We acquired bank-owned land with 4200 residential lots for $16M in 2013. This same land had been in escrow for $160M in 2006. The project has been renamed the Mirada, with the golf course redesigned as a Crystal Lagoon feature. We have already sold several bulk lots to national builders and are in contract for several more large lot sales as this is the fastest growing metro area in the U.S.
The Mirada, Pasco County, Florida
Status: Closed but In-Progress