Positioning downtown Jaguar dealership for development

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Jaguar Palm Beach, the prominently located dealership at Okeechobee Boulevard and South Dixie Highway, has asked the city to include the property within the city’s Downtown Master Plan. Myers Auto Group LLC, which owns the 2.5-acre property, wants to rezone it to allow a 15-story, 421-unit condo tower.

There are no immediate plans to develop such a building, but a lawyer for the company said owner Stephen Myers wants to position the property so that, should he sell it five or more years from now, a prospective buyer will have more certainty about what can be built there.

The site, with a 53,563-square-foot building sits just outside the Downtown Master Plan boundaries and under current zoning the site would allow 80,000 square feet. If the requested change were approved, the owner would be entitled to build a 402,000-square-foot tower.

The site borders the Woodlawn Cemetery to the south but other properties near it are within the Downtown Masterplan and are zoned to allow buildings from 20 to 25 stories, said Joseph Verdone, certified planner and government consultant for Myers Auto Group.

…More details coming in the Palm Beach Post later this week….