Standard Pacific Corp. is turning an abandoned Pembroke Pines golf course into a community of 105 single-family homes.
The Irvine, Calif.-based builder paid $7.7 million last week for 33 acres at the Raintree Golf & Country Club near Pembroke and Hiatus roads.
The tract is adjacent to an 11-acre parcel on which Standard Pacific plans 96 townhomes.
Dan Grosswald, the builder's South Florida president, said he expects to start sales at both developments early next year. The company has not yet set price ranges.
The city of Pembroke Pines has sold parts of the golf course after buying it for $9.1 million in 2009. The private course closed in 2006.
Standard Pacific bought the 33-acre parcel from Stefan Hoyer, a Miami-based developer who says he's working with the builder as part of a joint venture. He also is under contract with the city for the course's remaining 80 acres, where more homes are planned.
If developers receive all of the requested approvals, roughly 500 homes will be built on the golf course, city officials say.
"It's a huge coup for the city," Hoyer said. "I'm very, very proud of it."
Builders are looking to redevelop golf courses and trailer parks across Broward County because available land is so scarce.
"Everybody is running around looking for the crumbs," said Anthony Trella, a homebuilding consultant in Deerfield Beach.
"When you get into a land-restricted market, you have to be creative, and that's absolutely our approach here," Grosswald said.
Standard Pacific started construction in 2012 at Watercrest at Parkland on land known as "The Wedge." The company also is building in Miramar, Cooper City and another part of Pembroke Pines. It inherited some projects when it acquired Coral Springs-based Centerline Homes last summer.
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