Lennar is planning a golf-course community in Boca Raton--that is, a community that used to be a golf course. The Real Deal Miami reports:
Miami-based homebuilder Lennar Corp. has a contract to acquire a public golf course in Boca Raton from Wells Fargo Bank for an undisclosed amount on July 1.
Lennar plans to build homes on the entire grounds of the 27-hole Ocean Breeze Golf Club at 5801 Northwest 2 Avenue in Boca Raton. Wells Fargo owns Ocean Breeze because the bank’s South Florida predecessor, Wachovia Bank, filed a foreclosure suit in 2010 against the property’s previous owner.
The 27-hole golf course is the largest of two courses in Boca Raton that are open to the public.
According to city officials, Lennar plans to build homes on the entire Ocean Breeze property. Ocean Breeze spans more than 200 acres in the Boca Teeca subdivision of Boca Raton.