Glen Ridge
Glen Ridge, FL · Real Estate
wflx.com
The Palm Beach Post
Developer pitches new plan for Wells Fargo bank site in Palm Beach
A real estate developer with deep roots in Palm Beach is eyeing a new project on the landmarked Wells Fargo bank property in Midtown, where previous proposals stirred concerns about how much development is too much. John Kean and his Kean Development Co. on Oct. 14 pitched his initial redevelopment concept for the multi-acre property on the northeast corner of South County Road and Royal Palm Way to the Town Council. The council was sitting as the development-review committee, and Kean's presentation was informal, with no items up for a vote. The council provided mixed feedback, with some members sharing concerns that any rezoning could open the door to higher density than Kean has proposed. Others said Kean's plans were a palatable option for the property, but they would like to see something more in the spirit of Phipps Plaza, the landmarked enclave across the street. "I'm rather torn on this, because I'm attracted to the deletion of additional commercial uses in our already-overcrowded Midtown area, but I also need to hear from the residents that back up on Seaview (Avenue)," Council President Ted Cooney said. Kean's company is under contract to purchase the property he would need for the
Survival World
floridayimby.com
Miami-Based Developer Proposes 103-Unit Apartment Complex for Golf Course Boulevard and Jann Avenue, Opa-Locka, Florida
Miami-based Abreu Development LLC is proceeding with an apartment complex in nearby Opa-Locka. The unnamed development would measure seven stories above grade, requiring just over 103,000 square feet of new construction. Plans call for 103 apartments: 45 one-bedroom units, 53 two-bedroom units, and five three-story units. Amenities would include 159 parking spots (averaging to about 1.54 per unit) and a fitness center. Unlike many apartments in the area, there would not be a swimming pool.
connectcre.com
BGO, Banner Acquire 160K-SF Opa-Locka Cold Storage Facility
BGO and Banner Property Group acquired 12345 NW 38th Avenue in Opa-Locka, Florida, an existing, approximately 160,000-square-foot cold storage facility within the North Miami submarket. Realterm Logistics was the seller. It paid $26 million for the property in 2020. The property is fully leased to Quirch Foods. JLL advised seller and arranged acquisition financing for the transaction.
hometownnewstc.com
speedboat.com
Boca Daily News
Boca Raton Planning Board Approves Expansion of 12-Story ‘Mr. C’ Building Downtown
Boca Raton’s planning board voted 7-0 on Thursday to approve an expansion plan for the “Mr. C” Residences, a 12-story condominium tower that would lose 57 units from its 2023 approval but gain a ground-floor restaurant, a taller roofline and a parking garage that relies on valet-operated mechanical lifts. The changes still need approval from […]
epodcastnetwork.com
Renting Out Your Home in Jupiter, FL: A First-Time Landlord’s Checklist
Turning your Jupiter home into a rental starts long before you publish a listing. A house that worked well for your household may need repairs and different insurance coverage, along with a clearer maintenance plan before someone else moves in. Association restrictions and the property’s location can also affect which rental arrangements are possible.
floridayimby.com
Eight-Story ‘Park Tower at Broken Sound’ Set for 2027 Groundbreaking at 1095 Broken Sound Pkwy NW, Boca Raton, FL
On October 13, the Boca Raton City Council approved plans for a mid-rise luxury residential endeavor named “Park Tower at Broken Sound.”. The eight-story project will yield 97 residences and host just over 185,000 square feet of new construction. Floorplans will include two-bedroom and three-bedroom apartments, with the average unit hovering around 1,470 square feet. Of the 97 residences, 10 would be for households earning at or below 120 percent of the area median income (AMI).
Palm Beach Daily News
Forté Luxe waterfront community set to open near Jupiter in December
A luxury waterfront community is coming to the Jupiter area in a location that once belonged to the U.S. Air Force. In the 1940s, the peninsula-shaped property on the Intracoastal Waterway, in Martin County just north of the Tequesta border, was used to land military seaplanes. Since then, many have tried again and again to buy the parcel and get it permitted for development — but no one was able to do it until Marius Fortelni entered the scene. Now, the Forté Luxe community at 12450 Crystal Cove Place, once completed, will feature 15 multilevel waterfront condominiums and private boat docks. Each condo includes private garages, interior elevators, designer kitchens, outdoor terraces with gas grills and more. Prices range from $3.98 million to $8 million. Fortelni has more than 40 years of international real estate development, spanning from Saudi Arabia to New York — Manhattan and the Hamptons, specifically. In 2016 he made the move south to Palm Beach County, and construction on his new community is set to finish by December. "It's truly one of the most beautiful spots anywhere. There's nothing like this in California or anywhere else," Fortelni said. "You have blue water like the Bahamas. You