realestate

Lennar to Acquire Barry University Land: Plans for Townhomes Revised

Lennar plans to purchase approximately 24 acres of land owned by Barry University in Miami Shores for a townhouse development project. This proposal represents a significant reduction in scale compared to their initial plans.

L
ennar, a prominent homebuilder, is planning to construct a townhouse development on land owned by Barry University in Miami Shores. This project, known as The Shores, will be significantly smaller than the company's initial proposal, which was for more than 600 townhomes and multifamily units. The new plan consists of two-story and three-story townhouses with two-car garages, covering around 24 acres of land west of the university's main campus at 11300 Northeast Second Avenue. The site is located between Northwest Second and Sixth avenues, north of Northwest 112th Terrace. The price of the land has not been disclosed.

    The Miami Shores Planning & Zoning Board will consider designating the site as a "community residential zoning district" at a workshop on Monday. The public will also have an opportunity to provide their input at a public meeting on Thursday at the Doctors Charter School of Miami Shores, located at 11301 Northwest Fifth Avenue. This project has been in the works for at least two years and would be one of the first major developments in the area in recent years.

    Lennar has been working closely with Barry University and Miami Shores residents for more than a dozen meetings since 2022 to scale down The Shores project. The company has scrapped plans for multifamily units and gating The Shores, opting instead to keep it open and consistent with the rest of the residential development in Miami Shores. As part of the project, Lennar has allocated 1.5 acres of the development site for a public park featuring paths, a dog park, pickleball courts, and a tot lot. Additionally, a separate 1.3-acre portion of the site will be designated for Doctors Charter School.

    Led by co-CEOs Stuart Miller and Jon Jaffe, Lennar has been actively investing in Miami-Dade County with new project proposals. In addition to The Shores project, Lennar recently purchased a 59-acre site in Homestead for $28 million, which has been approved for a 296-townhouse project. In Aventura, the company partnered with the Toledano family's BH Group to acquire the closed 104.2-acre Presidential Estates golf course for $17.5 million. The pair plans to build 103 single-family homes, which will be added to the existing adjacent Presidential Estates community, which currently has 136 homes.

Lennar acquires Barry University land in Miami Shores for townhome development project.