Two new neighborhoods are coming to Daytona Beach’s LPGA corridor, adding 463 single family homes located within the golf course.
Both neighborhoods will be east of LPGA Boulevard, the final platform approved by the City of Daytona Beach on October 6th.
Local developer Parker Mynchenberg’s company is a development engineer for Meritage Homes, a national Arizona-based home builder.
“These are two subdivisions that are in the old part of LPGA, so they’re both kind of an infill,” Mynchenberg told the Volusia District Council on Tuesday. “So finally LPGA is being developed. That helps the golf course, the restaurant there and so on.”
Meritage Homes of Florida is paying more than $ 2.9 million in prorated fair share agreements for the new neighborhoods, 99% of which goes to the county for road improvements:
- $ 1.8 million for Legends Preserve, which will add 264 homes across 141 acres
- $ 1.1 million for Links Terrace, a 57-acre property with 199 homes
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County Engineer Tadd Kasbeer said the money will help fund the expansion of Williamson Boulevard to four lanes from Strickland Range Road north to Hand Avenue.
Kasbeer said there will be improvements to LPGA Boulevard as well, including the bridge over Interstate 95, which he hopes will largely fund the Florida Department of Transportation.
“We would like to try to use your budget as best as possible and minimize the impact on ours, but we would collect any of our proportionate fair shares in the future and it would complement anything that DOT does not (pay for) on LPGA. “, He told the district council.
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Meritage Homes also owns two development projects in New Smyrna Beach, Sarinna Lakes and The Palms at Venetian Bay. Homes cost around $ 300,000 and more.
Mynchenberg said developments in the LPGA space are unlikely to be slowing down anytime soon.
“You have some projects coming up,” he said. “My office has designed quite a few and has a few more. They’re all fairly priced, so more checks will come.”