Tag Archive for: land rezoning

rendering of proposed light industrial complex on the nw corner of atlantic boulevard and lyons road in coconut creek 770x320

A developer’s request to build a new light industrial complex in Coconut Creek’s south-end is back before city commissioners.

The builder, Greystar, of the proposed 385,000-square-foot complex on the northwest corner of Atlantic Boulevard and Lyons Road is seeking from the city permission to rezone vacant land and allow the construction of the project known as Cocomar.

Commissioners had tabled their requests in July, and Greystar pushed to delay those decisions until Oct. 26.

Many commissioners have said they were concerned about an influx of trucks coming into the city as well as the traffic flow in the area of the planned development.

As part of that, commissioners wanted Greystar to address those issues with city staff, along with nearby residents’ concerns about noise and safety, before they made final decisions on the project.

Commissioners also discussed the consideration of adding a new traffic light at the complex to help control cars and trucks coming in and out of the 36-acre property, where three new buildings are proposed just south of residential areas.

The project is scheduled to be reviewed Thursday, October 26,  at the commission meeting which starts at 7 p.m. in the Coconut Creek Government Center at 4800 West Copans Road.


Source: TAPintoCoconutCreek

bedners_photo credit SunSentinel 770x320

The owner of Bedner’s Farm Fresh Market, a popular agricultural attraction, has proposed rezoning part of its land west of Boynton Beach for industrial development.

Bedner’s Farm Fresh Market has proposed industrial rezoning on the two parcels outlined in red in Palm Beach County.

Bedner Brothers Farms, managed by Stephen Bedner, filed a land use amendment with Palm Beach County officials concerning 14 acres of the 19-acre site at 10066 Lee Road, on the west side of U.S. 441.

The Bedner family proposed changing the zoning of the strawberry and pumpkin fields from agricultural to commerce/light industrial, which would allow up to 274,428 square feet of industrial uses. That could include warehouses, flex office/warehouse or self-storage facilities. However, the five-acre site including the farmer’s market would be preserved through a conservation easement.

The land use amendment will require County Commission approval. A hearing before the board is tentatively scheduled for Nov. 1.


Source: SFBJ

Cocomar Business Logistics Park_Photo Credit Cocomar Logistics Park dot com 770x320

According to Coconut Creek officials, plans to build a warehouse complex in the city’s south part are in the “best interest of the city.”

City commissioners are expected next week to take the first set of votes on whether to permit developers to build a 385,000-square-foot light industry complex on vacant land on the northwest corner where Atlantic Boulevard and Lyons Road connect.

Those plans have already been approved by two city panels and will now advance to the commission for final decision.

The commission will need to rezone the land and approve the building plans before the 36-acre property — owned by Coolidge Inc. – can be developed into three buildings. The property was approved in 2008 for a 340,000-square-foot Lowes Home Improvement and Kohl’s plaza, but was never constructed.

Some nearby residents have spoken out and sent letters to city officials urging them not to move forward with the building plans out of concern for traffic, noise and other issues. Developers — and some real estate brokers — have said the complex would meet demand for new industrial buildings to support “service-oriented uses and distribution of goods” in Broward County.

The Cocomar Business Logistics Park, as the complex would be called, would be designed for local and national businesses looking for “Class A logistics space,” according to plans.

The project is expected to create more than 3,200 jobs and generate more than $1.3 million in impact fees for Coconut Creek and Broward County, according to plans.

The buildings would range in space from 61,055-square-feet to 167,350-square-feet. The site would include 314 parking spaces, a preserve, and relocation of more than 80 trees and two palms, as well as landscaping buffering with nearby homes, according to plans.

According to city documents, the city finds the complex’s site plans are “in the best interest of the city” and consistent with land regulations.

City commissioners are schedule to vote on the property’s rezoning and site plans on Thursday, July 13, at 7 p.m. at Coconut Creek Government Center, 4800 West Copans Road.


Source: TAPintoCoconutCreek

redevelopment on a post it note_149519455_s

Multifamily giant Morgan Group could redevelop a former Kmart store in Lantana into an apartment complex.

The Town Council will consider the rezoning and site plan on the evening of July 11 for the 18.6-acre site at 1201 and 1301 S. Dixie Highway, plus 457 Greynolds Circle. It currently has a vacant 84,350-square-foot retail box that Kmart left in 2019, a 68,836-square-foot retail building anchored by Winn-Dixie and 11,765 square feet of retail for multiple tenants.

The property was acquired by Lantana SDC LLC, an affiliate of Miami-based Saglo Development Corp., for $10.2 million in 2017. However, the application states the Kmart parcel at 1201 S. Dixie Highway is under contract to Houston-based Morgan Group and is slated for redevelopment. The other two retail buildings would remain, as Winn-Dixie and some other tenants have long-term leases, according to the application.

The property was approved for “mixed use” zoning in 2019 with the potential for 279 apartments. But now that it’s clear only the Kmart parcel could be redeveloped, the property owner wants the zoning changed to permit 231 apartments on just that part of the land.

Lantana Village would have five buildings of four stories each, plus a clubhouse and a pool. There would be 442 surface parking spaces. The entrance would be from Greynolds Circle. The developer said the project would cost about $65 million to build.

With 157,413 square feet of leasable space, the units would range from 585 to 1,242 square feet. There would be 51 studio apartments, 105 one-bedroom apartments, and 74 two-bedroom apartments. In addition, the developer said it would perform renovations and façade improvements to the remaining shopping center.

“Placing a residential development within walking distance to commercial uses that conveniently serve the surrounding neighborhood, such as a grocery store, restaurants, retail, and personal services, creates a sense of community and will retain the ‘small town’ character that Lantana is known for,” the developer stated in the application.

Fort Lauderdale-based attorney Cushla Talbut, who represents the developer in the application, couldn’t be reached for comment. Miami-based MSA Architects designed the project.

While the retail market in South Florida has outperformed much of the nation, it can still be difficult to replace a big-box retailer like Kmart. Apartment rents are rising rapidly, so the land is likely worth more as multifamily than retail.

Click here to view a slideshow of the proposed Lantana Village Apartments project.


Source: SFBJ

Aerial photograph of forest and golf course with lake

The pandemic-driven surge in demand for e-commerce has attracted warehouse developers to an unlikely business prospect: turning old golf courses into distribution centers.

Since the mid-2000s, golf has been suffering from fewer players and more course closures. The pandemic has giving the sport a boost because it offers both outdoor entertainment and social distancing. But as other leisure activities resume, many expect the sport’s headwinds to pick up again.

That’s caught the attention of investors seeking to cash in on the warehouse boom. In New York, Tennessee, Pennsylvania and other states,warehouses are rising on parcels of land formerly occupied by golf courses. And among the tenants developers have drawn to these sites are Amazon and UPS.

Online shopping during the pandemic has made warehouses one of the hottest corners of commercial real estate. The industrial market had its strongest year on record in 2020, and big money managers like BlackstoneCerberus and KKR have all snapped up logistics centers since last March.

“Finally our asset class is the most popular in the world,” says Jack Fraker, head of industrial investments for CBRE.

Still, converting a golf course to a warehouse is no chip shot. Developers often have to contend with the rezoning process and the ire of nearby residents who oppose the increased traffic and noise.

But it can be tough for local leaders to say no when Amazon offers millions in investment and hundreds of jobs. In May, Onondaga County in New York announced the e-commerce giant would build a $350 million, 3.8-million-square-foot distribution center on land formerly occupied by a golf course in the town of Clay.

“With golf you’re just limited to the income of the ongoing business concern,” says Keith Cubba, national director of Colliers’ Golf Course Advisory Services. “There’s going to be a much higher yield on 200 acres of residential or commercial.”


Source: Bloomberg