Palm Beach County to consider project with 456 units and 163,000 square feet for commercial use.
Thursday Apr 06th, 2017
A mixed-use project in west Boca Raton would have apartments, retail, restaurants and a theater.
The Palm Beach County Zoning Commission will consider the application of Glades 95th LLC, an affiliate of Deerfield Beach-based Rosemurgy Properties, Giles Capital Group and Schmier & Feurring Properties, on April 6. The company has the 38-acre agricultural site at the southwest corner of Glades Road and 95th Avenue South under contract from multiple owners.
The county approved a land use plan amendment in October to rezone the site to mixed use with high density residential and commercial. The site plan provides more details of how that would take shape. The 19.06-acre commercial portion of the site would have seven buildings totaling 163,431 square feet, including an indoor theater of 36,000 square feet, general retail of 72,623 square feet, two drive-thru restaurants with a combined 9,164 square feet, and three more restaurants of 19,400 square feet. There would also be a 133,056-square-foot parking garage.
The 18.2-acre residential site would have 456 units for a combined 666,675 square feet plus a 112,559-square-foot parking garage. The entire site would have 1,955 parking spaces between the garages and surface lots. Wantman Group represented the developer in the application. Rosemurgy Properties couldn’t immediately be reached for comment.
Also on the Zoning Commission agenda, the plan to build 1,030 homes and 224,000 square feet of commercial and civic space on the 1,288-acre Delray Linton Groves could take another step forward. The plan already made it through the county commission once and is scheduled for a final adoption hearing on April 26.
The property in the Acreage area west of Palm Beach Gardens is owned by Iota Carol LLC, an affiliate of Newport Beach, California-based Sabal Financial Group with co-investments from Oaktree Capital Management and the Federal Deposit Insurance Corp. The property was seized in foreclosure through a failed bank.
About 50 percent of the Delray Linton Groves would be open space. It’s currently farmland.