More waterfront condos ($900K a pop) near Harbourside may on the way


Highlights

15 condos in near Harbourside are planned

Jupiter waterfront condos would start at about $900,000

More waterfront development may be coming near Harbourside in Jupiter.

A five-story building with 15 condos, a pool and outdoor kitchen on the roof is being considered on a one-acre site across Indiantown Road from Harbourside.

But that means the three-story Profile Art Gallery on the Intracoastal Waterway must be demolished first.

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The town council plans a vote on initial approval on July 18.

“Residents can walk to the beach, to Riverwalk, to shopping. They will be able to do all these things without getting in their car. That’s a big selling point,” said Richard Witham, the registered agent of Jupiter Investments, the developers of the site, which will be called Cornerstone.

Jupiter Investments bought the property for $507,000 in 1993, according to Palm Beach County records.

The developers plan to spend about $16 million and hope to begin construction in about a year. Opening would be about a year later.

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Witham figures the condos, which will be about 3,000 square feet, will start at about $900,000.

“The demand right now in housing is for urban living. We are supplying that demand,” he said.

Cornerstone would have about 2,500 square feet of office/retail space on the first floor. Parking for about 44 vehicles would be below the building. A public boat dock is planned. The site is on the southwest corner of Indiantown Road and U.S. 1.

Witham was involved in the development of Jupiter by the Sea, a three-tower, 36-condominium on A1A in Jupiter.

If Cornerstone is ultimately approved, the new Mediterranean-style building would be about a dozen feet shorter than Harbourside Place, where the highest building is about 60 feet.

The plan unanimously was recommended for approval April 13 by the town’s planning and zoning commission. The town council is not bound by the planning and zoning commission’s recommendation.

Other recent proposals and approvals for waterfront development in Jupiter:

* Love Street: Developer Charles Modica wants to build a $30 million outdoor marketplace on the Jupiter Inlet. A new plan, which was approved by the town, is being considered.

* Suni Sands: Also on the Jupiter Inlet and owned by Modica, a hotel is being considered. Plans have not been submitted.

* Water Pointe, a 35-unit townhouse development on the Intracoastal Waterway, was approved in January. The site is on the former Elks Lodge property near Ocean Way.

* Rustic Inn: Now that the crab house restaurant on the Jupiter Inlet has closed, the building is planned to be remodeled and turned into an upscale rental venue for weddings and other functions. The Great River, N.Y.-based Lessing Hospitality Group plans to operate the business.

* Fisherman’s Wharf: Developers submitted plans for three six-story residential buildings on the west side of the Intracoastal Waterway just north of the Indiantown Road bridge. The town planning staff recommended denial. Developers are drawing up a new plan.

* 1000 North: A restaurant on the Loxahatchee River partly owned by former NBA star Michael Jordan is under construction. There will be a public dock, outdoor seating and a private club on the second floor. Opening is planned at the end of the year.



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