Large Boynton Beach project moves forward

Miami /
May.May 28, 2014 12:45 PM

The developer of a large mixed-use project proposed in Boynton Beach cleared an initial governmental hurdle on Tuesday night.

Boynton’s Planning and Development Board gave the go-ahead for the planned 500 Ocean, which would include 341 luxury rental apartments, restaurants, offices and retail space. Altamonte Springs-based LeCesse Development Corp. wants to construct 500 Ocean on 4.7 acres at Ocean Avenue and Federal Highway. The developer must also get approvals from Boynton’s Community Redevelopment Agency and city commissioners.

The 500 Ocean land was once the site of a proposed development called The Arches. In 2003, the $105 million project was proposed with 378 condos and nearly 41,000 square feet of retail space, according to the Palm Beach Post. Two site plan extensions were given in 2006 and 2007, but a third request was denied in 2008.

If approved, 500 Ocean would have a main six-story building with most of the apartments, a separate building with retail and office space and a seven-story parking garage with up to 664 spaces. [Palm Beach Post]Eric Kalis


Related Articles

arrow_forward_ios
An aerial of the Mainstreet at Boynton with Banyan Development principal Jason Sher and Pebb Enterprises CEO Ian Weiner (LinkedIn, Pebb Enterprises, Aerial via Andy Traficante – Atlantic Aerial Imaging)
Pebb, Banyan sell Wawa-leased building at Mainstreet at Boynton
Pebb, Banyan sell Wawa-leased building at Mainstreet at Boynton
Waterton co-founder, Chairman and CEO David Schwartz and Verona at Boynton Beach apartment complex at 1575 Southwest Eighth Street in Boynton Beach (Verona at Boynton Beach Apartments, LinkedIn)
Waterton doubles down on South Florida, buys Boynton Beach apartment complex for $80M
Waterton doubles down on South Florida, buys Boynton Beach apartment complex for $80M
Cube's Ben Mandell, Scott Sherman and Alex Karakhanian (iStock, Google Maps, Cube)
Lease roundup: Blockchain.com opening HQ on two floors at Cube Wynwd in Miami
Lease roundup: Blockchain.com opening HQ on two floors at Cube Wynwd in Miami
Renderings of the Mainstreet at Boynton Beach mixed-use project with Pebb Enterprises’ President and CEO Ian Weiner (Pebb Enterprises)
Pebb, Banyan sell outparcel at Sprouts-anchored Boynton Beach project
Pebb, Banyan sell outparcel at Sprouts-anchored Boynton Beach project
Banking on Boynton Beach: Nuveen drops $126M for apartment complex
Banking on Boynton Beach: Nuveen drops $126M for apartment complex
Banking on Boynton Beach: Nuveen drops $126M for apartment complex
ShareMD scores again in Boynton Beach, acquiring medical offices for $38M
ShareMD scores again in Boynton Beach, acquiring medical offices for $38M
ShareMD scores again in Boynton Beach, acquiring medical offices for $38M
The Fountains of Boynton shopping plaza with Union Investment’s Matthew Scholl (Google Maps, Union Investment)
German investor buys Publix-anchored Boynton Beach retail plaza for $80M
German investor buys Publix-anchored Boynton Beach retail plaza for $80M
Boynton Beach approves 236-unit apartment project with 118 workforce units downtown
Boynton Beach approves 236-unit apartment project with 118 workforce units downtown
Boynton Beach approves 236-unit apartment project with 118 workforce units downtown
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...