Monday, October 16, 2006

New Development for Waterfront Homes in Boca Raton

Boca Raton will give birth to a community with 172 luxurious, lakefront homes in two years. It is one of the city's last places for a new major residential area.

Stiles Corp., the real estate company in charge of the project, plans to construct 32 houses and 140 townhouses near a 20-acre lake and the Pondhawk Nature Preserve. There will also be a walkway along the shore that will connect the subdivision to the city, a new library and the Count Hoernle Park Amphitheater located at the north end of Mizner Park.

According to a Sun-Sentinel article, Stiles is not sure on whether it should built a fitness center within the community since residents will be close to a health club on Yamato Road.

The average price for these new Boca Raton homes will range between $600,000 to more than $1,000,000. The company will start production in early 2007.

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