Two new neighborhoods are coming to Daytona Beach’s LPGA corridor, adding 463 single-family homes nestled within the golf course.
Both neighborhoods will be located east of LPGA Boulevard, the final plats approved by the city of Daytona Beach on Oct. 6.
Local developer Parker Mynchenberg’s firm is engineer of the developments for Meritage Homes, a national homebuilder based in Arizona.
“These are two subdivisions that are in the old part of LPGA, so they’re kind of both infill,” Mynchenberg told the Volusia County Council on Tuesday. “So finally LPGA is going to be developed out. That helps the golf course, restaurant there, et cetera.”
Meritage Homes of Florida is paying more than $2.9 million in proportionate fair share agreements for the new neighborhoods, 99% of which is going to the county for road improvements:
• $1.8 million for Legends Preserve, which will add 264 homes on 141 acres
• $1.1 million for Links Terrace, a 57-acre development adding 199 homes
County Engineer Tadd Kasbeer said this money will help fund the widening of Williamson Boulevard to four lanes from Strickland Range Road north to Hand Avenue.
Kasbeer said there also will be LPGA Boulevard improvements down the line, including to the bridge crossing Interstate 95, which he hopes the Florida Department of Transportation will largely fund.
“We want to try and leverage their budget as much as possible and minimize the impact to ours, but any of our proportionate fair share moving forward, we would start gathering and it would supplement whatever DOT doesn’t (pay for) on LPGA,” he told the county council.
Also: More restaurants, retail, luxury apartments coming to Daytona Beach’s red-hot LPGA area
Meritage Homes also owns two New Smyrna Beach developments, Sarinna Lakes and The Palms at Venetian Bay. Homes are priced at about $300,000 and up.
Mynchenberg said development likely won’t slow down in the LPGA area anytime soon.
“Quite a few projects coming your way,” he said. “My office designed quite a few and has a few more. They’re all subject to fair share, so there’ll be more checks coming.”
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