PulteGroup $5.1 million for a former radio tower site in Palm Beach County, according to Mike Seemuth of The Real Deal Miami. It plans to build 164 townhomes.
The home builder plans to build the townhouses in a development called Preston Square. “We’re excited about that one because it will be priced from the mid-$200,000s,” Brent Baker, president of the southeast Florida division of Pulte, told The Real Deal.
This isn't the builder's only purchase in the area.
Baker said the Palm Springs development site is a former radio tower site, one of several properties that Pulte has purchased and re-purposed in Broward and Palm Beach counties.