The first multi-family building permits since November 2014 were issued by Palm Coast last week. The Palms at Town Center will have 88 apartment units in three buildings, three-story high each, plus a clubhouse, a pool, a dog park, and a nature path. It will be located at the southeast corner of Central Avenue and Bulldog Drive in the Town Center Innovation District. It will not be age-restricted. (See the previous story here.)
The Palms shouldn’t be confused with another, much larger apartment complex soon to go up within sight of it: The Venue at Town center, a five-building, 233-unit complex on 27 acres along Central Avenue, east of Epic Theaters. The complex will include four three-story apartment buildings, one four-story building and a clubhouse. The maximum height will be 80 feet.
“The City Council created the Innovation District in 2018 as a way to refocus development interest in Town Center, which is within our Community Redevelopment Area,” said Wynn Newingham, Head of Innovation & Economic Growth for the City. “The vision for Town Center is a mix of forward-thinking residential and non-residential developments in the area around Central Park. The Palms at Town Center is a perfect fit, and we welcome them to Palm Coast.”
As a qualified applicant to the City’s new Innovation Kick Start Program, The Palms at Town Center is eligible for a major break on utility impact fees that will reduce overall development costs. The impact fee credit through the Kick Start Program is based on the number of units ($5,000 per residential unit or $5,000 per 1,000 square feet for commercial). The project is earning a total of $440,000 in utility impact fee credits. The Palms project is also eligible for transportation impact fee credits provided by Allete Properties, LLC, the parent developer of Town Center.
The Housing Trust Group, based in Coconut Grove in South Florida, applied for site plan approval in August 2018.
Four separate permits were issued:
- 4,614 SF Clubhouse with a contractor stated value of $384,000. Impact and other fees paid total $4,859.90.
- Building #1, 3-story apartment building with 26 units with a stated construction value of $2,400,000. Impact and other fees paid total $72,463.70.
- Building #2, 3-story apartment building with 26 units with a stated construction value of $2,035,000. Impact and other fees paid total $69,129.12.
- Building #3, 3-story apartment building with 36 units with a stated construction value of $3,185,000. Impact and other fees paid total $98,803.97.
For Palm Coast, the city plans to build on the Innovation District vision by leveraging proximity, density, and character authenticity to foster it to become an experiential-living hub where our residents can live, work and play. Town Center is 17-percent developed so far, with existing development including the Target shopping center, the Publix shopping center, an office building, Epic Theatres of Palm Coast, professional office buildings, the Palm Coast Arts Foundation, senior apartments, townhouses, and Palm Coast City Hall. At the core of it all is Central Park with a lake, center stage for special events, and a walking path that connects to Palm Coast’s trail system.
Douglas Property and Development is representing Allete Properties, the developer of both Town Center and Palm Coast Park, in the disposition of its remaining assets. Since Douglas stepped in about two years ago, nearly all the land in Palm Coast Park has been sold or put under contract. Douglas Property and Development is also the developer of Grand Landings, a master-planned community off Seminole Woods Blvd south of the Flagler Executive Airport. Grand Landings will have 748 residential units and 150,000 square feet of commercial space upon buildout.
–Toby Tobin, GoToby.com, and FlaglerLive
really says
GL cant wait to see it from afar
Bobby says
Good bye quiet living in Palm Coast. Apartment buildings will bring crime, traffic and litter. Palm Coast will no longer be the beautiful quiet town that it is.
oldtimer says
Will they be affordable to the average income in Palm Coast?
FLF says
Which units will be low income housing so everyone can benefit from the new construction?
Doug says
Palm Coast is the biggest sh*thole next to Pompano Beach, FL
mark101 says
” The Palms shouldn’t be confused with another, much larger apartment complex soon to go up within sight of it: The Venue at Town center, a five-building, 233-unit complex” SO what happened to the “1st Building Permits for Apartments in Nearly 5 Years”, if this 233 -unit is soon to go up.
long timer says
With all these apartments in an area that was originally designed to be retail and commercial….. how long before it will be unsafe to walk around the area and lake
Derrick Redder says
There goes the neighborhood folks.
Last one out please turn off the lights. Ah who cares by that time this will be a Sanctuary City.
Em Ell says
Hoping it’s not low income like every other apartments here. No reason to have such amenities for low income housing like the pool, putting green, and car wash station at the complex behind the Flagler beach publix. If you can’t afford it here then go somewhere else.
The original woody says
let’s see, the Venue with 233 units with 5 people packed in comes out to 1,165 new resident’s yee haa.
Alonzo Hudson says
It is growth. Will it get out of hand? Is it controlled? We will c what will happen soon. If it is controlled good, if not heavy traffic and so on. Is there enough people to fill the appartments?
Callthemasiseethem says
I think it would be interesting to find out how many of the elected officials as well as unelected bureaucrats that have encouraged building low rent apartments in Town Center are actually homeowners in Palm Coast. If you don’t have a vested interest in our community why should you be allowed to make such decisions?
thomas says
Why in the world is the county giving away $440,000 in impact fees to the developer.Sounds very suspicious.
Jimmyg says
Wow, here come the hoods!! More drugs, prostitution, scumbags haven in palm coast! Im sure it will have some top quailty section 8 citizens! Thanks palm coast for ruining my retirment dreams!
Stretchem says
I think this is great! Absolutely spectacular for south Palm Coast. NOW bigger business will come. NOW younger, smarter people will stay and/or come to the area. NOW Palm Coast can move forward from the old folks mentality.
A massive housing collapse is coming, again. You can’t possibly think that $150k homes should sell for $300k forever. The market will correct itself. Always does. People are forced to live far beyond their means, primarily due to extreme and unrealistic housing costs.
Rick Belhumeur says
I don’t know about the rest of you, but I lived in apartments up until the time that I got married. Young people have to live somewhere too. We desperately need descent, affordable, work force housing in this county.
Sandra says
The town needs a town green or downtown type, something similar to Daytona’s
New ONE DAYTONA with luxury theatres and shopping. Something to do here.
palmcoaster says
My experience regarding affordable rentals for low income people in service, retail and hospitality businesses around us is in great need. I visited the Madison Garden apartments next to the Chevy dealer in Rte 100 and found it very well kept and maintained its common areas was very neat. Then I called the office asking how much their one bedroom and two bedroom units lease was and they told me $585 and $685 a month but there was no vacancy currently as was a 2 years wait for the one bedroom and 6 months waiting list for the 2 bedrooms with no guaranty of that time frame availability. The need shows.
Most jobs available in Palm Coast are entry level pay minimum wage and some based on tips. Young people in these jobs rent houses and then sublet to room mates to be able to afford the lease. These are mostly slum lord rentals with total lack of maintenance, no mowing and trimming. no exterior walls repaint or pressure washed, a multitude of cars parked in the street or lawn given that groups of people reside in a originally intended one single family home. The numerous or careless tenants pile up their additional personal items in front porches (like one in Farragut Drive) has two old grills, one old decrepit table and several more items “decorating her front porch” and table and chairs in the carport while the whole exterior of the house is extremely stained with black mold and needs paint. The landlords don’t care and next door neighbors are afraid to call code enforcement for retaliation concern from the tenants. These cases abound in Palm Coast as mentioned by a lady complaining about this issue of blight on rentals supposedly regulated by the city but maintenance not demanded by code enforcement in yesterday’s city council meeting with the mayor not responding to hers and other citizens 3 minutes pleas. I believe code enforcement has its hands tide by Florida law in some cases and takes a long time to resolve issues given the many notices and code board appearance required before costly fines can be given to the owners. Blight in areas of the F section and some hoarder houses in the Country Club neighborhood off Cerrudo Lane are a disgrace to us all.
palmcoaster says
I do not agree on the impact fees exemption of $440,000 to the wealthy Coconut Grove South Florida developer. Are we local taxpayers forced to fund those fees then? If so, the 2018 Hollands Town Center Innovation district is too costly to the existing residents.
ConstantlyAmazed says
This figures. You know all those horror stories that come out of Orlando within apartment complexes well I have a feeling we will be getting a front row seat right here in “SHOW ME THE MONEY” Palm Coast.
Arnold says
Time to sell the house for a good price and move out of PC. Its been nice for the past 20 years. But now its becoming nearly as bad as parts of Orlando. Found a nice area over on the West coast…Quiet, no Bike Weeks…No Race Week….No Spring Break….No Bicycles on the roads… just QUIET .
Bye
Alphonse Abonte says
Palm Coast was meant to be a city of 225,000 people and 750,000 in Flagler county. This is happening probably faster than predicted. Better get on board or you will be left behind, or you can move out of the area to make room for the people who see change as a good thing.
Concerned Citizen says
@ EmEll
Your attitude is very judgemental and saddening.
Having current maintenance experience with commercial and residential properties not all “low income” housing are slums. Some folks like law Enforcement, Fire Fighters, Teachers and new Nurses don’t make a lot of money starting their careers.
I know first hand. When I came out of the Airforce and went to work for our Sheriff’s Office I think I started somewhere around 24 to 25K. And I supplemented income with Air National Guard pay. Things got slightly better when I moved to the Fire Department but I still needed a part time job.
So I ask you how does someone not meeting your income requirements need to move elsewhere? By your reckoning half the city would be gone. I guess that would suit you though so you and your high income friends can have their get togethers unaffected by us low income types.
Outside Looking Out says
GET OUT WHILE YOU CAN. If you think Flagler county & Palm Coast are going to be a place to retire, you’d better think again. If you think you can make a living and raise a family, you’d better think again. There are no decent jobs for anyone trying to maintain a family. The school system stinks. There’s nothing for young people to do. There’s no affordable housing. County and city administrators are crooked and paid off and care nothing about their citizens. Crimes and drugs are going rampant. The whole place is full of upper east coast assholes who are here for the cheap taxes, think that everyone here is ignorant and below them and expect to be serviced by lower class people who owe them a load of thanks for being here.
Thank God, I sold out last year and got the hell out.
I love getting on here and seeing the same old arrogant posters who think their opinions are the only ones that matter. I laugh.
Serious Need says
High school grads and college grads also need affordable housing. This fits the bill. This is a good plan and small businesses will spring up, and eventually bigger businesses if PC can keep its younger population here in affordable homes. Not everyone can afford 250-550k homes and for those of you who can, yay for you, but the younger people need homes too.
David S. says
Outside you are so right. Can’t wait to get out of here Georgia here we come hopefully sooner than later…..
Marion Rocco says
I’m really still interested in some info on the 88 apartment units next to the Epic movie theater in Palm Coast.
I will be selling my 2500 square foot home and am seriously looking to downsize…love the idea of apartment living. Please respond to me via my email address or phone.
[email protected]
386-447-5440. Marion Rocco. Thank you kindly.