Records show the land is currently owned by Canadian golf course owner and operator ClubLink. The firm is a sister company to Morguard, which currently owns a portfolio of multifamily, retail, and office real estate in Canada and Florida, according to its website. It paid $4.2 million for the property in 2011, records show.
According to a notice from the Woodlands Homeowners Association, 13th Floor has an option to purchase the Woodlands golf course from ClubLink.
The planned homes would be priced in the high $300,000s, with a minimum of 2,000 square feet, and feature at least three bedrooms, according to the Sun Sentinel. Mike Nunziata, president of 13th Floor Homes, told the newspaper that he would leave 120 acres empty and separate the new homes with lakes or landscaping. Developed in 1968, The Woodlands spans 279 acres.
In February, 13th Floor scored similar approvals for its Avalon Trails project in Delray Beach. The developer converted an 18-hole golf course in Delray Beach into a community geared toward people 55 and older with about 524 residential units.
The firm also built home communities off Commercial Boulevard in Tamarac on the former Monterey and Sabal Palm golf courses.
More from The Real Deal Miami via http://ift.tt/2zSklPa. 4600 Woodlands Boulevard and 13th Floor Homes’ Michael Nunziata (Credit: 13th Floor Homes)