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FOR SALE 37 ACRE MIXED USE – COMMERCIAL …€¦ · for sale 37 acre mixed use – commercial...
Transcript of FOR SALE 37 ACRE MIXED USE – COMMERCIAL …€¦ · for sale 37 acre mixed use – commercial...
FLORIDA TURNPIKE
US 441/SR 7
LYONS RD.
SCHOOL BOARD EXPANSION SITE
WOODLANDS MIDDLE SHOOL
WELLINGTON
WELLINGTON GREEN MALL
INTL POLO CLUB
WYCLIFFE
LAKES OF SHERBROOKE
PARK RIDGE GOLF COURSE
NEW WEF ENTRANCE
WELLINGTON EQ PRESERVE
PULTE - THE FIELDS 220 acres 973 units UNDER CONSTRUCTION
LENNAR 65 acres 248 units Under construction
FDOT
LAKE
WORT
H RD.
FUTURE POLO RD.
CEDAR CREEK
CYPRESS LAKES
POLO MUSEUM
LEGEND LAKES
WOODS WALK
CYPRESS WOODS
BELLAGGIO
HARBOPR CHASE ALF
Subject
COUNTRY WALK
HOMELAND
SUMMER CHASE
GULFSTREAM POLO MIXED USE SITE
CALATLANTIC ANDALUCIA 59 acres - 246 Units Under Construction
ALK WY OUNTR C
AND HOMEL
CLIFFE WY
VE ON EQ PRESER WELLINGT
ALK
INTL POL
ANCE ENTR W WEF NE
WELLINGT
UB
GREEN M
O CL INTL POL
WELLINGT
ON WELLINGT
ALL GREEN MON WELLINGT
GGIO BELLA
PRESS L
AKES LEGEND L
Y C
O MUSEUM
OODS W
AR CREEK CED
AKES
W
POL
PRESS L
CED
O MUSEUM
ALK OODS W
OODS W PRESS Y C ject
LAKES OF SHERBR
OOKE LAKES OF SHERBR
n
FUTURE
. O RD E POL
ubSub
M
OODS W PRESS Y Cbje
SUMMER CHASE
SUMMER CHASE
ATLANTIC WESTERN REALTY CORPORATION3500 FAIRLANE FARMS ROAD, SUITE 9, WELLINGTON, FL 33414
561-832-3400www.atlantic-western.com
NOTE: This offering subject to errors, omissions, prior sale or withdrawal without notice. Printed by NML 1-800-327-5770 NML 217222-X
FLORID
A TURNPIKE
US 441/SR 7
LYONS RD.
SCHOOL BOARD EXPANSION SITE
WOODLANDS MIDDLE SHOOL
FDOT
WELLINGTON
OLYMPIA
WELLINGTONGREEN MALL
INTL POLO CLUB
WYCLIFFE
LAKE WORTH RD.
Subject
CALATLANTIC ANDALUCIA 59 acres - 246 Units Under Construction
LENNAR 65 acres 248 units Under construction
PULTE - THE FIELDS 220 acres 973 units UNDER CONSTRUCTION
FUTURE POLO RD.
LAKES OF SHERBROOKE
PARK RIDGE GOLF COURSE
GULFSTREAM POLO MIXED USE SITE
UBO CLINTL POL
CLIFFEWY
WELLINGTUB
ONWELLINGT
MPIAYOLLY
ALLGREEN MONWELLINGT
MPIA
Subjeect G G
MIXED USE SITE MIXED USE SITE
FUTURE POL
O RD
L
LO
LAKES OF SHERBR
OOKELAKES OF SHERBR
FOR SALE37 ACRE MIXED USE – COMMERCIAL DEVELOPMENT SITE
WESTERN PALM BEACH COUNTY, FLORIDA
MartinCountyPalmBeachCounty
PalmBeachCountyBrowardCounty
BocaRatonAirport
FLORIDA
TURNPIKE
MILITARY
TRAILM
ILITARYTRAIL
CONG
RESSAVE
OLD
DIXIEHW
Y
INDIANTOWNRD
PGABLVD
OKEECHOBEERD
S.R.98/80
S.R.710
SOUTHERNBLVD
FORESTHILLBLVD
LAKEWORTHRD
BOYNTONBEACHBLVD
PALMETTOPARKRD
ATLANTICAVE
LINTONBLVD
45THST.
NorthCountyAirport
LoxahacheeNationalWildlifeRefugeConservationArea
1
441
1
A1A
CLINTMOORERD
PortofPalmBeach
AtlanticOcean
N
704
YAMATORD
GLADESRD
HERONBLVD
PALMBEACHLAKESBLVD
OLDDIX
IEHW
Y
LAKEWORTH
BOYNTONBEACH
DELRAYBEACH
BOCARATONFederalHwy
Corridor
PALMBEACHGARDENS
PalmBeachInternationalAirport
DONALDRD
HOODRD
JUPITER
FLORIDA
TURNPIKE
LantanaAirport
441
S.R. 7
A1A
WEST PALM BEACH
PALMBEACH
95
95
95
ROSS
BLUE
ROYAL PALM BEACH
WELLINGTON
Palm Beach County
Subject
ATLANTIC WESTERN REALTY CORPORATION3500 FAIRLANE FARMS ROAD, SUITE 9, WELLINGTON, FL 33414
561-832-3400www.atlantic-western.com
NOTE: This offering subject to errors, omissions, prior sale or withdrawal without notice. Printed by NML 1-800-327-5770 NML 217222-X
The 37 acre Gulfstream Polo Mixed Use Site is situated at the former entrance to Gulfstream Polo Club, which is currently beingdeveloped by Divosta and Pulte Homes. With approximately 1,280’ of frontage along Lake Worth Rd. the Gulfstream Polo MixedUse Development Site is located at the southwest intersection of the new Polo Rd., just west of the Turnpike interchange, andalong the primary commuter gateway into/from Wellington. This offering represents the largest mixed-use development tractcurrently available for sale and near term development, in one of Palm Beach County’s highest growth and demographic areas.
Zoning: The Property is currently zoned AR with a pending application for a FLU designation to CH/5 which if approved by Palm Beach County, will potentially allow forMXPD Zoning and up to 185 residential units and 396,000 sf of commercial space.
Utilities: In conjunction with Polo Rd.’s current construction, force-main sewer, water andother utilities are being made available to the site.
Offering:Terms Atlantic Western Realty Corp. (AWRC) exclusively represents the Owner of theGulfstream Polo Mixed Use Site and is conducting a “Request for Proposals” (RFP) process,anticipated to conclude during the second quarter 2017.
Qualified prospects interested in this opportunity are encouraged to contact AWRCimmediately to obtain a complete Investment Memorandum which fully details the Propertyand offering terms.
Note that the Seller and AWRC agree to cooperate with but not compensate any and all brokers,agents and realtors representing buyers, who must seek their compensation directly from theirclient.
Contact: Atlantic Western Realty Corp.3500 Fairlane Farms Rd., Suite 9Wellington, FL 33414561-832-3400
LAKE
WO
RTH
RD
.
LYONS RD.
FLORIDA TURNPIKE
FDOT
CEDAR CREEK
CYPRESS TRAILS
LEGEND LAKES WOODS WALK
CYPRESS WOODS
POLO MUSEUM
PULTE - THE FIELDS 220 acres 973 units Under Construction
LENNAR 65 acres 248 units Under construction
CALATLANTIC ANDALUCIA 59 acres - 246 Units Under Construction
SUMMER CHASE
FUTURE POLO ROAD
HARBOR CHASE 136 BED ALF Under Construction
Subject
CYPRESS LAKES
GULFSTREAM POLO MIXED USE SITE
AKES LEGEND L
AR CREEK CED
AKES
CED
PRESS L Y C
OODS W W
O MUSEUM POL
ubject
Sub
AKESPRESS L
AILS C
ALK
OODS
OODS W
TRPRESS Y C
WPRESS Y C
OODS
ADOO RFUTURE POL
SUMMER CHASE
SUMMER CHASE
Property Description: 37 acres located on the southwest corner of Polo Rd. & Lake Worth Rd. At present, Polo Rd. is being developed by Pulte Homes andCalAtlantic as a dedicated county roadway that will connect Lyons Rd. with Lake Worth Rd. to serve over 1,600 new residential units being constructedon adjoining sites.
Location: This strategic location is situated between Wellington’s fully developed 441 corridor and the Florida Turnpike Interchange located only ½ mile eastof the Property, and is poised to emerge as the primary commercial service provider for over 5,000 residential units in the surrounding developments whenfully built out. Moreover, this section of 6-laned Lake Worth Rd. already serves as the primary commuter gateway into and from Wellington to the recentlyexpanded Turnpike Interchange. Lake Worth Rd. is also being expanded in Wellington to become the direct access to the International Horse Show Grounds;only 6 miles from the Subject Property.
Access: Future development access will be available through both east bound and west bound Lake Worth Rd. as well as from multiple access pointsalong Polo Rd.A full traffic signal is planned to be installed at the intersection of Polo Rd. and Lake Worth Rd.
LAKE WORTH RD.
LYONS RD.
FLORI
DA TURN
PIKE
FDOT CEDAR CREEK
SUMMER CHASE
Subject
CYPRESS LAKES
FUTU
RE P
OLO
RO
AD
PULTE - THE FIELDS 220 acres 973 units Under Construction
LENNAR 65 acres 248 units Under construction
CALATLANTIC ANDALUCIA 59 acres - 246 Units Under Construction
HARBOR CHASE 136 BED ALF Under Construction
LAKES OF SHERBROOKE PARK RIDGE GOLF COURSE
SCHOOL BOARD EXPANSION SITE
GULFSTREAM POLO MIXED USE SITE
US 441/SR 7
BELLAGGIO
OOKELAKES OF SHERBR
OOKE
GGIOBELLA
AR CREEK CED CED
PRESS L Y C
AKESPRESS L
Su
ubjectub
SUMMER CHASE
ATLANTIC WESTERN REALTY CORPORATION3500 FAIRLANE FARMS ROAD, SUITE 9, WELLINGTON, FL 33414
561-832-3400www.atlantic-western.com
NOTE: This offering subject to errors, omissions, prior sale or withdrawal without notice. Printed by NML 1-800-327-5770 NML 217222-X
Brad Scherer, [email protected] Romfh, Director of Investment [email protected]
Zoning: The Property is currently zoned AR with a pending application for a FLU designation to CH/5 which if approved by Palm Beach County, will potentially allow forMXPD Zoning and up to 185 residential units and 396,000 sf of commercial space.
Utilities: In conjunction with Polo Rd.’s current construction, force-main sewer, water andother utilities are being made available to the site.
Offering:Terms Atlantic Western Realty Corp. (AWRC) exclusively represents the Owner of theGulfstream Polo Mixed Use Site and is conducting a “Request for Proposals” (RFP) process,anticipated to conclude during the second quarter 2017.
Qualified prospects interested in this opportunity are encouraged to contact AWRCimmediately to obtain a complete Investment Memorandum which fully details the Propertyand offering terms.
Note that the Seller and AWRC agree to cooperate with but not compensate any and all brokers,agents and realtors representing buyers, who must seek their compensation directly from theirclient.
Contact: Atlantic Western Realty Corp.3500 Fairlane Farms Rd., Suite 9Wellington, FL 33414561-832-3400
LAKE
WO
RTH
RD
.
LYONS RD.
FLORIDA TURNPIKE
FDOT
CEDAR CREEK
CYPRESS TRAILS
LEGEND LAKES WOODS WALK
CYPRESS WOODS
POLO MUSEUM
PULTE - THE FIELDS 220 acres 973 units Under Construction
LENNAR 65 acres 248 units Under construction
CALATLANTIC ANDALUCIA 59 acres - 246 Units Under Construction
SUMMER CHASE
FUTURE POLO ROAD
HARBOR CHASE 136 BED ALF Under Construction
Subject
CYPRESS LAKES
GULFSTREAM POLO MIXED USE SITE
AKES LEGEND L
AR CREEK CED
AKES
CED
PRESS L Y C
OODS W W
O MUSEUM POL
ubject
Sub
AKESPRESS L
AILS C
ALK
OODS
OODS W
TRPRESS Y C
WPRESS Y C
OODS
ADOO RFUTURE POL
SUMMER CHASE
SUMMER CHASE
Property Description: 37 acres located on the southwest corner of Polo Rd. & Lake Worth Rd. At present, Polo Rd. is being developed by Pulte Homes andCalAtlantic as a dedicated county roadway that will connect Lyons Rd. with Lake Worth Rd. to serve over 1,600 new residential units being constructedon adjoining sites.
Location: This strategic location is situated between Wellington’s fully developed 441 corridor and the Florida Turnpike Interchange located only ½ mile eastof the Property, and is poised to emerge as the primary commercial service provider for over 5,000 residential units in the surrounding developments whenfully built out. Moreover, this section of 6-laned Lake Worth Rd. already serves as the primary commuter gateway into and from Wellington to the recentlyexpanded Turnpike Interchange. Lake Worth Rd. is also being expanded in Wellington to become the direct access to the International Horse Show Grounds;only 6 miles from the Subject Property.
Access: Future development access will be available through both east bound and west bound Lake Worth Rd. as well as from multiple access pointsalong Polo Rd.A full traffic signal is planned to be installed at the intersection of Polo Rd. and Lake Worth Rd.
LAKE WORTH RD.
LYONS RD.
FLORI
DA TURN
PIKE
FDOT CEDAR CREEK
SUMMER CHASE
Subject
CYPRESS LAKES
FUTU
RE P
OLO
RO
AD
PULTE - THE FIELDS 220 acres 973 units Under Construction
LENNAR 65 acres 248 units Under construction
CALATLANTIC ANDALUCIA 59 acres - 246 Units Under Construction
HARBOR CHASE 136 BED ALF Under Construction
LAKES OF SHERBROOKE PARK RIDGE GOLF COURSE
SCHOOL BOARD EXPANSION SITE
GULFSTREAM POLO MIXED USE SITE
US 441/SR 7
BELLAGGIO
OOKELAKES OF SHERBR
OOKE
GGIOBELLA
AR CREEK CED CED
PRESS L Y C
AKESPRESS L
Su
ubjectub
SUMMER CHASE
ATLANTIC WESTERN REALTY CORPORATION3500 FAIRLANE FARMS ROAD, SUITE 9, WELLINGTON, FL 33414
561-832-3400www.atlantic-western.com
NOTE: This offering subject to errors, omissions, prior sale or withdrawal without notice. Printed by NML 1-800-327-5770 NML 217222-X
Brad Scherer, [email protected] Romfh, Director of Investment [email protected]
FLORIDA TURNPIKE
US 441/SR 7
LYONS RD.
SCHOOL BOARD EXPANSION SITE
WOODLANDS MIDDLE SHOOL
WELLINGTON
WELLINGTON GREEN MALL
INTL POLO CLUB
WYCLIFFE
LAKES OF SHERBROOKE
PARK RIDGE GOLF COURSE
NEW WEF ENTRANCE
WELLINGTON EQ PRESERVE
PULTE - THE FIELDS 220 acres 973 units UNDER CONSTRUCTION
LENNAR 65 acres 248 units Under construction
FDOT
LAKE WORTH RD.
FUTURE POLO RD.
CEDAR CREEK
CYPRESS LAKES
POLO MUSEUM
LEGEND LAKES
WOODS WALK
CYPRESS WOODS
BELLAGGIO
HARBOPR CHASE ALF
Subject
COUNTRY WALK
HOMELAND
SUMMER CHASE
GULFSTREAM POLO MIXED USE SITE
CALATLANTIC ANDALUCIA 59 acres - 246 Units Under Construction
ALK WY OUNTR C
AND HOMEL
CLIFFEWY
VEON EQ PRESERWELLINGT
ALK
INTL POL
ANCEENTRW WEF NE
WELLINGT
UB
GREEN M
O CLINTL POL
WELLINGT
ONWELLINGT
ALL GREEN MONWELLINGT
GGIOBELLA
PRESS L
AKES LEGEND L
Y C
O MUSEUM
OODS W
AR CREEK CED
AKES
W
POL
PRESS L
CED
O MUSEUM
ALKOODS W
OODS WPRESS Y Cject
LAKES OF SHERBR
OOKELAKES OF SHERBR
n
FUTURE
. O RDE POL
ubSub
M
OODS WPRESS Y Cbje
SUMMER CHASE
SUMMER CHASE
ATLANTIC WESTERN REALTY CORPORATION3500 FAIRLANE FARMS ROAD, SUITE 9, WELLINGTON, FL 33414
561-832-3400www.atlantic-western.com
NOTE: This offering subject to errors, omissions, prior sale or withdrawal without notice. Printed by NML 1-800-327-5770 NML 217222-X
FLORIDA TURNPIKE
US 441/SR 7
LYONS RD.
SCHOOL BOARD EXPANSION SITE
WOODLANDS MIDDLE SHOOL FDOT
WELLINGTON
OLYMPIA
WELLINGTONGREEN MALL
INTL POLO CLUB
WYCLIFFE
LAKE WORTH RD.
Subject
CALATLANTIC ANDALUCIA 59 acres - 246 Units Under Construction
LENNAR 65 acres 248 units Under construction
PULTE - THE FIELDS 220 acres 973 units UNDER CONSTRUCTION
FUTURE POLO RD.
LAKES OF SHERBROOKE
PARK RIDGE GOLF COURSE
GULFSTREAM POLO MIXED USE SITE
UB O CL INTL POL
CLIFFE WY
WELLINGTUB
ON WELLINGT
MPIA Y OLLY
ALL GREEN MON WELLINGT
MPIA
Subjeect
G G
MIXED USE SITE MIXED USE SITE
FUTURE POL
O RD
L
LO
LAKES OF SHERBR
OOKE LAKES OF SHERBR
FOR SALE37 ACRE MIXED USE – COMMERCIAL DEVELOPMENT SITE
WESTERN PALM BEACH COUNTY, FLORIDA
Martin CountyPalm Beach County
Palm Beach CountyBroward County
Boca RatonAirport
FLO
RIDA
TURN
PIKE
MIL
ITAR
YTR
AIL
MIL
ITAR
YTR
AIL
CONG
RESS
AVE
OLD
DIXI
EHW
Y
INDIANTOWN RD
PGA BLVD
OKEECHOBEE RD
S.R. 98/80
S.R. 710
SOUTHERN BLVD
FOREST HILL BLVD
LAKE WORTH RD
BOYNTON BEACH BLVD
PALMETTO PARK RD
ATLANTIC AVE
LINTON BLVD
45TH ST.
North County Airport
Loxahachee NationalWildlife RefugeConservation Area
1
441
1
A1A
CLINT MOORE RD
Port ofPalm Beach
AtlanticOcean
N
704
YAMATO RD
GLADES RD
HERON BLVD
PALM BEACH LAKES BLVD
OLDDIXIE
HWY
LAKEWORTH
BOYNTONBEACH
DELRAYBEACH
BOCARATON Federal Hwy
Corridor
PALMBEACHGARDENS
Palm BeachInternationalAirport
DONALD RD
HOOD RD
JUPITER
FLO
RIDA
TURN
PIKE
LantanaAirport
441
S.R.
7
A1A
WEST PALM BEACH
PALMBEACH
95
95
95
ROSS
BLUE
ROYAL PALM BEACH
WELLINGTON
Palm Beach County
Subject
ATLANTIC WESTERN REALTY CORPORATION3500 FAIRLANE FARMS ROAD, SUITE 9, WELLINGTON, FL 33414
561-832-3400www.atlantic-western.com
NOTE: This offering subject to errors, omissions, prior sale or withdrawal without notice. Printed by NML 1-800-327-5770 NML 217222-X
The 37 acre Gulfstream Polo Mixed Use Site is situated at the former entrance to Gulfstream Polo Club, which is currently beingdeveloped by Divosta and Pulte Homes. With approximately 1,280’ of frontage along Lake Worth Rd. the Gulfstream Polo MixedUse Development Site is located at the southwest intersection of the new Polo Rd., just west of the Turnpike interchange, andalong the primary commuter gateway into/from Wellington. This offering represents the largest mixed-use development tractcurrently available for sale and near term development, in one of Palm Beach County’s highest growth and demographic areas.