CLIENT NEWS: D.R. Horton has Homestead Farmland Under Contract
February 3, 2022D.R. Horton is seeking development approval for a swath of farmland in Homestead that it has under contract.
The city’s Development Review Committee will consider the land use amendment, rezoning and site plan approval for the 8.6-acre site at the southwest corner of Southwest 320th Street/East Mowry Drive and Southwest 162nd Avenue on Feb. 15. It’s just west of Florida’s Turnpike.
The Arlington, Texas-based homebuilder (NYSE: DHI) has the property under contract from the Jose L. Machado Jr. Trust in Miami.
D.R. Horton wants to build 77 townhouses in buildings of two stories on the property. Called Machado Groves, the project would have units ranging from 1,728 square feet with three bedrooms to 1,871 square feet with four bedrooms. Each townhouse would have a one-car garage and two parking spaces in the driveway.
Machado Groves would have no amenities.
Miami-based attorney Melissa Tapanes Llahues represents D.R. Horton in the application. Octavio A. Santurio in South Miami is the architect for the project.
A City Commission vote would be required at a later date.
D.R. Horton has been extremely active in seeking out home development sites in south Miami-Dade County, including in Homestead. It’s one of the few areas of the county with lots large enough for new single-family homes and townhouses, and the relatively low land prices make it easier to build homes at prices buyers can afford.
