By Bill DiPaolo – Palm Beach Post Staff Writer
Monday, Dec. 12, 2016
JUPITER — More residential waterfront development is being proposed — this time for three dozen townhouses on the Intracoastal Waterway — to meet the continuing demand for luxury housing in north county.
“The units are getting smaller and smaller, but people love the location,” said John True, owner of Oceanfront Realty in Juno Beach. Prices for the 35 units at Water Pointe, each about 1,500 square feet, should start at about $400,000-$500,000, according to local Realtors and developers.
The vacant 4-acre site on the west side of U.S. 1 is the former Elks Lodge 2469. The lodge opened in the early 1970s and was demolished in about 2010. The lodge is now in Jupiter Farms, in the Publix plaza on the south side of Indiantown Road, about a mile west of Florida’s Turnpike. The plan by Wilmington, Del.-based Emerald Cay Holdings calls for seven two-story buildings, a 400-square-foot fitness center, a community swimming pool, pavilion and tot lot on the now-vacant lot about a mile south of Indiantown Road.
Whether the community will be gated has not been determined. The town’s planning and zoning commission plans to consider the proposal on Tuesday. The town council is scheduled to vote on the plan on Jan. 17.
Owners would have access to Riverwalk, the town’s 2.4-mile public access walkway being built between the Jupiter Inlet and Ocean Way for bicyclists and pedestrians. There would be no commercial development on the Water Pointe property.
“There is still a lack of supply of residential property along the water in north county. The demand is still strong,” said north county Realtor Rebel Cook.
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