Sunday, July 24, 2011

Condo conundrums: Sales in South End pick up, but glut of outdated units remains

This is part of a series of articles that the Shiny Sheet is doing on the south of Sloan's Curve area on Palm Beach. This area is immediately east of Lake Worth and surrounds our fabled beach property. Many of the residents of this part of Palm Beach use Lake Worth as their commercial area. I've always thought that we have ignored the economic potential of marketing Lake Worth to that area. I find it interesting that the article doesn't mention anything about Lake Worth, other than the fact that the area is served by one road - which aids in the feeling of security. There is no recognition of the re-do of the casino building as a factor that might help with the attractiveness of the area. This is another example of the "wall" - real or perceived - that surrounds Lake Worth. In fact, our city manager mentions that in her budget message and is adding a new position in the Leisure Services department to help with marketing the city. Click title for link to article.

And it looks like this area of Palm Beach has its share of problems with its building stock - and this is something that we should be aware of too.  I have always wondered where all the protest was (there wasn't any) during the time the Beachcomber Motel was demolished and the new condominium built in its place.  The new condo looms over our beach property and those that have such fear and loathing of tall buildings were silent.  Here is a postcard picture of the area before the condominiums and before the area along the east side of the Intracoastal was filled in.