I got a tip from a Community planner that Loxahatchee is getting 500,000 new residential houses in the next few years built. This will obviously change the landscape of the lox region.
Anyone else have any predictions on development for the South Florida so we can make informed purchases?
Also interested in buying raw land for farming. Lox may be gold.
That is great about Lox! Wow! There's a ton of development and possible plans in place to make Delray Beach even more attractive. Talk of making Atlantic Blvd pedestrian only and more and more aspects of possible plans are making Delray look a lot like the Santa Monica of Florida.
@Jonathon Van Dine I believe you are referring to Westlake. It is the new city being built in Palm Beach County. A developer by the name of Minto West purchased the land and is developing it. There are a ton of news articles showing the development plans. It looks like some really cool stuff going on. You have to think that all of the buildings (schools, police, fire station) are all going to have to be new.
@Donavon Davies I believe you were the first to bring this to my attention. Have you heard anything more about this?
Westlake is currently being built. They have model homes up. I don't think that the building projections are anywhere near 500,000 though.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you
Create Lasting Wealth Through Real Estate
Join the millions of people achieving financial freedom through the power of real estate investing