The city is seeking developers for the new project on the former Heron Bay Golf Course.
By Bryan Boggiano
Parkland is looking to sell some of the former Heron Bay Golf Course to kickstart residential development.
On its website, the city shared an offering memorandum prepared by investment management company Colliers, in tandem with the city, that outlines the requirements for potential aspiring developers.
According to the memorandum, developers must provide their company profile and background information, qualification and information about similar projects, the project description and development timeline, financial capabilities, deal structure, and the community and public benefit of the project.
It stated developers must work with HOAs to ensure any development does not adversely affect surrounding residents.
The residential development is slated to be built on roughly 21 acres of land that was part of the Heron Bay Golf Course purchase, known as the “dog leg.”
Parkland Seeks Residential Developers for New Project.
The area starts at Heron Run Drive and extends east to the canal adjacent to Nob Hill Road, then south for roughly a quarter of a mile.
Developers would work extensively with the city, which currently owns the land, since September when the commission voted to purchase it from North Springs Improvement District.
The area could house 52 single-family homes.
The dogleg would have 52 single-family homes, although the memorandum states the maximum number of homes would be 63. The average home lot size would be 11,435 square feet, while the average home’s area would be 4,002 square feet.
South of the dogleg, plans call for a possible mixed-use development.
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