Using a foreign investor program to raise $100 million, the developer of Harbourside says he is building a “Mizner Park on the waterfront” that will attract boaters, shoppers and tourists — and create hundreds of jobs.
“The United States economy crashed. We had to go overseas to find financing,” said Nick Mastroianni, president of Allied Capital & Development, the North Palm Beach-based developers. Opening for the $150 million marina/restaurant/retail/hotel complex on the Intracoastal Waterway is expected in the summer of 2014.
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- Two, five-story waterfront hotels, 178 rooms with outdoor pool on third floor. Enclosed overhead walkway between buildings.
- Two, five-story parking garages with 929 total spaces. Parking will be validated/paid, the same as City Place. Retail stores on bottom floors of parking garages.
- About 66,000 square feet of retail, about 55,000 square feet of office and about 33,000 square feet of restaurant space with a total of 360,000 square feet.
- Restaurants with outdoor seating.
- Public amphitheater.
- 15-foot-wide sidewalk connection to Riverwalk, 2.5-mile pathway from Jupiter Inlet to Ocean Way.
- Marina with 22 private slips and 271 feet for public boat docking.
- Water taxi stand and trolley stop
- Harbourside has no residential development.