No doubt you know that
he has purchased many West Palm Beach properties for about $300MM, plans to
build many new condo developments, and is West Palm Beach’s biggest booster for
additional condo units at all prices and sizes.
One or another will appeal to you!
He recently said,
speaking at the Urban Land Institute in West Palm Beach, that his priority is
One West Palm at 550 North Quadrille Boulevard.
Arquitectonica of Miami has designed the $250MM project which will take
an entire block. Two 30-floor towers are
planned which resemble stacked blocks, an interesting new and contemporary look
for West Palm Beach. We are moving right
along into the 21st century.
Get your buys and
reservations in line soon and watch for when you can do that! You will enjoy the forthcoming shops, restaurants,
corner parks, a daycare center and fitness center with indoor and outdoor
tennis courts on the ground floor. One
tower will include 340,000 sq ft of Class A office space and the other will
house a five-star hotel with 209 guest suites and 84 luxury condo or rental
units above that. Ground breaking is
hoped for in the summer or fall. His own
equity and a bank loan will finance this deal. Jeff says, “I am lucky that I do
not have to pre-lease.
In the historic
Northwood area, north of downtown, he owns 5 acres that will become a grocery
store center. Major suspect is Publix.
His plan is to have the grocery store lead to the integration of the
neighborhood. Possible: an
independent/assisted living facility; a fantastic gym.
He is putting up five high-end
condo buildings at once and has submitted a plan for a 12-story 400-unit
micro-apartment building at 550 Banyan Boulevard to city officials. Jeff says,
“West Palm Beach’s economy is driven by tourism and retirees.” The Norton Museum of Art renovation and
construction of a new spring training baseball Astros and Nationals stadium
will, “Make the city better and more people will come.”
Stay tuned.
