The Homestead Land Rush

The area around Homestead struggled to recover after the 1992 Hurricane Andrew. Now it is experiencing a land rush as South Florida approaches buildout.
July 8, 2003, 1pm PDT | Chris Steins | @urbaninsight
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"Prices for acreage have doubled in the past few years and about 17,000 homes are planned or under construction in the area. Putting an exclamation point on the trend is Lennar Corp.'s plan to build about 1,500 homes in an area where tree farms and vegetable fields are sprouting subdivisions... The area began attracting developers about three years ago, when the county started to run out of land in the north, west and east, said Anthony Seijas, who heads Lennar's Miami-Dade division."

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Published on Monday, July 7, 2003 in MSNBC


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