Sunterra’s $28M Land Buy Ignites Palm Bay’s Development Boom 🔥🏗️

1,900 Acres of Potential: Sunterra’s Big Play 🌴💰

Brace yourselves, Palm Bay! 🚨 Sunterra Communities just made a move that’s set to shake up the development scene in a big way. They’ve snapped up a jaw-dropping 1,900 acres of undeveloped land for a staggering $28.75 million. 💸 That’s right, we’re talking about one of the largest remaining land parcels in the county, and it’s got “game-changer” written all over it! 🎉

Prime Location, Unlimited Possibilities 📍🌇

Situated west of I-95 near the brand-new St. Johns Heritage Parkway interchange, this land is primed for greatness in the heart of thriving Palm Bay. 🌴 Sunterra first acquired this treasure back in the '90s with visions of a master-planned community called “Emerald Lakes.” While those plans didn’t quite come to fruition, the potential is still as bright as the Florida sun! ☀️

A Developer’s Dream Canvas 🎨🏡

Sunterra is ready to turn this blank slate into a masterpiece. They’ve partnered with CBRE to market this expansive tract for residential, commercial, or industrial development. 🏘️🏢🏭 Imagine a vibrant, mixed-use community complete with homes, shops, offices, and even a glistening 125-acre lake as the centerpiece! 🌊 The possibilities are endless!

SunTerra Lakes: A Community on the Rise 🌅🏡

Get ready to watch “SunTerra Lakes” become the talk of the town! 🗣️ That’s the name Sunterra has bestowed upon this massive development, and they’re planning to bring in multiple homebuilders to make this vision a reality. 👷‍♂️👷‍♀️ With Sunterra’s track record of successful master-planned communities, it’s sure to be a hit! 🎯

Palm Bay: The Hottest Spot in Brevard 🔥😎

There’s no denying it – Palm Bay is the place to be right now! 🌴 With job growth soaring thanks to the aerospace and defense industries, and the Parkway interchange making commutes a breeze, developers are flocking to this slice of paradise. 🏝️ Sunterra’s mega land deal is just the beginning of an exciting new era for Palm Bay!

So, buckle up, Brevard County! 🚀 Sunterra’s 1,900 acres of potential are about to catapult Palm Bay to new heights. Keep your eyes on The Palm Bayer for all the latest updates on this transformative development! 📰👀 #SunTerraLakes #PalmBayRising #BrevardCountyBoom