Developers Armando Codina and Jim Carr purchased a Sunrise golf course with plans for a 900-home project, marking continued redevelopment of South Florida’s greens and fairways.
CC Homes, led by Codina and Carr, bought the 160-acre shuttered Sunrise Country Club at 7400 Northwest 24th Place from an affiliate of South Florida real estate investor Roland DiGasbarro for $12.3 million, according to records and real estate database Vizzda.
The project, called Solterra, will consist of 300 to 400 single-family homes and 500 to 600 townhouses, Andres Miyares, president of CC Homes, said via email.
Solterra has been in the works for at least two years. In 2021, the city of Sunrise approved a development agreement allowing for the project and a community development district that would pay for infrastructure improvements by assessing future homeowners.
Community Development Districts, or CDDs, have become an increasingly common way for developers of large projects to finance road, sewer, stormwater and other improvements.
The Solterra Community Development District plans to issue up to $103.2 million in bonds in several series that will then be paid back through special assessments, according to CC Homes’ filing to Broward County.
A construction timeline hasn’t been determined, Miyares said in his email.
Founded in 2007 by Carr and Codina, Coral Gables-based CC Homes has developed residential communities throughout Florida, according to its website. The firm’s projects include Bristol Reserve at 2530 Southwest 121st Avenue in Davie, where asking prices start at $1.6 million; and Pine Rockland Estates at 7200 Southwest 73rd Court near South Miami, where prices start at $2.5 million, CC Homes’ website shows.
CC Homes also recently completed construction of the 422-home Canarias project at Downtown Doral.
Codina and his daughter, Ana-Marie Codina Barlick, lead the development firm Codina Partners that developed the master-planned Downtown Doral.
In Hialeah, Codina and Carr are partnering on a planned redevelopment of a closed Sears store site at 1625 West 49th Street. Codina Partners paid $16.5 million for the big box store and an outparcel this month.
South Florida developers have been zeroing in on golf courses, as the properties offer expansive land fitting for a residential project. As oversupply and financial woes led to many golf courses’ closure, developers swooped in to purchase the sites.
In Tamarac, Arnaud Karsenti’s 13th Floor Homes scored approval in March for a 335-home project on the closed Woodlands Country Club, just west of the Florida Turnpike on the south side of Commercial Boulevard.
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