Monday, March 27, 2017
BOCA RATON, FL, March 27, 2017) – PulteGroup Inc. has acquired 40 acres within the site of renowned Boca Raton retirement destination Boca Lago Country Club.
The national homebuilder paid $8.3 million for the land, which is located off Lyons Road just south of Glades Road.
PulteGroup has plans to build a 55-and-up community, called Boca Flores, under its Pulte Active Adult brand. The project will have 130 two-story carriage homes with two-car garages and one-story villas. Elevators will be standard in the two-story units. Prices start in the high $300,000s.
“Boca Flores is a response to the tremendous demand for active adult homes in close proximity to beaches, world-class dining and shopping,” said Brent Baker, PulteGroup’s southeast Florida division president. “The access to the Boca Lago Country Club also adds significant value for this particular buyer segment.”
The project will be built on a portion of the Boca Lago golf course that was previously closed by the club. Boca Flores is another example of Pulte’s unique ability to revitalize dormant golf course sites with vibrant new communities.
Homes at Boca Flores will range from 1,542 to 2,399 square feet. Amenities include a social membership with tennis privileges at Boca Lago Country Club, a resort pool, cabana, pickle ball court, passive park and walking trail. The community is gated with on-site security present.
“Maintenance-free, highly amenitized living is especially attractive to today’s 55-and-up consumer,” said Baker.
Pulte is slated to launch sales in August 2017. Model homes are expected to open during the first quarter of 2018.
For a complete copy of the company’s news release, please contact:
Todd Templin and Eric Kalis, BoardroomPR