On this real estate cycle, the Doral submarket
has shown to be very dynamic. Every day the housing demand increases in Doral.
This area in Florida is now undergoing transformation with new constructions. Some
of these constructions in Doral are Shoma and the Related Group mixed-use
project, CityPlace Doral, and Sergio Pino’s mixed-use development, Midtown
Doral. But one of the most recently announced ones is Downtown Doral South,
which recently acquired and incorporated the White Course spaces to expand
their project.
Lennar Homes and CC
Homes acquired the former golf course in Doral, the White Course, for $96
million. The White Course, located in the northeast quadrant of Northwest 41st
Street and Northwest 87th Avenue, will be used in the development of Downtown
Doral South. Its 130 acres will be used for the expansion of this project,
which will feature 2,209 residential units, 150,000 square feet of office
space, 30,000 square feet of retail, seven acres for civic and school use, and
17.6 acres for an amphitheater and public recreation areas. The plan will not
give developers the ability to transfer density and uses between the White
Course and the original Downtown Doral.
As for the White Course itself, it will be
mainly for residential purposes. It will feature single-family homes and multi-family
buildings, a charter school for grades 6 through 12, assisted and independent
living facilities, and a medical building. The White Course will have about 390
single-family houses and 90 townhouses. All of them will be connected by a
linear greenway and a paseo for the new public spaces and amphitheater.
Now, we just have to wait for this amazing
project, now expanded, to take shape. The development of this project must
begin within 10 years, according to the CBRE offering. The agreement is in
place for 20 years and was part of a court settlement between the former owner
and the city. Also, the intention of the project is to develop the White Course
respectfully and complementarily to Downtown Doral, which is what Doral’s residents
want.
