GL Homes Offers County Land And Money To Build In The Agricultural Reserve
Sunrise-based GL Homes promised to donate land and money for the construction of new public schools if it wins approval of its proposal to build houses in Palm Beach County’s Agricultural Reserve.
GL has approval to build 3,900 houses on a 4,900-acre tract called Indian Trails Grove. But instead, the company has proposed building houses outside of Indian Trails Grove in the county’s Agricultural Reserve, a 22,000-acre farming zone west of Boynton Beach.
GL would use its land at Indian Trails Grove to meet the county requirements for building in the Agricultural Reserve, which require conservation of 60 acres for every 40 acres developed.
In a non-binding letter of intent, GL said if its proposal is approved, the company would donate $10 million and 105 acres of land for construction of a public high school and an elementary school. Its offer wouldn’t preclude GL from paying impact fees in connection with its housing development.
Source: The Real Deal
Leave a ReplyWant to join the discussion?
Feel free to contribute!