Developers win first hurdle for mixed-use project on agricultural land in West Boca

Miami /
Apr.April 27, 2017 03:45 PM

Developers of a planned mixed-use project on one of the last pieces of agricultural land in Palm Beach County just moved a step closer toward building the project.

The Palm Beach County Commission on Wednesday approved a multiple land-use amendment for the Johns Glades West property. Schmier & Fuerring Properties, Giles Capital Group and Rosemurgy Properties want to develop the 38-acre property, at 95th Avenue and Glades Road just east of State Road 7 and west of Boca Raton, into a mix of apartments, restaurant and retail space.

According to the county’s approval, the developers, who declined to comment, could potentially build 304 apartments and about 165,000 square feet of commercial and/or retail space in the as yet unnamed development.

But that number is raised to 456 units with a bonus density. All multifamily developers in unincorporated Palm Beach County are required to build workforce housing, and since the developers plan to build 25 percent of the apartments as working housing — more than required — they are entitled to a bonus density of 50 percent. That translates into an additional 152 units.

The multiple land-use amendment was approved with certain conditions, such as an agreement to limit the bulk of potential traffic to off-peak hours, a feat to be accomplished by an emphasis on entertainment and restaurant venues that would attract more traffic at night than during the day.

The next step is a rezoning hearing on May 25. The land is currently zoned for agriculture with a future land-use designation of low-rise residential (three units per acre). The developers are requesting to change the zoning to higher density residential (eight dwelling units per acre) and commercial.


Related Articles

arrow_forward_ios
12428 Cypress Island Way (Google Maps, Getty)
Private equity boss buys Wellington spec mansion for $10M
Private equity boss buys Wellington spec mansion for $10M
South Florida
Home sales fall over 20% in August across South Florida
Home sales fall over 20% in August across South Florida
Fischer & Co's Cliff Fischer with 100 Royal Palm Way PH-1
Cliff Fischer buys oceanfront Palm Beach penthouse for $15M
Cliff Fischer buys oceanfront Palm Beach penthouse for $15M
Babak Ebrahimzadeh with The Contemporay
Babak Ebrahimzadeh proposes West Palm office project
Babak Ebrahimzadeh proposes West Palm office project
Starwood’s Barry Sternlicht with 5060 Seminole Pratt Whitney Road
Starwood checks out of Westlake shopping center for $20M
Starwood checks out of Westlake shopping center for $20M
 Related Companies' Stephen Ross and a rendering of 515 Fern (Getty, Red Leaf NY)
Stephen Ross bets on West Palm office development — again
Stephen Ross bets on West Palm office development — again
Bourn's Andrew Bourns with 15173 and 15134 Natures Point Lane (Bourns Sport Horses, Getty, Google Maps)
Irish jumper sells Wellington equestrian estate for $14M
Irish jumper sells Wellington equestrian estate for $14M
American Landmark CEO Joe Lubeck and the High Ridge Landing apartment complex at 3609 High Ridge Way in Boynton Beach (American Landmark, Google Maps)
American Landmark sells Boynton Beach apartments for $71M
American Landmark sells Boynton Beach apartments for $71M
arrow_forward_ios

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

Loading...