Lennar Scaling Back Lakes by the Bay

MIAMI-Lennar Land Partners is citing new market research and an internal site-plan review in a request to allow a possible reduction in the building density within the Lakes by the Bay mixed-use residential development.

The subsidiary of LNR Property Corp., a spin-off of Miami-based Lennar Corp., also is proposing a reduction in the width of a loop road right-of-way and the total scope of a lake excavation on the site to the southeast of Southwest 97th Avenue and Southwest 216th Street.

While some reduction in building density is being proposed, Doyle Dudley, Lennar Corp. land division president, tells GlobeSt.com the request for modifications on the existing site master plan is an “unremarkable” step aimed at giving the company more administrative efficiency over the ongoing development of Lakes by the Bay.