Kimco plans makeover for Palm Beach Gardens shopping center

Plans call for construction of a fitness club, rental apartments and commercial space

TRD MIAMI /
Aug.August 13, 2017 01:30 PM

Palm Beach Gardens Plaza

Kimco Realty plans to redevelop its shopping center in Palm Beach Gardens by building a fitness club, rental apartments and commercial space there.

Kimco’s plan would transform Palm Beach Gardens Plaza, formerly known as Loehmann’s Plaza, a 14-acre property just east of Interstate 95 at the intersection of PGA Boulevard and RCA Boulevard.

The redevelopment plan arose from a lawsuit Kimco filed against the city of Palm Beach Gardens in 2013. Kimco sued after the city rejected its plan to put a BJ’s Wholesale Club at the shopping center.

In January, the city approved a settlement of the lawsuit with terms that require Kimco to submit a formal plan to redevelop the shopping center by December.

Kimco would build a three-story Life Time fitness club, 200 luxury apartments and 25 loft apartments, plus residential parking, retail shops, restaurants and office space. Kimco is a real estate investment trust based in New York. [Palm Beach Post] Mike Seemuth


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

2965 West Corporate Lakes Boulevard and Black Creek Group CEO Raj Dhanda (Credit: Google Maps, Blue Vault)

TIAA sells Weston warehouse for $33M

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

arrow_forward_ios
Loading...