Two developers promise “high-tech, high-paying” jobs if they win approval to build on 140 vacant acres straddling I-95 off Indiantown Road, but town officials are concerned about more vehicles on the town’s traffic-clogged main east-west roadway.
“Traffic is always an issue on Indiantown Road,” said Jupiter Council Member Ron Delaney.
The two developments are:
* Beacon Park is planned on 58 acres just north of Indiantown Road and east of I-95 along Island Way. About 500,000 square feet of office space is planned, along with restaurants, a hotel, assisted living facility and a self-storage building.
* Once called the Hawkeye property, developer Ron Pertnoy has tentatively proposed 1 million square feet of corporate/high tech office space on 82 acres just south of Indiantown Road and east of I-95.
Both developers plan to submit their plans within about two months.
The key to more jobs without more gridlock on Indiantown Road, say the developers and Jupiter officials, is the extension of Island Way. The town’s plan includes:
* A roundabout just south of Indiantown Road.
* Extending Island Way south of Indiantown Road to Jupiter Park Drive.
* Redirecting traffic from Indiantown Road between Island Way and Central Boulevard. Adding turn lanes to Indiantown Road.
* Traffic improvements to Central Boulevard.
* Improvements for bicycle lanes and pedestrians.
A one-way exit ramp from I-95 that would feed directly into the Hawkeye property is another potential way to reduce traffic on Indiantown Road.
That section of Indiantown Road — from I-95 east to Island Way — is the busiest six-lane road in the county. About 67,000 vehicles a day use Indiantown Road between I-95 and Island Way, according to county records.
“The Island Way improvements will happen as we are developing our project. Traffic will flow better with the improvements,” said Josh Simon, the developer on Beacon Park.
Beacon Park, with easy access to the Florida Turnpike and I-95, walking distance to parks and trails as well as restaurants and other amenities nearby will bring high-paying businesses, say the property owners who unveiled Beacon Park at the Nov. 16 Palm Beach North Chamber of Commerce meeting. The building height limit is 50 feet.
Crossroads 6101, a development company, paid about $11 million in June for the property straddling Island Way just north of Indiantown Road and east of I-95. DDR Jupiter Falls, an affiliate of Beachwood, Ohio-based DDR Corp., is the former owner of the 58-acre parcel.
“We want to create an upscale business-friendly, attractive campus-type environment that will bring good jobs in engineering, finance and research and development,” said Simon, a principal with FLF ATC LLC, a company that in 2013 paid $5.1 million for 92,000 square feet of commercial property, along with about 3 acres of vacant land in Downtown Abacoa. Schaumburg, Illinois-based Crossroads 6101 is controlled by FLF Management.
FLF also owns the Barcelona Apartments and adjacent property that is under construction for a Culver’s restaurant and medical offices on the west side of Military Trail just south of Toney Penna Drive. The company also owns the Jupiter Business Center off University Drive in Abacoa.
Hotels, restaurants, warehouses, clinical research, day care and light manufacturing are among the uses allowed under the current zoning on the Beacon Park property. Residential is not allowed.
No residential is planned for the Hawkeye property, said developer Ron Pertnoy. He said he is working on the final traffic proposal.
Pertnoy is looking for a new name to replace Hawkeye.
The last large vacant property bought in Jupiter was Parcel 19, which was 260 acres bought by Atlanta-based Pulte Homes in 2014 for $48 million. Sonoma Isles, a luxury 275-house development with prices starting at $600,000, is being built on the property on the northwest corner of Florida’s Turnpike and Indiantown Road.
Building on the Beacon Park and Hawkeye properties would complete development on all four corners where Indiantown Road, known as the gateway to Jupiter, intersects with Florida’s Turnpike and I-95. Toll Brothers has built luxury homes on the southwest corner. Sonoma Isles is under construction on the northwest corner.
“I welcome the (Beacon Park) project. Both our developments will be wonderful additions to Jupiter,” said Pertnoy.
The Hawkeye property is 82 acres. The Beacon Park property is 58 acres. How big is that?
* The Maltz Jupiter Theatre is five acres.
* Harbourside Place is 10 acres. So is the Suni Sands Suni Sands Mobile Home Park.
* The Home Depot, and parking lot, on Indiantown Road is 14 acres.
* DuBois Park is 19 acres.
* Downtown at the Gardens is 113 acres.
* Carlin Park is 120 acres.
* The Gardens Mall is 140 acres.
* The Sonoma Isles development, formerly Lakewood, is 260 acres.
* Riverbend Park is 666 acres. (640 acres are in a square mile).