‘Space Coast Town Cen­ter’ planned

South Florida Sun-Sentinel (Sunday) - - Local - By Rick Neale Florida To­day

WEST MEL­BOURNE — A Bos­ton de­vel­oper’s vi­sion of build­ing an am­bi­tious “ur­ban vil­lage” of hous­ing, shop­ping and of­fice com­plexes south of U.S. 192 evap­o­rated a decade ago when the real es­tate mar­ket tanked.

Now, drawn by the Space Coast’s boom­ing aerospace in­dus­try, a Mi­ami de­vel­op­ment team has res­ur­rected plans to con­vert cat­tle pas­tures into com­mer­cial prop­er­ties and cre­ate the “Space Coast Town Cen­ter” west of In­ter­state 95.

Vet­eran de­vel­op­ers Edgar Jones and Robert Gor­low are work­ing on the Amer­i­can Dream Mi­ami mega-mall/en­ter­tain­ment com­plex — touted as the largest in the na­tion. They plan to to con­struct

75 hous­ing, re­tail and of­fice build­ings near the St. Johns Her­itage Park­way in West Mel­bourne.

Space Coast Town Cen­ter fi­nal cost:

$200 mil­lion to $300 mil­lion, Jones said. The de­vel­op­ment duo has 160 acres un­der con­tract, and they out­lined the project last month at West Mel­bourne City Hall.

“We are cre­at­ing an amenity-based, mixed-use en­vi­ron­ment which will in­clude hos­pi­tal­ity, of­fice, multi-fam­ily (hous­ing) and re­tail. It’s go­ing to be a place where peo­ple can walk around the lake. We hope to have restau­rants serv­ing the peo­ple who live there, who work there, all within walk­ing dis­tance — not some­thing where you have to hop in the car and go to the next in­ter­change,” Jones said.

Space Coast Town Cen­ter would be bounded by U.S. 192 to the north, Si­mon Road to the west, an oak-lined Mel­bourne Till­man Water Con­trol District canal to the south, and Byrd’s Western Store and a bor­row-pit lake to the east. The prop­erty is bi­sected by the St. Johns Her­itage Park­way, which opened here last Novem­ber.

Jones hopes to start site work, util­ity ex­ten­sions and road work by mid-2019. Af­ter­ward, in­di­vid­ual parcels would be sold to other de­vel­op­ers to con­struct build­ings.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.