Beacon Park
Commercial
Beacon Park is a land holding of approximately 64 acres at the I-95 and Indiantown Road interchange in Jupiter, one of the most supply constrained markets in northern Palm Beach County. The property spans both sides of Island Way, just south of Jupiter Community Park and west of Limestone Creek Road. It offers immediate interstate access in a market where large, developable parcels are increasingly rare.
The site was originally planned for nonresidential uses, including a hotel. Recognizing deep demand for new housing in Jupiter, we led an effort with the Town of Jupiter to amend the property’s Future Land Use and Zoning designations to allow residential development. That repositioning unlocked a new residential community with a national homebuilder and substantially increased the value of the land for our partners.
The project reflects our approach of finding the highest and best use for well-located land and creating value through entitlements.
The site was originally planned for nonresidential uses, including a hotel. Recognizing deep demand for new housing in Jupiter, we led an effort with the Town of Jupiter to amend the property’s Future Land Use and Zoning designations to allow residential development. That repositioning unlocked a new residential community with a national homebuilder and substantially increased the value of the land for our partners.
The project reflects our approach of finding the highest and best use for well-located land and creating value through entitlements.