- April 19, 2024
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A developer is proposing to add hundreds of new homes and almost 90,000 feet of commercial space to a parcel of land north of the intersection of U.S. 1 and Seminole Woods Boulevard, just southwest of the Integra Woods apartment complex.
A masterplan submitted to the city shows 420 residential units, plus 89,707 square feet of commercial space.
Palm Coast's planning board voted at a June 14 meeting to support a rezoning necessary for the proposed multifamily complex and commercial development, known as Seminole Pointe.
The rezoning adjusts the boundaries of the multifamily and commercial land on the property, making the multifamily section larger. The homes would be horizontal multifamily units such as duplexes and triplexes.
A masterplan submitted to the city shows 420 residential units, plus 89,707 square feet of commercial space.
"We've had multiple different conversations with some potential tenants on the property, and to make sure we've got enough room for the impervious and the storm water and everything, it's necessitating the change to enlarge this commercial area — or rather, consolidate it into one location as opposed to split into two parcels," said attorney Vincent Sullivan, representing the Illinois-based real estate investment company Stonestreet Partners.
The planning board voted 6-0 in favor of the rezoning.
The development would be built on 67.7 acres of vacant land owned by Palm Coast Seminole Group.
The property had, at one point, been zoned as a master planned development, but was rezoned to high-intensity commercial and multifamily residential in 2021.
The multifamily housing will be built first, and is expected to help attract the commercial development, Sullivan said.
Once the developer submits a master site plan or technical site plan, the proposal will undergo an environmental analysis, Palm Coast Environmental Planner Jordan Myers told the board.
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