GL Homes is planning to build homes and apartments on parts of two golf courses at the Fountains Country Club, west of Lake Worth.
The Sunrise-based builder has a contract to buy 63 acres for $17 million, said Larry Portnoy, a vice president for GL Homes. Fountains club members approved the deal this week, but the sale won't be completed until 2017.
They will not be ready to open for sales in the third or fourth quarter of next year," he said.
GL Homes estimates the 200 homes would be priced from the $450,000s to the $600,000s. Rental prices for the 270 apartments have not been determined.
Author:Mindy Bloom Phone: 305-332-2439 Dated: June 28th 2016 Views: 151 About Mindy: ...
Terrabella Realty is a boutique operation with over 1 Billion dollars of closed sales over the past 12 years, We have experience in the South Florida real estate market and we have developed strategic alliances with Real Estate Firms in foreign countries like, Argentina, Colombia, Venezuela, Mexico, Ecuador, Canada, Russia, France, England and Israel, to name a few. We have over 80 sales associates ready, willing and able to assist on the sale of your property and we are experienced enough to help you price it right.