Tuesday, June 28, 2016

The White Course and Downtown Doral South

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.

No comments:

Post a Comment

Copyright 2012 Doral Riches. All rights reserved. 8180 NW 36 Street Suite 321. Doral, FL. 33166. Tel (305) 799-7437. Fax (786) 888-1487 info@doralriches.com