WEST BOCA HOMES FOR SALE

Friday, June 3, 2016

THINGS THEY ARE A-CHANGIN’ ON PALM BEACH'S ROYAL POINCIANA WAY

The owners of the 1.3 acre Testa property on Royal Palm Way, the Frisbees, are looking to buy the .8-acre site at the east end of the block between Royal Poinciana Way and Sunset Avenue. They will redevelop the Testa properties and the adjacent four parcels that include Nick and Johnnie’s restaurant, Evelyn & Arthur’s clothing store, Eyes on the Island, the Palm Beach Book Store, Classic Collections boutique, a via and one apartment, owned by Vesenaz Inc. Closing for these properties is planned for Friday.

It will be interesting to watch the revitalization of this well-known area. Several of these buildings are landmarked and would need approval for any changes from the Landmarks Preservation Commission. That includes two Arte Moderne-style buildings, Evenly and Arthur at 100 North County Road, and the Classic Collections building at 118 North County Road. Nick & Johnnie’s façade is also landmarked.

Other property owners on Royal Poinciana Way, adjacent to Testa's, have been asked if they would be interested in selling their properties. Two have said no but they are interested in the new developments that are coming. These owners have been approached by others, including The Breakers, owners of the old Palm Beach Daily News building at 265 Royal Poinciana Way, who at this time do not plan to sell but would consider buying.

With Town Council approval received, the redevelopment of the Testa site will include a new restaurant, shops, luxury condominiums and underground parking. This is a pretty area, exuding Palm Beach‘s glamourous luxe feeling and relaxed environment. The forthcoming condominiums will be sold quickly, in this highly desirable neighborhood.

Will keep the readership advised of developments. Stay tuned.

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A NEW THOUGHT?

It's early morning, you just had coffee. Step onto the patio and swim for a half hour. Then sit in the sun a while.

Head over to the beach and ocean, and sit and watch the waves and boats go by. Then to Max's Grille in Mizner Park to meet friends for lunch. Afterwards,walk along and stop to shop in your favorite boutique. Check out the exibits at the Boca Museum.

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Be aware that inventories are low and with the most visitors ever this year to Palm Beach County, properties are flying off the market. If you see a property that "fits"your criteria, look at it closely and make your offer or it may be under contract by another buyer the following week.

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