- Bill DiPaolo Palm Beach Post Staff Writer
Luxury waterfront condos — the second such development this month — won approval Tuesday in Jupiter and will be built on the Intracoastal Waterway just south of Indiantown Road.
Cornerstone will be 15 units in a five-story building.
Starting price will be about $800,000, according to Richard Witham, the registered agent of Jupiter Investments, the developers of the site.
The condominiums will vary is size between 2,000-4,000 square feet. A pool is planned on the roof. A public dock for about 14 small boats and kayak launch are planned for the development on the other side of Indiantown Road from Harbourside Place.
“This is the kind of project that is providing public benefit,” said Council man Ilan Kaufer.
Cornerstone will have about half the number of units as Inlet Waters, a 33-unit complex that was approved by the council on Dec. 5.
Profile Art Gallery will be demolished to build Cornerstone. Construction on Cornerstone would start this summer and be complete in about two years, Witham said.
Inlet Waters, which will have 33 units, will be seven two-story buildings along with private docking for five boats. Two buildings would be on the Jupiter River and two fronting A1A. A pool and the other three buildings would be in the center of the property. Entry/exit will be from A1A.
Prices at Inlet Waters, which is walking distance to DuBois Park, are expected to start at about $700,000.