Lennar unveils plans for former golf club in Deerfield Beach

Development will be the first master-planned community in Deerfield in more than 25 years

TRD MIAMI /
Sep.September 13, 2018 01:30 PM

Stuart Miller and photos of Veleiros

Lennar just unveiled its plans for the first master-planned community in Deerfield Beach in more than 25 years.

The nation’s largest homebuilder plans to build 415 single-family homes and townhomes on the site of the former Crystal Lake Golf Club at the corner of Military and Sample roads. The new community will be named Veleiros and will feature one- and two-story single-family houses and townhomes with up to four bedrooms and attached garages.

The community will sit on more than 100 acres and will be one the largest subdivisions in Deerfield Beach, Lennar said in a release. Lennar purchased the site in March for $12.8 million from Hoyer Homes. 

The first buyers are expected to move in by the middle of next year and the community is estimated to be completed in two years. Lennar did not disclose prices for the townhouses, which will be up to 2,000 square feet, and the single-family homes, which will be as large as 3,000 square feet.

Veleiros will also include Lennar’s smart home feature with Amazon, which allows homeowners to be connected to their devices.

Lennar, headquartered in Miami, became the largest homebuilder in the country when it acquired CalAtlantic for $9.3 billion earlier this year. The company has been actively buying up land – golf courses included – in South Florida as land becomes more scarce, but demand for affordable, single-family housing remains high.


Related Articles

arrow_forward_ios
La Quinta hotel at 100 Southwest 12th Avenue and CorePoint CEO Keith A. Cline (Google Maps)

CorePoint Lodging sells Deerfield Beach La Quinta for $6M

CorePoint Lodging sells Deerfield Beach La Quinta for $6M
Founder and CEO of IT'SUGAR Jeff Rubin, and BBX CEO Alan Levan (Credit: Denise Truscello/Getty Images)

It’Sugar files for bankruptcy protection after sales sour

It’Sugar files for bankruptcy protection after sales sour
Mark Pulte & 701 South Ocean Boulevard, Delray Beach (Credit: Google Maps)

Mark Pulte’s homebuilding firm buys Delray Beach oceanfront lot for $11M

Mark Pulte’s homebuilding firm buys Delray Beach oceanfront lot for $11M
Stuart Miller, Ken Griffin and 11 and 12 Star Island Drive (Credit: Google Maps)

Billionaire hedge funder Ken Griffin pays $37M for Star Island property

Billionaire hedge funder Ken Griffin pays $37M for Star Island property
Lennar's Stuart Miller

Homestead homeowners association sues Lennar, alleges shoddy construction

Homestead homeowners association sues Lennar, alleges shoddy construction
Dr. Walter Okoroanyanwu, Angelo Bianco and Jim Carr 

Doctor’s orders: developers increasingly tap medical experts, amenities

Doctor’s orders: developers increasingly tap medical experts, amenities
The Emerald Hills golf course and Ari Pearl

Developers propose Nicklaus redesign of Emerald Hills golf course, luxury residences

Developers propose Nicklaus redesign of Emerald Hills golf course, luxury residences
GL Homes President Misha Ezratti (Credit: LILA PHOTO via GL Homes)

GL Homes offers $22M for development rights in Agricultural Reserve

GL Homes offers $22M for development rights in Agricultural Reserve
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...