Tuesday, February 4, 2014

West Palm Beach gives tentative approval to massive Rybovich... | www.mypalmbeachpost.com

Six new towers get the initial go ahead along North Flagler Drive in West Palm Beach. The project is billed as one that will help Northwood and Broadway corridor, which is need of a boost. But will six tours perched on their own parking garages be the solution? Click title for link. Here is a bit about the large scope of the project.
The joint project by Huizenga Holdings — which owns Rybovich — and the Related Group would comprise 1,000 residences in six 25- to 30-story towers, along with more than 15,000 square feet of restaurants, 61,500 square feet of offices and 10,000 square feet of retail operations, as well as a beach club, a boat dock and six mega-yacht slips.
And...
Developers have said the project would generate 964 jobs and an economic impact of $153 million. They project that construction would generate $3.8 million in permitting and other fees to the city and $7 million to the county and school board, and would generate $3.4 million and $5.8 million, respectively, per year after that.
While 25 and 30 story towers clearly qualify as "high rise", I still assert that 6 story buildings are not "high rise" buildings.