Spaulding Point DevelopmentSpaulding Point Development

Project Description

Project: Gated master planned community with a 43,000 square foot sports and social club, multiple tennis courts, an 18 hole golf course, and fountains behind every home.  Prices range from the mid $600’s to well over $2M.

Involvement: Managed the asset through bankruptcy and during the period of construction pause post-bankruptcy.    Assisted WCI* in the completion of many of the community’s required subdivision improvements and in the disposition of Parkland Golf and Country Club in 2009 as a part of the strategic plan of reorganization allowing WCI to meet its $300M debt obligations within the first 12 months of emergence.  The asset was sold for more than $36M.

Size: 790 acres

 

Project Detail

  • Residential
  • Parkland, FL

Houzz