Developer wants high-wage jobs on Jupiter land

Miami /
Jul.July 10, 2016 01:33 PM

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


Related Articles

arrow_forward_ios
Toll Brothers chairman and CEO Douglas C. Yearley, Jr. with Jupiter Country Club (Toll, Facebook via Jupiter Country Club)
Toll Brothers faces lawsuits over alleged construction defects at Jupiter Country Club
Toll Brothers faces lawsuits over alleged construction defects at Jupiter Country Club
Mike Odrich and Steven B. Fader with 113 Spinnaker Lane, Jupiter (Google Maps)
Real estate and private equity investor sells waterfront home in Jupiter for $8M
Real estate and private equity investor sells waterfront home in Jupiter for $8M
Johnny Gray and 176 Spyglass Lane in Jupiter (NHRA, Pelican Pix)
Racing team owner sells waterfront Jupiter mansion for $24M
Racing team owner sells waterfront Jupiter mansion for $24M
Value Store It President Carlos Diaz with the two properties (Diaz)
Value Store It buys two Palm Beach County properties for $35M
Value Store It buys two Palm Beach County properties for $35M
Nick Mastroianni II sold the property back to the sellers at a small profit (Google Maps, Nicholas Mastroianni)
Seller’s remorse: Nick Mastroianni returns Jupiter mansion
Seller’s remorse: Nick Mastroianni returns Jupiter mansion
150 Bears Club Drive, Jupiter (Google Maps)
Real estate developer buys Bear’s Club mansion in Jupiter for record $11M
Real estate developer buys Bear’s Club mansion in Jupiter for record $11M
Lance Cawley and 316 West Riverside Drive, Jupiter (Ferrari, Google Maps)
Ferrari racer buys riverfront home in Jupiter for $6M
Ferrari racer buys riverfront home in Jupiter for $6M
Nick Mastroianni II and 19681 Loxahatchee River Road (VHT Studios)
EB-5 chief Nick Mastroianni buys waterfront home in Jupiter
EB-5 chief Nick Mastroianni buys waterfront home in Jupiter
arrow_forward_ios

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

Loading...