Unanimous approval to build a 35-unit townhouse development on the Intracoastal Waterway was given Tuesday by the town council.
Prices for the 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 townhouse 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.
Water Pointe will have entry gates, but they will not be for residents only.
Owners would have access to Riverwalk, the town’s 2.4-mile public access pedestrian/bicycle lane being built between the Jupiter Inlet and Ocean Way for bicyclists and pedestrians. There would be no commercial development on the Water Pointe property.
From Northern Palm Beach County
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