The Coastal Star

Boynton Beach: Prime Catch owner says mangrove property swapped for parking

By Jane Smith

The Riverwalk Plaza renovation continues to inch forward.
In late March, the Prime Catch restaurant owner traded a small mangrove strip along the Intracoastal Waterway for 50 guaranteed parking spaces for his patrons in the renovated Riverwalk Plaza.
“The deal is done,” said Luke Therien, whose family owns Prime Catch. “We were sure it would happen. It was just a question of when.”
As of April 3, the exchange was not recorded in the county property records.
Riverwalk Plaza sits at the southwestern base of the Woolbright Road Bridge in Boynton Beach.
After the Winn-Dixie grocery store left the plaza in January 2015, the owners sought land-use and zoning changes for a 10-story apartment complex.
The controversial building — with 326 units and 41,976 square feet of retail space — was approved in January 2017. Construction work for the renovated outparcel buildings is underway. The renovated space will house two restaurants currently in other locations within the plaza: Bond & Smolders and Sushi Simon.
Shaul Rikman, founder and CEO of Isram Realty, which owns Riverwalk Plaza, could not be reached for comment.
The owners of Josie’s Ristorante in Riverwalk questioned Prime Catch’s deal for parking spaces. The Setticasi family said their lease gives them first dibs on the parking in Riverwalk and does not allow for cross agreements.
Isram agreed in February that it could not pay to buy out the 10 years remaining on the restaurant’s lease, Stephanie Setticasi said.
The firm planned to build around the restaurant, Setticasi said.
As of April 2, no updated designs were submitted to the city’s Planning & Zoning Division.

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