Category Archives: New/Pre-Construction

Atlantic Plaza II gets first approvals from Delray Beach

atlantic-plaza-II-Delray BeachDELRAY BEACH — Atlantic Plaza II passed its height and density tests Tuesday but still faces one more hurdle before it can become reality.

Atlantic Plaza II is the $200 million mix of shops, restaurants, condos and office space proposed for nine acres slotted on the north side of East Atlantic Avenue between the Intracoastal Waterway and North Federal Highway. Its developers are vitamin magnate Carl DeSantis and the Edwards Cos. of Columbus, Ohio.

After about three hours of sometimes heated, sometimes unusual debate, Delray Beach city commissioners voted 3-2 to allow the project to exceed the city’s normal maximum building height of 48 feet and normal maximum density of 30 residential units per acre.

The project has attracted strong opposition particularly from residents of nearby neighborhoods who see it as too big for Delray, and out of character with the surroundings. Opponents included a group called the “Raging Grannies” that literally sung their protest to the tune of The Battle Hymn of the Republic. Others used more conventional methods to get their point across.

Resident Steve Blum, president of a homeowners association in the area called the project “bloated.”

“This is a travesty, a crying shame,” Blum said. “We are outraged.”

Proponents, however, cited the need to redevelop the site, now occupied by a rather architecturally undistinguished collection of shops and offices. They also cited the economic potential of the Atlantic II, which includes 80,000 square feet of class A office space, something doesn’t exist in the downtown.

One resident called it “a gift to the city. A private, $200 million development in Delray Beach that will reap benefits for years to come.”

Others urged the city to take a middle course and delay a vote on the project until after the March municipal election when three of the five commission seats are up.

Mayor Woodie McDuffie, who grew up in Delray Beach, recalled the city’s agricultural past, a time when the city was so slow that it was jokingly called Dullray, and its eventual transformation into the vibrant city it now is. Despite its growth, one problem that plagued Delray in McDuffie’s youth it still has today, and that is a lack of good-paying jobs. It has done well in providing jobs for waiters and cooks, evidenced by the restaurants along Atlantic, but not so well in providing jobs for accounts, lawyers, marketer, brokers and other white collar professions.

“It fills a void in the community,” McDuffie said of Atlantic Plaza II. “Either you grow or you die.”

As for delaying the project, McDuffie noted that the project has been on the drawing boards since he joined the city commission in 2007.

Jeff Edwards of the Edwards Cos. presented a list of changes the developers made in the plans to lessen the impact of the project on the area, many having to do with efforts to reduce traffic.

As originally proposed, the project had 50 residential units per acre, well above the 30 allowed by the city code. It reduced the number to 43 during its presentation Tuesday. Edwards agreed to a further compromise put forth by Commissioner Adam Frankel to cut the number to 40.

Commissioners Al Jacquet and Tom Carney voted against the proposal. Commissioners Angeleta Gray and Frankel joined McDuffie in approving it. The project’s site plan still needs to be approved by commissioners before the project can go forward.

New Single Family Home Development in West Boca Coming Soon…

NEWS RELEASE

Limited Opportunity To Buy Exclusive West Boca Homes:

Minto Communities Announces New Model At Boca Reserve

Six home designs in Mission, West Indies and Palm Beach styles offer breathtaking beauty for 44 single-family homes in exclusive enclave community.

BOCA RATON, Fla. – October 26, 2012 – In a community internationally known for its culture, arts and luxury, Steve Svopa, vice president of Minto Communities, today announced the construction of its first furnished model in Boca Reserve, an enclave community of 44 limited edition homes that raise the bar even higher.

Paying homage to great Palm Beach, Mission and West Indies styles of yesterday and today, Minto’s model features towering rotundas, dramatic foyers with symmetrical staircases, a luxurious master bedroom and an airy gourmet kitchen. Prices start in the high $400s.

“As we developed communities in West Palm,WellingtonandFort Lauderdale, home buyers told us of the need for elegant new homes inWest Boca,” states Svopa. “Through our special enclave community of 44 homes, we fill that need with exceptional value for innovative designs, features and quality.”

The furnished model, called The Callista, includes four bedrooms, three and half baths, den and family room under 3,652 A/C Sq. Ft. The two-story model also features a four-car garage, covered patio and balcony and a beautifully landscaped lot.

The Callista, like all 44 limited edition homes in Boca Reserve, includes ENERGY STAR® certified products and a generous offering of premium standard features such as:

  • 10’ tray or vaulted ceilings
  • 18” ceramic floor tile
  • Complete GE® Energy Star® appliances
  • Granite countertops in kitchen, baths and laundry rooms
  • Low-E double pane, insulated windows
  • Upgraded kitchen cabinets

The private enclave community also features water front and conservation homesites with stunning views.

Boca Reserve is located onWest Palmetto Park Road, west of US-441 in West Boca.

Lennar announces new luxury lakefront development in Parkland, Florida

Parkland has long been known as one of Broward County’s most desired, prestigious addresses with a variety of intimate, luxurious residential enclaves and neighborhoods. Lennar is about to raise the bar with the introduction of MiraLago, their gated master-planned community, slated to open later this fall.

“The uniqueness and splendor of this community starts with the intrinsic ‘wow factor’ of the actual site – the largest lake in Parkland. The existing shoreline is comprised of a number of ‘peninsulas’ that will provide the majority of the home sites with expansive, panoramic lake views,” explained Carlos Gonzalez, president of Lennar’s Southeast Florida Division.

Residents of MiraLago will also enjoy a spectacular clubhouse, perfect for families of all ages. Once completed, Club MiraLago will offer both indoor and outdoor amenities that will easily compare to a luxury resort. With its great location, residents will be close to everything they enjoy, including fine dining and retail establishments, shopping and local attractions. Plus, children will have the opportunity to attend A-rated Parkland schools.

While the homes at MiraLago will represent exceptional luxury, they will also offer some of the best values in homebuilding today. With Lennar’s “Everything’s Included,” buyers are given a wide variety of luxury features and upgrades included in the price. The program’s recent enhancements include more features and enhanced energy efficiency and technology at no additional charge. What others call options, Lennar calls standard features,” said Gonzalez.

South Florida Market Looking Better

South FloridaMIAMI – June 16, 2009 – South Florida home prices have hit bottom, but threats to the housing market still loom as foreclosures rise, mortgage rates creep up and inventories remain high.

That’s according to a prominent economist and several top real estate brokers who spoke here Thursday during the International Real Estate Congress hosted by the Realtor Association of Greater Miami and the Beaches.

“We’re certainly near the bottom if not at the bottom,” said Lawrence Yun, chief economist for the National Association of Realtors.

The median price of an existing single-family home in Palm Beach County has plunged more than 40 percent since 2005. Yun cited a study released last week by research firm IHS Global Insight that said home prices in Palm Beach County are undervalued by 32 percent.

Mike Pappas, head of Keyes Co. Realtors, agreed that the withering collapse of the past three years finally has ended.

“We believe the worst is behind us,” Pappas said.

That’s not to say that the housing market is poised for a big rebound. Realtors see obstacles, including:

• Foreclosures. The number of foreclosure filings in Palm Beach County rose 33 percent from April to May, research firm RealtyTrac said Thursday. “Unfortunately, foreclosures will continue to increase,” Yun said.

• Rising mortgage rates. The average rate for a 30-year mortgage spiked from 5.29 percent last week to 5.59 percent this week, Freddie Mac said Thursday. Yun acknowledged that rates above 6 percent would slow the recovery, but he predicted rates will fall to 5.2 percent later this year. “I believe the bond market is overreacting,” Yun said, causing rates to rise.

• High inventories. The number of homes for sale has fallen over the past year, but there remains a glut of homes on the market. Inventory “is still much higher than it should be,” said Ron Shuffield, head of EWM Realtors.

• A sluggish high-end market. Although properties priced at under $200,000 are moving quickly, the high-end market is “stagnant,” in part because of high rates for jumbo loans, said Rei Mesa of Prudential Florida Realty.

Copyright © 2009 The Palm Beach Post, Fla., Jeff Ostrowski. Distributed by McClatchy-Tribune Information Services.

New waterfront luxury mid-rise in Downtown West Palm Beach

aerial-tower1

Located on Clear Lake, in the heart of sunny West Palm Beach, The Edge is a visionary development that provides the exhilaration of an urban lifestyle, while also offering a sanctuary to escape the stresses of everyday life. The Edge is only minutes from the sun-kissed beaches that have made South Florida famous, and just a hop, skip and a jump from the best nightlife, theaters, restaurants, shopping and cultural attractions of the Palm Beaches.

Priced from the very low $100’s
Lease Purchase Options Available
Leasing offered, starting at $1,275 per month

New “Green” Luxury Apartment Building In Downtown Ft. Lauderdale

 

pool

 As the finest rental community in Fort Lauderdale, Satori will awaken your senses in life-inspiring ways.  Fill your soul with the serenity of a gentle waterfall or the tranquility of a relaxing Zen garden. Enjoy the ease and convenience of neighborhood shops nestled in a brick-paved village just below your residence.

Live in harmony with a plethora of earth-friendly features that save you money on energy costs while reducing your carbon footprint.  Free yourself from everyday chores with private concierge and valet services.

Pamper yourself in luxury with wonderful amenities — from beautifully appointed interiors by designer Steven G., to the spectacular infinity pool outside your 2-story health club and spa. Everything at Satori has been designed to enrich your life.

amenitiespool21

Recharge and refresh in The Club

Awaken your senses in a private two-story health club and spa that is the heart and beat of Satori. Take a swim in the infinity-edge pool, a favorite gathering place for your neighbors and their guests. Enjoy a long afternoon of languor and repose lounging or sipping cocktails by a tantalizing waterfall as it cascades into a whirlpool spa. Stretch and unwind in a yoga class or power through a cardio and strength workout in the gym. The Club also features a Cyber Cafe and conference room, media center, and juice bar.

sauna

Renew Your Mind At the Spa

Inside The Club at Satori you’ll also enjoy a full spa with massage treatment rooms, whirlpool, and men’s and women’s steam and sauna. Soothe away your stresses with a healing massage. Or pamper yourself with a rejuvenating facial in this tranquil oasis.

 

Indulge at the Gourmet Demonstration Kitchensushi

If you enjoy tantalizing cooking classes and guest chef appearances, the gourmet demonstration kitchen at The Club will provide the backdrop for you to experience culinary masterpieces by local chefs. Indulge in decadent desserts from gourmet pastry chefs or enlighten your palette with a wine tasting hosted by a renowned sommelier. It’s all here, just for you! 

 Maintain your chi in our tranquil Zen garden

Discover what an unexpected moment of bliss can add to the quality of your day. Whether you take a moment to meditate in the formal Zen Garden, or gain a measure of inner peace from the mere sight of a reflecting pool lined with palms, or enjoy the smell of fragrant flowers surrounding a verdant courtyard, life at Satori will reward you with happiness.

Enjoy eco-friendly living and make your friends “Green” with envy.

With Satori’s extensive list of “Green” features, you’ll be doing your part to leave a smaller carbon footprint for tomorrow while saving money on your energy costs today.

energy efficiencieswasher

HIGH-EFFICIENCY AIR CONDITIONING (SEER 15) helps reduce electrical consumption by 14%. Carrier’s Hi-efficiency “Puron” meets the Energy Star Guidelines. Plus the use of no CFC based refrigerant is environmentally friendly and won’t deplete the ozone. Efficient MERV 8 air filters reduce air pollution.

PROGRAMMABLE THERMOSTATS help you save energy and lower electric bills.

ROOF SOLAR SYSTEM using Flex Light Photovoltaic system to help lower building electrical costs.

WHITE REFLECTIVE ROOF MATERIAL lowers energy consumption by using single ply 80 mil white reflective roofing material containing 7.5% recycled content.

FRONT LOADING WASHERS AND DRYERS not only use less water and less energy, they are also more gentle on your clothes.

recycle

recycling and pollution prevention

CHLORINE-FREE POOL eliminates chemical exposure to your skin, eyes & hair

RECYCLING PROGRAM for plastic, newspapers, and garbage is good for the environment by reducing landfills.

BARK PARK has an abundant supply of bio-degradable waste bags

ENVIRONMENTALLY FRIENDLY CLEANING PRODUCTS

PUBLIC TRANSPORTION helps reduce greenhouse gases while lowering fuel costs and Satori makes it easy with a bus stop right outside the front door. So next time you go grocery shopping, or spend a night out with friends, leave your car home and take an earth-friendly bus

PLUG-IN STATIONS available in the garage for charging electric/battery powered vehicles.

eco-friendly construction

ZERO VOC-EMITTING CARPET AND LOW VOC-EMITTING PAINTS means low Volatile Organic Compounds.

CONCRETE PAVERS use recycled content.

LIGHT GAUGE STEEL used for interior walls contains a minimum of 31% recycled content.

THE DRYWALL uses gypsum board with no reportable VOC content.

COVERED PARKING GARAGE utilizes a reduced heat island effect to reduce global warming.

PRESERVED NATURAL HABITAT through redevelopment of the property.

RECYCLED MATERIALS from the demolished buildings.

CONSTRUCTION WASTE diverted from landfills to recycling transfer stations

pricing 

1bd/1bth from $1,407 per month
875 – 976 square feet

2bd/2bth from $2,149 per month
1,215 – 1,516 square feet

3bd/2bth from $2,500 per month
1,426 – 2,885 square feet

**Select units offer 2 free months
**Pricing and availability subject to change