A controversial Boynton Beach property is back in play after languishing for nearly a decade.
Developers are putting together design submissions for the 4.3-acre site known as Ocean Breeze East within the Heart of Boynton district. The top three proposed projects are slated to be shown to Community Redevelopment Agency board members in August. Ocean Breeze has sat vacant since shortly after Hurricane Wilma in 2005, when the Boynton Terrace Apartments were demolished.
Boynton Mayor Jerry Taylor interrogated agency members back in 2007, when it acquired the Ocean Breeze property and another four acres to the west from former agency Chairman Larry Finkelstein for $7 million. Finklestein never disclosed the price he paid for the land, according to the Palm Beach Post. The property is now valued at a mere $280,826.
“It’s a long time coming,” Taylor said. “I can’t wait to get it developed.” [Palm Beach Post] — Eric Kalis