The Real Deal Miami

Jupiter approves 142-unit development in Abacoa

February 09, 2012 04:30PM

Abacoa development site (Google Maps)

A long-planned live/work community in Abacoa got approval this week to be constructed as a traditional residential development, the Palm Beach Post reported.

Eastwind Development originally obtained approval in 2008 for 24 units where professionals like architects and lawyers would live on the second floor and work on the first floor.

But because financing for that housing stock was “impossible to acquire,” according to the developers, they pitched a new plan for 22 three-story rental townhouses, 120 single-story apartments with rents ranging from $1,200 to $1,600 and 34,000 square feet of commercial and office space.

The plan, set to be built off Central Boulevard and Dakota Drive, has garnered some opposition from local residents, especially for the inclusion of a 16-pump gas station. [Palm Beach Post]