Lennar Unveils Plans for Largest New Home Community in Decades to be Built in Deerfield Beach

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Lennar, the nation’s #1 homebuilder, announced plans to build its newest master-planned Veleiros community in Deerfield Beach. The first-of-its-kind to be built in the city in more than 25 years, the expansive resort-style community will offer a unique blend of hundreds of new single-family homes and townhomes that will make it one of the city’s largest subdivisions.

The Radiante is just one of the beautiful models planned for Lennar's Veleiros community.

Veleiros will combine best-in-class luxury with value to deliver the finest that South Florida living has to offer.

Top South Florida homebuilder Lennar announced plans to build the first new master-planned community in Deerfield Beach in more than 25 years. The over 100-acre elegant resort-style Veleiros community will offer 415 single-family homes and townhomes nestled around stunning Sailboat Lake on the former site of the Crystal Lake Golf Club.

When completed, the community will be one of the largest subdivisions in Deerfield Beach.

“Veleiros will combine best-in-class luxury with value to deliver the finest that South Florida living has to offer,” said Dan Grosswald, Lennar Palm Atlantic Division President. “The community has received unprecedented local support for helping to provide a variety of exceptional new housing options, and for the boost it will offer the area’s economy when it comes to job creation and attracting a range of businesses.”

Veleiros will feature one- and two-story single-family and townhome designs with three- to four-bedrooms, two- to three-bathrooms and attached garages, and offer a wide variety of popular Coastal styles.

Residents can enjoy access to a vast number of established and upcoming resort-style amenities. This family-friendly community is also close to beaches, shopping and dining, and is conveniently located between major thoroughfares I-95 and Florida’s Turnpike in Broward County for easy access to everything South Florida has to offer.

All of the homes in Veleiros will be filled with premium features and finishes, including stainless steel appliances, wood-finish cabinetry, granite countertops, oversized ceramic tile flooring, and Lennar’s home automation platform as part of its popular Everything’s Included® package.

Veleiros is also one of the Lennar communities in the market with the homebuilder’s new Wi-Fi CERTIFIED™ Connected Home Designs with Amazon. These cutting-edge homes keep owners connected to the most desirable tech devices, which are all included with their new home purchase.

Veleiros is located on the corners of Military and Sample Road, in Deerfield Beach, FL. More information is available by 833-225-0045 or visiting http://www.lennarpalmatlantic.com/lp/veleiros-coming-soon/

About Lennar Palm Atlantic

Lennar’s Palm Atlantic division builds homes in the most desirable cities on the Treasure Coast, across The Palm Beaches and in Broward County. New Lennar communities now selling on-site with top class amenities for the best possible value include: Bent Creek, a vibrant resort-style community in Fort Pierce the “Sunrise City”; Copper Creek, combining luxury and leisure in family-friendly Port St. Lucie; Millstone Landing, offering family fun amenities and carefree living in Vero Beach; and Verona Trace, an unforgettable enclave of lovely single-family homes and townhomes in Vero Beach. To learn more, visit: http://www.lennarpalmatlantic.com.

About Lennar

Lennar Corporation, founded in 1954, is one of the nation's largest builders of quality homes for all generations. The Company builds affordable, move-up and retirement homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of the Company's homes and others. Lennar's Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about the Company may be obtained at the "Investor Relations" section of the Company's website, http://www.lennar.com.

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Michele Anapol
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