Pulte buys site at Avenir in Palm Beach Gardens, plans 390-home development

PulteGroup acquired 98 lots in this deal and plans to buy more

Miami /
Mar.March 05, 2021 01:30 PM
PulteGroup's Brent Bake a rendering of the site in Avenir

PulteGroup’s Brent Baker, a rendering of the site in Avenir

National homebuilder PulteGroup bought 98 lots at Avenir in Palm Beach Gardens for $13.7 million, with plans to develop new single-family homes at the master-planned community.

Atlanta-based Pulte’s planned development will be named Avondale at Avenir. PulteGroup acquired the lots on Northlake Boulevard from Avenir Development LLC. The price equates to nearly $140,000 per lot.

Avondale at Avenir will have 390 single-family homes with prices starting from the $600,000s, according to a press release. Sales will start later this year.

The homes will have one or two stories, and will range from three to four bedrooms with three to four bathrooms. The five different floorplan options will range from 2,269 square feet to 3,339 square feet, according to the release. Community amenities will include a resort-style pool, a fitness center and spa and two tot lots.

Palm Beach County property records show Pulte Home Company LLC already owns neighboring land. According to a spokesperson for PulteGroup, the company also plans to buy more land in the future for its housing development.

Other homebuilders have also purchased land at Avenir, a 4,783-acre master-planned community. K. Hovnanian, Kenco and Toll Brothers have all bought land to build their own communities. Even golfer Jack Nicklaus’ design company plans to design a golf course on the land.

Pulte has been active in South Florida. Its projects include Boca Flores in Boca Raton, The Fields in Lake Worth, Ancient Tree in Palm Beach Gardens, and Sonoma Isles in Jupiter. The company also will soon break ground on Bridgewater in Jupiter, according to the release.

In November, the homebuilder bought 31 acres in Lake Worth for $9 million, with plans for a housing community called Windsong Estates. Pulte also spent $1.7 million on 20 acres in Lauderdale Lakes for a new single-family community.






    Related Articles

    arrow_forward_ios
    Stuart Miller, Executive Chairman of Lennar (Getty, University of Miami)
    Lennar picks up 27 acres in Homestead for $7M
    Lennar picks up 27 acres in Homestead for $7M
    Toll Brothers chairman and CEO Douglas C. Yearley, Jr. with Jupiter Country Club (Toll, Facebook via Jupiter Country Club)
    Toll Brothers faces lawsuits over alleged construction defects at Jupiter Country Club
    Toll Brothers faces lawsuits over alleged construction defects at Jupiter Country Club
    Charl A. Schwartzel and 12247 Tillinghast Circle, Palm Beach Gardens
    Pro golfer Charl Schwartzel sells Palm Beach Gardens mansion for $9M
    Pro golfer Charl Schwartzel sells Palm Beach Gardens mansion for $9M
    Avenir Development's Rosa Schechter and the Avenir project in Palm Beach Gardens
    Avenir developer in Palm Beach Gardens pays $69M for more acreage
    Avenir developer in Palm Beach Gardens pays $69M for more acreage
    Lone Star Funds founder and chair John Grayken, Discovery Senior Living exec Richard Hutchinson and the Palm Beach Gardens location of Discovery Senior Living. (Discovery, Getty)
    Lone Star Funds buys two Palm Beach County senior living complexes for $57M
    Lone Star Funds buys two Palm Beach County senior living complexes for $57M
    ABS National Business Parks manager Gregg Schenker, Stiles CEO Kenneth Stiles and Garden Plaza in Palm Beach Gardens (CBRE, Stiles, ABS)
    Stiles sells Palm Beach Gardens office complex for $31M
    Stiles sells Palm Beach Gardens office complex for $31M
    Simon Gregg with the property (Trans Am)
    Trans Am champ pulls into Palm Beach Gardens mansion for $9M
    Trans Am champ pulls into Palm Beach Gardens mansion for $9M
    Greg Norman with 382 South Beach Road and 12227 Tillinghast Circle (Getty, Shawn Hood Media, Google Maps)
    Greg Norman picks up Palm Beach Gardens manse after selling Jupiter Island estate for $55M
    Greg Norman picks up Palm Beach Gardens manse after selling Jupiter Island estate for $55M
    arrow_forward_ios

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

    Loading...