Lennar is launching a 1,335 home and golf course project in Homestead’s Keys Gate development to be called Altimira.
The Miami-based homebuilder recently submitted a proposed site plan and two zoning amendments to the City of Homestead. The town’s Development Review Committee will consider the proposal at a meeting next Tuesday, then it will go to Homestead Town Council for approval at a later date.
A spokesperson for Lennar, led by executive chairman Stuart Miller, did not respond to a request for comment.
Lennar is under contract to buy 350 acres in the 850-acre Keys Gate from entities controlled by Homestead developer Wayne Rosen and the Michael Latterner Trust, according to the South Florida Business Journal. The developer’s proposal shows that Lennar intends to build 385 single-family homes, 480 townhouses and 419 villas on the site, as well as redesign and reopen an enclosed golf course at 1800 Palm Drive and renovate a club- house closed at 2300 Palm Drive.
The golf course would include 18 holes, a putting green, mini-golf and driving range, the proposal says. Lennar would also add a restaurant, golf shop, and gym to the clubhouse.
Lennar is also seeking approval to build 51 single-family homes on a 14-acre site at 888 Southeast 28th Avenue in Homestead, which is also in the Keys Gate community.
The homebuilder’s proposal bucks a recent trend among residential developers, including Lennar, to buy up South Florida golf courses to convert into housing projects. In January, Lennar paid $19.2 million for part of a gated golf course west of Delray Beach that is approved for residential development.
In the same month, Boca Raton-based Altman Companies paid $14 million for a large portion of a golf course near Wellington where the developer plans to build Altís Blue Lake, a garden-style apartment complex of 318 units.
In November, Sunrise-based GL Homes purchased Boca Raton’s former municipal golf course for $65.7 million. The developer has city approvals to build over 550 homes on the site.