Toll Brothers, one of the nation’s largest home builders, wants to build condos in Miami, and is looking for development property.
Executives of the Pennsylvania-based company said on a conference call yesterday that they have been searching for land in Miami to expand their urban development division known as City Living.
The majority of Toll’s urban projects are in New York City, but the company has been looking elsewhere for expansion. In addition to Miami, Pennsylvania-based Toll is looking at sites in Philadelphia, Toronto, Boston and San Francisco.
Toll Brothers had nearly $4 billion in revenue in 2014.