Wellington developers reach compromise with locals

Deal finally struck, clearing the way for a new apartment building behind the Shops at Isla Verde

TRD MIAMI /
Aug.August 14, 2014 05:15 PM

Wellington village officials and locals have come to an agreement with a developer over a planned luxury apartment project behind the Isla Verde shopping center off State Road 7.

When the apartment plan was first pitched to the village planning board three months ago, it was panned, according to the Palm Beach Post. But this week, the Wellington Village Council voted in favor of the development.

The change is the result of a compromise between Isla Verde developers and nearby homeowners in Whippoorwill Estates and Stonehaven Estates.

“No one was more opposed to this project than me,” Jay French, a resident representing the Whippoorwill community, told the council Tuesday. “Had the project not changed as much as it did, I would not be here supporting it tonight.”

The developer was hoping to build 360 three-story, for-rent apartments. The new deal calls for 350 apartments and increases the complex’s buffer with the neighboring subdivisions. [PBP]Christopher Cameron


Related Articles

arrow_forward_ios
Neil Hirsch and Coach House (Getty)

Saddle up: Sales launch at Wellington luxury condo development aimed at polo players

Saddle up: Sales launch at Wellington luxury condo development aimed at polo players
Richard Roeder of Vance Street and 15130 Sunny Island Lane (Credit: Realtor)

Private equity exec buys Wellington equestrian estate for $12M

Private equity exec buys Wellington equestrian estate for $12M
Gables Town Colony apartment complex, Sue Ansel of Gables Residential

Gables Residential scores $85M loan for Boca Raton apartment complex

Gables Residential scores $85M loan for Boca Raton apartment complex
Weingarten Realty Investors Andrew M. Alexander and Village Green Center at 2803 South State Road (Credit: Google Maps)

Weingarten Realty pays $36M for Wellington shopping center

Weingarten Realty pays $36M for Wellington shopping center
Andreas Helgstrand and 13560 Indian Mound Road (Credit: Facebook, Relator, and iStock)

Helgstrand Dressage buys 80-acre Wellington equestrian estate

Helgstrand Dressage buys 80-acre Wellington equestrian estate
Glenn Straub (Credit: iStock)

Wellington developer Glenn Straub charged with larceny

Wellington developer Glenn Straub charged with larceny
David MacNeil, and 13700 Quarter Horse Trail, Wellington

WeatherTech founder buys Wellington estate for $23M

WeatherTech founder buys Wellington estate for $23M
Broadstone City Center with Alliance Residential’s Bruce Ward and Nuveen CEO Jose Minaya

Nuveen pays $103M for West Palm luxury apartments

Nuveen pays $103M for West Palm luxury apartments
arrow_forward_ios

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

Loading...