Florida’s largest home builder, Lennar Homes, has closed on a 151.3-acre site in the Village of Royal Palm Beach, according to South Florida Business Journal reporter Brian Bandell.

The subsidiary of Miami-based home builder Lennar Corp. paid $34.28 million for the site at 980 Crestview Blvd. It plans to build 385 town homes on the property, which had formerly been a wastewater treatment plant. 

Read more >