Re-zoning might give vacant mall near Gulf Stream better shot at development, Boynton hopes.
With hopes fading for a new residential and commercial development at the shabby, vacant strip mall at the northwest corner of Gulfstream Boulevard and Federal Highway, Boynton Beach commissioners have made the property strictly commercial again.
Plans for 166 residences and 19,000 square feet of commercial space, known as Heritage Club, have tanked and property owners Thirty Six Hundred Holdings LLC say the land has a better shot with the new land use and zoning.
“We have received more interest from people for a commercial use,” said James Knight of the Knight Group Real Estate & Development Company, a partner in Thirty Six Hundred. “It certainly wasn’t in our pro-forma or plan to be sitting for this long…. We don’ t have anything imminent that’s a definite done deal.”