HUGE BROWARD LAND TRACT TO BECOME SENIOR HOUSING IN PARKLAND
The last large tract of land in Broward, 178 acres in Parkland, was bought for $53 million dollars from Tuttle Land Development. The buyer is Hovnanian Enterprises out of New Jersey. They will be building a 700 home community called Parkland Royale, which will be for people 55 years old and older. The homes will be priced between $500,000 - $800,000 and will be built in two phases. The first will encompass 538 homes and the second 200. There will be a 50,000 square foot clubhouse. It is going to be marketed to baby boomers who want to downsize, the first project like it in Broward. You might have heard that there is quite a bit more construction taking place in Parkland now. WCI Communities, Lennar Corp., Standard Pacific and Toll Brothers are currently building 1,000 homes without age restrictions there. While this type of senior living community is sorely needed and much more of them, Parkland will never be the same. I can’t help but think of Jupiter when they got the Harbourside project thrust upon them. You see these are two very quiet cities with little commercial. People have big homes and in many cases horses (in Parkland) and they like the quiet, slow pace. All of this development is not what they want but it is the way of the future. I am sure the unhappy Parkland and Jupiter residents could still find something nice, reasonable and quiet in Port St. Lucie or Vero Beach but it isn’t the same. As always thanks for reading and have a great day.
Hovnanian buys Parkland property for 55-and-over community
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