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5 New hotels planned for West Palm would double current supply

Two new hotels have opened in downtown West Palm Beach in the last year-and-a-half, and another 11 projects have been approved by city officials or are in the planning stage. The market is growing, but local experts say it is not enough to support new supply in the pipeline. The new hotels would add about 1,864 rooms, according to city data. That’s more than twice the amount of rooms currently located in downtown West Palm, according to the count of Neil Merin, chairman of West Palm-based NAI Merin Hunter Codman, a commercial real estate services firm. A 152-room Marriott Residence Inn opened at 455 Hibiscus Street in February 2015. And the much ballyhooed 400-room West Palm Beach Hilton opened next to the Palm Beach County Convention Center ...

Developer of Azure opts for fewer but larger condos

The developer of a two-building Azure condominium in Palm Beach Gardens enlarged units in the second building to attract buyers relocating from big single-family homes. Tom Frankel, developer of Azure, told the Palm Beach Post the second phase of Azure initially was designed with 67 units, but he reduced the number to 55 units, each measuring about 5,000 square feet. The first Azure building is nearing completion and nearly sold out: 45 of the 46 units have been pre-sold at prices from $900,000 to $3 million. Frankel said the first building will open for occupancy in October. Construction of the second Azure building is scheduled to start Wednesday. Frankel told the Post that 37 of the units in the second building have been pre-sold.  [Palm ...

Kolter finishing 30 townhomes at Boca Raton project, while several other construction projects are just getting started

Kolter has been having a successful busy couple of years lately with several more residential housing developments on the way. Kolter Group expects in late August to finish building 30 of 75 three-story townhomes at its Moderne Boca development in Boca Raton. West Palm Beach-based Kolter plans to start marketing the remaining 45 townhomes in fall and to finish building Moderne Boca by the end of 2017. The development at Military Trail and Spanish River Boulevard in Boca Raton has townhomes priced from $589,000 to $849,000. The two-bedroom and three-bedroom townhomes range in size from 2,128 square feet to 2,794 square feet. Bob Vail, president of the urban development division of Kolter, told the Sun-Sentinel that 45 of the 75 townhomes at  Moderne Boca will ...

A new Michael Jordan restaurant in Jupiter will soon be under way

Demolition of a building set to become a waterfront restaurant partly owned by former NBA superstar Michael Jordan is expected to begin within a month now that the permit to knock down the current building has been approved by Jupiter. Jordan is one of 13 owners in a 325-seat restaurant on the Loxahatchee River expected to open by the end of 2017. The other dozen investors include former New York Giants running back Tucker Frederickson. Jordan has a home in the Bear’s Club, a private community in off Donald Ross Road in Jupiter. 1000 North is the planned name for the restaurant. The 18,000-square-foot restaurant, off U.S. 1 just north of Burt Reynolds Park, will have about 75 outdoor seats — including an outside bar ...

Day spa joins other new store and restaurant in Gardens

The Container Store will open in Legacy Place in Palm Beach Gardens in August. The next closest-location is in Boca Raton. You’ll have to wait a little longer for The Container Store to open at Legacy Place. Ditto for Newk’s Eatery. The Woodhouse Day Spa, however, is already here. The full-service luxury spa recently opened across from Charming Charlie’s near the parking garage at the outdoor shopping center along PGA Boulevard across from Downtown at the Gardens and The Gardens Mall. The spa offers 70 treatments from facials to massages. When you’re nice and relaxed, you can finish up with a manicure and pedicure. Closer to the Publix GreenWise Market, The Container Store will have its grand opening August 27 and 28. Ten percent of ...