FOR SALE 37 ACRE MIXED USE – COMMERCIAL …€¦ · for sale 37 acre mixed use – commercial...

4
FLORIDA TURNPIKE US 441/SR 7 LYONS RD. SCHOOL BOARD EXPANSION SITE WOODLANDS MIDDLE SHOOL FDOT WELLINGTON OLYMPIA WELLINGTON GREEN 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 WELLINGT UB ON WELLINGT MPIA Y OL LY ALL GREEN M ON WELLINGT MPIA Subje ect G G ITE TE FUTURE POL O RD L LO LAKES OF SHERBROOKE LAKES OF SHERBR FOR SALE 37 ACRE MIXED USE – COMMERCIAL DEVELOPMENT SITE WESTERN PALM BEACH COUNTY, FLORIDA ATLANTIC WESTERN REALTY CORPORATION 3500 FAIRLANE FARMS ROAD, SUITE 9, WELLINGTON, FL 33414 561-832-3400 www.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 being developed by Divosta and Pulte Homes. With approximately 1,280’ of frontage along Lake Worth Rd. the Gulfstream Polo Mixed Use Development Site is located at the southwest intersection of the new Polo Rd., just west of the Turnpike interchange, and along the primary commuter gateway into/from Wellington. This offering represents the largest mixed-use development tract currently available for sale and near term development, in one of Palm Beach County’s highest growth and demographic areas.

Transcript of FOR SALE 37 ACRE MIXED USE – COMMERCIAL …€¦ · for sale 37 acre mixed use – commercial...

Page 1: FOR SALE 37 ACRE MIXED USE – COMMERCIAL …€¦ · for sale 37 acre mixed use – commercial development site western palm beach county, florida palm beach county palm beach county

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.

Page 2: FOR SALE 37 ACRE MIXED USE – COMMERCIAL …€¦ · for sale 37 acre mixed use – commercial development site western palm beach county, florida palm beach county palm beach county

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]

Page 3: FOR SALE 37 ACRE MIXED USE – COMMERCIAL …€¦ · for sale 37 acre mixed use – commercial development site western palm beach county, florida palm beach county palm beach county

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]

Page 4: FOR SALE 37 ACRE MIXED USE – COMMERCIAL …€¦ · for sale 37 acre mixed use – commercial development site western palm beach county, florida palm beach county palm beach county

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.