Developers Mast Capital and JCZM Development have plans for a high-rise mixed-use venture in Downtown West Palm Beach.
The unnamed project would measure 24 stories above grade and comprise 88 residences. Although the 0.86-acre site is currently zoned as QGD 10-25 (limiting the maximum height to just 10 stories), the developers intend to utilize various incentives to bypass that restriction. In exchange, it would designate some units as affordable housing; if developers plan to file under the Live Local Act, they would have to designate at least 40 percent of the homes as affordable housing.
A streetside view of the proposed build site. Image from Google Earth
While information about the residences themselves is limited, communal amenities would include a 5,700-square-foot clubhouse, a fitness center, and a resort-style swimming pool. In addition to the residences, plans call for 11,118 square feet of ground-floor retail. The venture would also feature on-site parking housed within a covered garage.
Corwil Architects designed the high-rise. The developers have already received approval from the city’s Plans & Plats Review Committee and the Downtown Action Committee. Eventually plans will go before the City Commission.
The 28-story tower is planned for 400 Hibiscus Street, West Palm Beach, Florida, 33401, in Palm Beach County. If brought to fruition, it would replace a low-rise commercial building on the site.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Be the first to comment on "Developers Propose 28-Story Mixed-Use Tower for 400 Hibiscus Street, West Palm Beach, Florida"