Pulte plans more than 800 homes on closed golf course in Lauderhill

Pulte plans more than 800 homes on closed golf course in Lauderhill



PulteGroup plans to build more than 800 homes in Lauderhill on nearly half of a former 36-hole golf course that closed in 2020.

The Atlanta-based homebuilder also plans to build a new 18-hole golf course next to the site where it plans to build homes at the former Inverray Country Club.

PulteGroup, led by President and CEO Ryan R. Marshall, has a contract to acquire 131 acres of the old 295-acre Inverrary golf course, Brent Baker, president of Pulte’s Southeast Florida division, told The Real Deal.

The Lauderhill City Commission unanimously voted Monday to grant initial approval, on first reading, to Pulte’s proposal to change the land use of the 131-acre site from “commercial recreation” to “residential irregular.”

Home construction on the site is scheduled to start in late 2026, and the buildout would take more than five years, Baker told TRD.

Prices for the new Pulte homes in Lauderhill, if available today, probably would start between $500,000 and $550,000 for attached townhouses, and in the range of $1 million to $1.2 million for houses, Baker said. Community amenities would include a swimming pool, gym and about 13 acres of park space for the exclusive use of the homeowners, he added. 

Records show that Madison, Florida-based Victorville West Limited Partnership paid $11 million to acquire the Inverrary Country Club in 2006 before closing it 14 years later. Baker declined to disclose the contract price Pulte would pay Victorville to acquire a 131-acre slice of the former golf course.

The land use plan amendment for the 131-acre site would allow Pulte to build as many as 888 homes, including 691 attached townhouses and 197 houses, according to the company’s application for the amendment.

Pulte is planning more attached townhouses than houses on the Inverrary site, but hasn’t decided exactly how many of each to build. “That’s a little bit fluid,” Baker said.

Hope Calhoun, an attorney for Pulte, said Monday at the Lauderhill City Commission meeting that the company probably will propose slightly fewer than 888 homes in a forthcoming site plan for the development. The project is also subject to commission votes on a proposal to rezone the site and final approval of the land use change on second reading. “This is the very first step of what will be a very long application process,” Calhoun said.

Victorville West Limited Partnership is working with residents who live near its shuttered golf course to amend a declaration of restrictive covenants that currently allows only recreational use of the site where Pulte plans to build homes, Baker said. Eliminating restrictions on the site to allow homes would require approval from homeowner associations that represent nearby residents, he said. 

As part of an effort to win a favorable vote on the restrictions from the homeowner associations, Pulte plans to build a new 18-hole golf course, clubhouse and driving range on 164 acres of the old Inverrary golf course, just west of the 131 acres where the company would build homes.

Victorville West Limited Partnership would transfer ownership of the new 18-hole golf course to the homeowner associations, which would cover the cost of maintaining it, Baker said.

“We are not acquiring the [164 acres of] land that will house the redevelopment of the golf course,” he said. “We are not going to own or fund the golf course long term. That’s not our business.”





Source link