Cohen proposes smaller redevelopment of Carefree Theatre in West Palm Beach
The developer's current proposal calls for 58 apartments instead of 90 and a movie theater complex with 600 seats, down from 800
Developer Charles Cohen proposed a downsized redevelopment of the Carefree Theatre site on South Dixie Highway in West Palm Beach.
Cohen proposed the development of 58 apartments, down from 90, and a complex of movie theaters with 600 seats, down from 800.
His proposal calls for construction of two four-story apartment buildings, one with 32 units and the other with 26.
Unchanged from his previously proposed project is a plan to build restaurant space and underground parking.
Cohen, a New York developer and a part-time resident of Palm Beach, bought the Carefree Theatre property at 2000 and 2100 South Dixie Highway three years ago for $3 million.
Since then, he has proposed several versions of a redevelopment project that city officials rejected.
The developer’s company, Cohen Brothers Realty Corp., has completed major developments across the nation. [Palm Beach Post] – Mike Seemuth