An accomplished Massachusetts-based real estate developer, Michael Intoccia has successfully completed numerous real estate projects during this career that spans over three decades. For his love of golf, Michael Intoccia has also ventured into redeveloping golf courses, including his recently completed Cape Club of Sharon project with modern amenities. The golf course redevelopment project consists of 52 luxury townhomes with 12 having already been completed.
Golf course redevelopment is gaining popularity as lush, green and upscale golf course neighborhoods are increasingly being considered as suitable sites for redevelopment to include residential facilities. As land to build continuously becomes scarce, many single-family home real estate developers are considering both current and former golf courses as prime sites for redevelopment. The increased interest to have residential units in golf courses arises out of the need to develop more single-family homes in upscale and scenic communities. Target golf courses are underutilized, abandoned and struggling financially and therefore likely experiencing difficulties maintaining the courses.
When properly designed and executed, golf course redevelopments can benefit all the parties involved that is golf course operators, communities and real estate developers. However, golf course assessment for real estate purposes is complex and needs to be supervised by professionals. For instance, an environmental impact assessment should be conducted by experts with technical expertise to ensure the natural ecosystem is not interfered with and an in-depth environmental due diligence is performed including remediation plans before approvals are granted.
Showing posts with label real estate. Show all posts
Showing posts with label real estate. Show all posts
Monday, May 18, 2020
Thursday, August 23, 2018
Ten-Lot Subdivision at Westwood Estates
A successful real estate developer, Michael Intoccia has developed several residential homes throughout Southeast Massachusetts. Michael Intoccia is well-known for emphasizing design and quality when building affordable, luxurious homes and renovating commercial properties. He is currently involved in the residential construction of Westwood Estates.
Westwood Estates is a 10-lot subdivision located in the town of Westwood in Norfolk County, Massachusetts, which has been voted 13th on CNN Money Magazine’s list of 100 Best Places to live in the United States. The road leading to the subdivision has been completed, and the construction of the first of the ten homes is set to begin.
Each of the ten houses will sit on a spacious one-acre lot. The houses will average 4,000-square feet in size and fit four to five bedrooms and three to five bathrooms. All the homes will feature beautifully designed cabinetry, hardwood floors, and kitchen tops with a granite finish. The homes will also feature a three-car garage, which is perfect for families. The selling price of homes will begin at $2 million.
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