Kimco says its development was targeted by Palm Beach Gardens zoning changes

TRD MIAMI /
Apr.April 09, 2012 02:15 PM

Kimco Realty is accusing Palm Beach Gardens of changing zoning laws with the specific intention of hindering its plans to bring a BJ’s Wholesale Club to the city. The Palm Beach Post reported that the city council voted to cap the total size of individual retail stores in the PGA corridor at 40,000 square feet. Kimco has been pushing to build a two-story 80,000-square-foot BJ’s Wholesale Club in Loehmann’s Plaza, a 12-acre parcel of storefronts at the corner of Interstate 95 and PGA Boulevard. The plan also called for an additional 90,000 square feet of new retail buildings to replace the existing structures.

Kimco’s lawyers allege the city waited to see the developer’s proposal before recommending changes perfectly tailored to exclude their plan. But city officials say they warned Kimco of the possible changes as it works to minimize the infiltration of big box chain stores.

Kimco, which has a lease agreement with the wholesale store, had already altered its plans to fit into the area’s zoning regulations, which currently allow for an 80,000-square-foot store provided its built across two stories. The proposed BJ’s would be smaller than the typical 100,000-square-foot stores and be the only one with a second floor. [Palm Beach Post]


Related Articles

arrow_forward_ios
The health conscious grocer Earth Fare will close its stores

Earth Fare will close South Florida stores

Louis Oosthuizen and 12230 Tillinghast Circle (Credit: Getty Images and Realtor)

Pro golfer Louis Oosthuizen sells Palm Beach Gardens home

Anchor Health Properties CEO Ben Ochs and 3401 PGA Boulevard (Credit: Google Maps)

Anchor Health pays $24M for medical office building

The property at 3101 PGA Boulevard (Credit: Google Maps)

Sears sues landlord and city over blocked sublease at Palm Beach Gardens mall

Ken Endelson and a rendering of Avenir

Kenco buys 40 lots in Avenir

Greg Silvers CEO of EPR Properties and Franklin Academy at 5651 Hood Road

Missouri investor sells Palm Beach Gardens charter school

Peter Ricker and 900 Village Square Crossing

MB Real Estate scores Palm Beach Gardens office building

4290 Professional Center Drive (Credit: Google Maps)

Showroom and office building sell for $10M in Palm Beach Gardens

arrow_forward_ios
Loading...