Pulte Homes will build 36 affordable townhouses in partnership with the West Palm Beach Housing Authority.
Prices will range from $140,000 to $180,000 for the townhouses, which would have an average of 1,300 square feet of interior space plus a garage.
Pulte will build the townhouses on land owned by the West Palm Beach Housing Authority at 1906 Merry Place in West Palm Beach. The location is just west of U.S. Highway 1 and approximately seven blocks north of Palm Beach Lakes Boulevard.
As a developer of a large-scale residential community in Palm Beach County, Pulte is required to build affordable homes or contribute to the county’s affordable housing fund.
Patrick Gonzalez, vice president of land development in the Southeast Florida division of Pulte, said the 36 townhouses will meet Pulte’s affordable housing requirement for building the Fields at Gulfstream, a 916-home development near Lake Worth.
Gonzalez also said the affordable townhouses will have the same quality as the market-rate townhouses that Pulte builds. [South Florida Business Journal] – Mike Seemuth
For more details from The Real Deal Miami, visit https://therealdeal.com/miami/2018/04/14/pulte-to-build-36-affordable-townhouses-in-west-palm-beach/
