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Hotel Development Opportunity in West Palm Beach

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Hotel Development Opportunity!!

•  Lot / Land - $7,500,000 - Drastically Reduced!

 

 -  Well located development opportunity in Downtown West Palm Beach. Property was originally approved for a mixed use development project with increased floor area ratios and transferable development rights and was subsequently approved for a 268-room hotel including a 453-car parking garage and 12,000 square feet of retail. The site is currently being utilized by the City of West Palm Beach as a municipal parking lot. Site plan approvals can be extended. Ideally located between Clematis Street, S Dixie Highway and Datura Street. The area is ready for a great hotel! BRING ALL OFFERS!!!!

 

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