The once-rural landscape of Parkland, Florida, is undergoing a dramatic transformation as the "Wedge" or "Golden Triangle" area, a significant developable parcel, rapidly fills with new residential communities. This region, previously part of Palm Beach County, was transferred to Broward County in 2009, strategically positioning it for growth as South Florida’s developable land dwindles. Major developers like Lennar and Standard Pacific are leading the charge, with initial residents already moving into upscale neighborhoods.
Key Takeaways
- The "Wedge" or "Golden Triangle" is one of the last large developable areas in Broward County.
- The area was transferred from Palm Beach County to Broward County in 2009.
- Major developers Lennar and Standard Pacific are building new communities, including MiraLago and Watercrest.
- A new 55+ community, Parkland Royale, is planned.
- Development is addressing school needs with land donations and modular classroom contributions.
A Strategic Transfer and Rapid Development
The "Wedge," a 1,949-acre parcel, became part of Broward County after a strategic transfer that aimed to manage the impact of development. Previously landlocked and accessible primarily through Broward County streets, the transfer facilitated easier development. Realtors highlight that buyers are drawn to new construction built to the latest standards, offering benefits like improved windstorm insurance rates and energy efficiency.
New Communities Take Shape
Lennar’s MiraLago and Standard Pacific’s Watercrest are among the first communities to welcome residents. These developments feature extensive amenities, including lakes and clubhouses. Lennar is also developing Town Parc townhomes, while MiraLago offers single-family homes starting in the mid-$400,000s. Watercrest provides design flexibility with various architectural styles and customization options.
Addressing Community Needs
The influx of new residents has brought attention to school infrastructure. Developers have contributed land for school sites, and the city has pledged funds for modular classrooms to ensure local students can attend schools within Parkland. The upcoming Parkland Royale, a 538-home community for those 55 and older, is being approved with the understanding that it will not add to the school enrollment burden.
Future Growth and Connectivity
With significant raw land still available, including the Bishops Pit site and acreage owned by CW Hendrix Farms, further development is anticipated. Plans to extend Hillsboro Boulevard and University Drive are expected to improve connectivity within Parkland and provide new access routes to major roadways like U.S. 441. This ongoing development is contributing significantly to the tax revenue for the city and county.