The wait continues.
Norman Weinstein, president of Stateside Partners, the Boca Raton company that’s building Downtown Lake Worth, a $2 million shopping center on North Dixie Highway and 2nd Avenue North, had hoped his new venture would be up and running by now.
But, you know, things happen.
Now, he plans to be open by April.
“That is Starbucks’ estimated date,” Weinstein said of the chief tenant scheduled to move in.
Starbucks and T-Mobile, Weinstein said, both signed five year leases. He said he also has a regional nail spa and he’s trying to close a deal with another company.
“I can’t tell you who it is until it’s finalized,” he said. “It will be open probably around the same time.
“It takes time for tenants to get their permits, then they have to do a build-out,” he said. “Nothing happens overnight.”
As for the site, work is nearly complete and should be finished in about a week, or so, Weinstein said.
“It’s been a good result,” he said. “I’d definitely do another project in Lake Worth.”
There has been a number of projects in the area.
TD Bank recently opened across the street from Downtown Lake Worth. Publix opened on North Dixie Highway in 2011 and Wells Fargo and Sherwin-Williams Paint Store have long been in the area.
City Hall Coin Laundry was demolished last year to make way for the 8,750-square-foot center.
Weinstein said there have been a few wrinkles with construction, but he declined to elaborate. “We’re getting through everything and everyone is pulling in the same direction.”
For many years, residents have complained that the Lake Worth Community Redevelopment Agency has neglected developing the Dixie Highway corridor.
Last year, Joan Oliva, the CRA’s executive director, told The Palm Beach Post it’s always a struggle to get properties on Dixie Highway because of the cost and since the buildings can only go up to 30 feet.
“It hampers what you can put on the site,” Oliva said.
Weinstein, however, is happy with his project.
“I think it looks great,” he said. “I’m very happy with the way the building turned out and it’s going to be a good jump-start for continued development.”