As the demand for luxury properties in South Florida reaches unparalleled highs, gated communities are using lotteries as a way to create a semblance of order when listing new homes on the market.
As the demand for luxury properties in South Florida reaches unparalleled highs, gated communities are using lotteries as a way to create a semblance of order when listing new homes on the market.
Over the past decade, luxury homebuilder GL Homes has bet big on West Boca, gobbling up swaths of untapped land with the hopes of creating thousands of upscale homes. And amid a scorching housing market, that bet is set to pay off in a major way as more than 2,200 proposed homes could generate more than $2 billion in sales and likely much, much more.
Amid a surge in development around West Boca, the state plans on expanding Florida’s Turnpike in an attempt to help potentially alleviate the frequent rush hour congestion around the Glades Road exit.