An apartment building could be developed in the Centrepark business park in West Palm Beach.
Centrepark Residences LLC, managed by Index Invest in Jupiter, is seeking an amendment to Centrepark’s master plan to allow its project on the 2.2-acre site at 1885 Centrepark Drive East. Half of the property is a parking lot for an office building and the rest is vacant.
There would be a 12-story apartment building of 242,525 square feet with 220 units and 2,330 square feet of retail, plus a 5-story parking garage with 363 spaces.
According to the application, 20% of the units must be workforce housing priced for people making up to 150% of the city’s area median income.
The application received comments from the Plans and Plats Review Committee on Dec. 11 and, once those comments are addressed, it can proceed to the Planning Board and then the City Commission.
Jon Schmdit of planning firm Schmidt Nichols, which represents the developer, couldn’t be reached for comment. The project was designed by MSA Architects.
“Surrounded by a high concentration of office use employers, multifamily residential development will be a complementary use, and has the potential to capture alternative modes of transportation such as walking or biking to work,” the developer stated in the application.
Centrepark Residences bought the property for $2.35 million in September.