Lennar Joins $68 Million Construction Project in Coconut Creek

Published: November 10th, 2025 | Updated: June 10th, 2026

Lennar has joined a new residential development in Coconut Creek following a $68 million land deal. The project, called Mainstreet at Coconut Creek, covers 170 acres and includes plans for housing, retail space, and preserved green areas. This construction project in Coconut Creek is one of the larger mixed-use developments currently planned in Broward County real estate projects.

A Historic Land Deal in Coconut Creek

The deal began when Johns Family Partners sold their farmland, located between Wiles Road, Lyons Road, Sample Road, and State Road 7, for a combined $68 million. The buyers, a joint venture known as GSR RE Partners, include Rosemurgy Properties, 13th Floor Homes, Schmier Property Group, and Giles Capital Group.

Shortly after acquiring the site, GSR sold a large portion to Domain Real Estate Partners, a land bank acting on behalf of Lennar, one of the country's top homebuilders. Lennar paid $40.4 million for land slated for townhomes, villas, condos, and a shared clubhouse. They will also pay GSR a fee for every home sold in the new community, according to recent articles.

What's Coming to Mainstreet at Coconut Creek?

The construction project in Coconut Creek will include 1,650 residential units and 225,000 square feet of commercial space. Lennar is set to build 414 townhomes, 148 villas, 296 condos, and a shared clubhouse for residents. GSR RE Partners retained land for 792 apartments and all retail components, including an 80,000-square-foot grocery-anchored shopping plaza.

The development also features a 14-acre wetland preserve and more than six miles of biking and jogging trails, offering a mix of housing, shopping, and green space that supports the growing demand for walkable, mixed-use communities in South Florida.

Aerial rendering of Mainstreet at Coconut Creek's central park area with landscaped green spaces

Development Snapshot: Mainstreet at Coconut Creek

Total Site: 170 acres (former Johns Family Farm)
Total Residential Units: 1,650
Apartments (GSR RE Partners): 792
Townhomes (Lennar): 414
Villas (Lennar): 148
Condos (Lennar): 296
Commercial Space: 225,000 sq ft total
Grocery-Anchored Retail: 80,000 sq ft plaza
Green Space: 14-acre wetland preserve
Trails: 6+ miles of biking and jogging paths
Civic Amenities: Village Green, splash pad, dog park, performance space, public art
Green Building: All buildings must meet U.S. Green Building Council or Florida Green Building Coalition certification
Projected Buildout Value: $1 billion+
District Developers: Rosemurgy Properties, 13th Floor Homes, Schmier Property Group, Giles Capital Group
For-Sale Home Builder: Lennar (via Domain Real Estate Partners)
Land Acquisition: $68 million total ($40.4M Lennar portion)
Construction Financing: $18.9M loan, CIBC Bank USA
Current Status: Permits filed, groundbreaking imminent (as of early 2026)

Why Mainstreet Matters to Coconut Creek

Mainstreet at Coconut Creek isn't just another neighborhood. It's one of the largest developments in Broward County real estate, located in a high-growth corridor surrounded by schools, parks, shopping centers, and major roadways.

The land, originally farmed by the Johns family since 1921, will now support a modern, sustainable city center that preserves natural areas while meeting the city's housing and commercial needs. Developers also executed a land swap with the city to make the layout more compact and functional.

All buildings within Mainstreet must meet green certification standards through the U.S. Green Building Council or the Florida Green Building Coalition. Coconut Creek aims to become the first city in the country with a contiguous certified green building project, a designation that sets this development apart from any comparable mixed-use project currently underway in South Florida.

Project Timeline and Current Status

Construction of the first homes was originally targeted for late 2025. As of early 2026, all permits have been filed and the project is preparing to break ground. Mayor Jackie Railey confirmed the city is optimistic about the progress, noting that early infrastructure work is getting ready to begin and that development applications across most blocks are nearing completion.

Several block site plans have already received commission approval, allowing the developer to move forward with preliminary permits. One section, known as Block 10, is still awaiting a final concept plan before going to the commission for review. With a projected buildout value exceeding $1 billion, the project will take shape over the next several years. Each completed phase will add new homes and amenities for residents of Coconut Creek and beyond.

As one of the few remaining large-scale land parcels in Broward County, this site is seen as a rare opportunity to shape the city's future.

Waterfront residential buildings at Mainstreet at Coconut Creek with palm trees

FAQs About the Construction Project in Coconut Creek

What is Mainstreet at Coconut Creek?

Mainstreet at Coconut Creek is a 170-acre mixed-use development in Coconut Creek, Florida. The project includes 1,650 residential units and 225,000 square feet of commercial space. It is one of the largest planned developments in Broward County.

Who is building the homes at Mainstreet at Coconut Creek?

Lennar, a nationally recognized homebuilder, is responsible for constructing the townhomes, villas, condos, and a shared clubhouse. GSR RE Partners, the original land purchaser, will develop the apartment buildings and manage the commercial and retail portions of the project.

When will construction start at Mainstreet at Coconut Creek?

As of early 2026, all permits for Mainstreet at Coconut Creek have been filed and groundbreaking is imminent. Mayor Jackie Railey confirmed the city is optimistic about the progress and that early infrastructure work is preparing to begin. Development will occur in phases, with residential units and commercial spaces opening over time.

What types of homes will be available in the community?

The residential portion includes 414 townhomes, 148 villas, and 296 condos built by Lennar, along with 792 rental apartments retained by GSR RE Partners.

Where is the Mainstreet at Coconut Creek development located?

The project site is located in central Coconut Creek, bordered by Lyons Road to the east, Wiles Road to the north, Sample Road to the south, and State Road 7 to the west.

What amenities will Mainstreet at Coconut Creek offer?

The development will feature an 80,000-square-foot grocery-anchored retail plaza, a shared clubhouse, a 14-acre wetland preserve, and over six miles of biking and jogging trails. Four civic blocks will include a Village Green with children's play areas, a splash pad, a dog park, a performance space, and public art. All buildings must meet green certification standards, supporting the city's goal of becoming the first in the country with a contiguous certified green building project.

Work With a Trusted Coconut Creek Real Estate Agent

This construction project in Coconut Creek may create more housing opportunities in a market where new land is limited. The variety of housing types, townhomes, condos, and villas, will appeal to different buyers. Lennar Coconut Creek properties are expected to offer a range of options for buyers seeking modern housing in a well-connected part of the city.

The Mastropieri Group, Realtors are here to help you make informed decisions in a growing market. Call us today at (561) 544-7000 to learn more about upcoming listings and investment options.