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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.

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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.

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From Northern Palm Beach County

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