I know what you are thinking about Parkland and Pre-Construction: Chinese Drywall? Vacant Homes Sitting In Heron Bay and Parkland Golf & Country Club?
Well, have no fear, FINALLY, Centerline Homes in West Parkland is here! Centerline recently released their new community, Parkland Reserve, a 168-home community in Parkland, conveniently located just of the Sawgrass Expressway. Yesterday, the Sun-Sentinel did a story on the Parkland Reserve new development entitled No loan, no problem: Builder perseveres with Parkland project. Centerline purchased the 75 acres last year after another developer defaulted on their loan. Craig Perry, chief executive for Coral Springs-based Centerline, stated that they could not get the loan themselves at first for the new project. Instead, Centerline, despite criticism, put up their own company money to “get the job done.”
FINALLY, we have a reputable developer that stands behind their work and does not disappear into the air when things gets tough in the real estate market. Perry also stated that Centerline was able to put up their own money into the project, because they were not affected by the market downturn as other developers in Florida.
So far so good for Centerline. Reportedly, they have 70 signed purchase agreements and 9 completed sales to date. Prices range from $329,900 to $449,900, which I believe is affordable and competitive with the current Parkland state of the market. Their smallest 3 bedroom, 2 bathroom, 2-car garage Acadia model is just under 1,900 square feet under air conditioning.
The Parkland community can finally feel confident that there is a builder that stands by their word and product! If you are interested in previewing Parkland Reserve models, please contact us directly at 954-609-0591.
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If you are interested in buying or selling real estate in Parkland, please give us a call at 954-609-0591 or send a note to the squawk.