A West Palm Beach front board turned down Linked Group’s rezoning proposal that would have allowed the Pérez family’s enhancement agency to establish a 25-tale waterfront rental tower.
The city’s preparing board voted to advocate that the fee deny the developer’s ask for to rezone the home to residential planned advancement and deny a established of waivers the Miami-based mostly firm is trying to get. Board member Patrick Mayfield, who manufactured the movement, stated the proposal did not comply with city’s land progress laws.
Related, led by condo king Jorge Pérez and his sons, Jon Paul and Nick Pérez, obtained the two single-loved ones residences at 4906 North Flagler Travel in the summer time of 2022 for $16 million. Linked is proposing an improve in density, peak and setback alterations that would make it possible for for a 46-unit condominium setting up with a two-tale parking garage and a rooftop amenity deck.
It would be branded an Apogee setting up. Related’s Apogee in South Seaside was built in 2008.
The 1.5-acre residence, some of which incorporates submerged land, is adjacent to one-spouse and children homes to the north and the non-public Flotilla Club to the south. Related’s lawyer, Brian Seymour of Gunster, reported the developer must get very similar allowances that ended up provided to Alba Palm Seaside, a luxurious rental project that BGI Funds is building a number of parcels south.
“We’re just adhering to alongside with what Alba did,” Seymour reported, pointing to BGI securing acceptance for an further 11 models by employing submerged land in its calculation. “We’re inquiring to be addressed the very same tonight,” relating to density.
City staff reported that BGI should only have been permitted to establish 44 units.
“That was a blunder on the city’s behalf, staff’s behalf,” claimed town planner Kevie Defranc.
Board customers reported they were involved with the project’s height and setbacks.
But Related’s challenge is not dead in the drinking water. The firm would likely go right before the metropolis commission next with an amended proposal.
“The applicant can characterize to the metropolis fee that there is some variation of this project we see likely ahead, but not the one particular we see today,” mentioned board chairman Steven Mayans.
A range of new condo initiatives are prepared along and in close proximity to the waterfront in West Palm Seashore, which overlooks Palm Seaside island. Jeff Greene ideas a 152-device rental job close to Currie Park that could include a pair of 350-foot tall properties at 2175 and 2251 North Flagler Generate.
New York Town-primarily based Savanna designs a 26-story condominium named Olara at 1919 North Flagler Drive. The waterfront venture will have 275 units.
Linked Providers, the New York advancement company led by Steve Ross, is investing greatly in downtown West Palm Beach’s industrial corridor. Ross, who previously was a minority investor in Associated Team, introduced income of a two-tower apartment project named South Flagler Dwelling at 1355 South Flagler Push in November.
