West Palm gives final approval for contentious business district

Related Cos. wants to build a 25-story office tower in what was a 5-story zone

Miami /
Aug.August 14, 2018 04:30 PM

Rendering of Related’s office building and Mayor Jeri Muoio

The West Palm Beach City Commission approved the controversial Okeechobee Business District on Monday evening, paving the way for the Related Companies’ plan for a luxury office tower in the neighborhood.

The commission gave its final OK after a year-and-a-half of public hearings and debates, including a vote last September that nearly killed the district, according to the Palm Beach Post.  Mayor Jeri Muoio supported the plan, claiming that it would limit what could be built on a desirable downtown site owned by the community redevelopment agency.

Related wants to build a 25-story in what was a five-story zone at Flagler Drive and Okeechobee Boulevard along the Intracoastal Waterway.

Since the Okeechobee plan was voted down in September, two new commissioners were elected. The commission gave its final stamp of approval on Monday, despite the Florida Department of Transportation, Palm Beach and Palm Beach County recommending the city wait for a state traffic study on the zoning change’s potential impact.[Palm Beach Post] – Katherine Kallergis


Related Articles

arrow_forward_ios
Phillips Point office towers with Related’s Stephen Ross (JLL, Getty)
Related Cos. closes on West Palm office towers for $282M
Related Cos. closes on West Palm office towers for $282M
(iStock)
South Florida resi sales jump in Q4: Elliman
South Florida resi sales jump in Q4: Elliman
303 Banyan Boulevard, West Palm Beach (Google Maps)
Woodfield buys land, scores $47M construction loan for West Palm multifamily tower
Woodfield buys land, scores $47M construction loan for West Palm multifamily tower
Phillips Point office towers with Related's Stephen Ross (JLL, Getty)
Related Cos. to pay $282M for West Palm Beach office towers
Related Cos. to pay $282M for West Palm Beach office towers
Hyperion Group CEO Rob Vecsler and 350 South Australian Avenue (Google Maps, M18 PR)
West Palm Beach multifamily project advances
West Palm Beach multifamily project advances
Kolleen OP Cobb and 591 Evernia Street (FECI, Google Maps)
New York Life buys Brightline West Palm apartments for $115M
New York Life buys Brightline West Palm apartments for $115M
Pamela Applebaum and The Bristol
Daughter of drugstore mogul sells Bristol condo unit for $16M
Daughter of drugstore mogul sells Bristol condo unit for $16M
Charles Cohen and 2000 S Dixie Hwy, West Palm Beach (Getty, Google Maps)
Charles Cohen’s Carefree Theater redevelopment advances
Charles Cohen’s Carefree Theater redevelopment advances
arrow_forward_ios

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

Loading...