Inside Kolter's $117M Bet on Avenir: Community Expansion
The Delray Beach builder just added another $25.6 million to its Avenir position, pushing total investment past $117 million across roughly 1,000 lots in Palm Beach Gardens' largest master plan.
- Kolter paid $25.6 million for 222 homesites across two August 2026 transactions.
- Total Kolter investment at Avenir now exceeds $117 million for approximately 1,000 lots.
- Avenir is planned for 3,900 homes, 400,000 SF of retail, 1.8 million SF of office, and a 300-key hotel.
Kolter's purchase of 222 more homesites at Avenir is a strong signal that Palm Beach Gardens' largest master-planned community is working. Builders are coming back for more lots because homes are selling, infrastructure is arriving, and the resale market is already active. With…
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