The Real Deal Miami

Lantana waterfront property slated for redevelopment

Most recent plan includes 244 residential units

November 26, 2014 04:10PM

  • Print
Lantana town council

Lantana town council

A 10-acre waterfront property in Lantana is being redeveloped as the Aura Seaside residential/commercial community.

Developers Gerald Goray and Trinsic Acquisition Co. initially proposed 319 residential units in two five-story buildings on the property at 1400 S. Dixie Highway, according to reports. 

The plan was recently scaled back to 244 units, according to the Palm Beach Post. On the north side of the development, a two-story, 9,000-square-foot commercial building will face Dixie Highway.

For more than 50 years, the property was home to Catholic community Cenacle Sisters. The Palm Beach Post reports that the path for Aura Seaside’s approval included the town council granting variances to reduce the amount of required parking spaces. In August, the council gave final approval on zoning/comprehensive plan changes from commercial low density to waterfront mixed use. During a Monday meeting to approve the newest site plan, the council rejected four other variances requested by the developers.

Council members also debated the relocation of a parking lot and the property’s scheduled closing date of Jan 12. Because the property would be assessed for taxes on Jan. 1 as Cenacle, the town wouldn’t receive tax money, which led to Mayor David Stewart voting against the project. [Palm Beach Post]Chris Guanche

MENU