Making its first entree into the City of Daytona Beach, Meritage Homes is already breaking ground on two of three neighborhoods in LPGA International, with many of the home sites backing up to the LPGA Golf Course.
The first models are expected to open between October and December, with a full opening of the first phase in Quarter 1 of 2023.
“Amenities like that are extremely advantageous for our buyers,” said Brian Kittle, Orlando division president of Meritage Homes, speaking of the proximity to the golf course. “We are expecting huge interest.”
The three phases are named Legend’s Preserve, Links Terrace, and Grand Champion, with varying lot sizes and home sizes and a combined 820 homesites.
LPGA Venture Holdings, LLC owns the property Meritage Homes is building on in LPGA International. JMJ Capital Holdings of Jacksonville is the developer.
Just what the price points for the homes will be is still anyone’s guess due to rising construction prices and hard-to-obtain building materials, Kittle said. He noted that costs rose $47,000 per unit on one recent project before they were even on the market.
“Hopefully, we will see a break in lumber by later in the second quarter.”
Meritage has already broken ground for Legends Preserve, with 264 homes planned on 141 acres, and for Links Terrace, which will go up second with 199 homes on 57 acres.
“We’ve got those two, then Grand Champion, which is going to come about a year after we open the previous two,” Kittle said.
Links Terrace will have one one-story plan and two two-story plans.
“Legacy will have a 40-foot product on 50-foot lots that will range from 1,908 square feet to 3,232 square feet. It will be a carbon copy of Grand Champion, except this one is coming first,” Kittle said.
There are conservation easements around most of the property, he said.
“The amenities, which include a pool and cabana and recreation center, are extremely advantageous to our buyers,” Kittle said. They don’t have to join the (golf) club, but they can.”
Grand Champion will have 357 homes – 231 on 50-foot lots and 126 homes on 60-foot lots. “We’ve also got a 40-foot product ranging from 1,908 square feet to 3,323 square feet,” Kittle said. “Our 60-foot lineup is a 50-foot product with 2,180- to 3,807 square feet.”
Meritage Homes will offer two single-story plans and four two-story plans for its 40-foot lineup. “For our 50-foot sites, we will offer two one-story plans and three two-story plans.”
Since this is Meritage Homes’ first venture into the Daytona market, Kittle said it is exciting for his company. “It has built up so much over the course of the years.”
Kittle said that the city finalized approvals for all three phases late in 2021.
Meritage Homes has been involved in several other significant developments in recent years, including Hawk’s Crest in Winter Park, along the southern shores of Lake Howell. Homes there are 1,756-square feet up to 2,378 square feet.
Meritage Homes also built at Watermark’s luxury lake home community in Horizons West, Winter Garden. Those homes range in size from 1,758 square feet to well over 5,000 square feet. Hawk’s Crest and Watermark both contain more than 800 lots.
“We are also involved in the Powerline Road project in Polk County with a little over 2,400 lots,” Kittle said. That project is called Crosswinds.
LPGA International considered Daytona’s premier golf club, boasts 36 holes of world-class golf designed by Rees Jones and Arthur Hill. It is the home course of the LPGA Tour and the host of the final stage of the LPGA Tour Qualifying School.