The Real Deal Miami

Developer wants high-wage jobs on Jupiter land

The 58.5 acres is permitted for non-residential uses ranging from day care to light manufacturing

July 10, 2016 01:33PM

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The 58.5-acre tract in Jupiter that an arm of FLF Management bought

The 58.5-acre tract in Jupiter that an arm of FLF Management bought

Community concern about increased traffic is a likely hurdle for the developer that intends to build on 58.5 acres in Jupiter near Interstate 95.

The developer is FLF Management, a partnership of Jupiter-based FLF Holdings, headed by Josh Simon, and Schaumburg, Illinois-based Crossroads Development Partners.

FLF recently paid $11 million for the vacant 58.5-acre tract, where permitted uses run the gamut from clinical research, warehousing and light manufacturing to hotels, restaurants and day care. Residential development is not permitted.

Simon told the Palm Beach Post that “high-paying, high-tech jobs in aerospace and engineering are what we want to attract. This is a chance to bring high-quality companies to Jupiter.”

The land is east of I-95 and north of Indiantown Road on Island Way.

Jupiter resident Teri Grooms told the Post she opposes the development of hotel rooms and restaurants there: “We have enough of those on Indiantown Road. Traffic is already crazy enough.”

Jupiter City Councilman Wayne Posner told the newspaper that resistance to development has spread in Jupiter, where residents are wary of traffic associated with such major real estate projects as Harbourside Place, Love Street and Suni Sands. [Palm Beach Post] — Mike Seemuth