Treasure Coast & Palm Beach | Real Estate Blog
New construction at Braman BMW among many projects on Indiantown Road in Jupiter
Land clearing has started for new construction at Braman BMW Jupiter on the north side of Indiantown Road, one of many projects recently finished, ongoing and planned on the town’s main east-west roadway. Plans call for demolition of the existing 16,000-square-foot building for Braman BMW and construction of a new 18,000-square-foot building for sales, service and display. The Braman BMW project is among several others on Indiantown Road in Jupiter (Photo by Bill DiPaolo) Other Indiantown Road projects: Walmart, located just west of Braman BMW, is spending about $12 million to add a grocery store and boost the 128,000-square-foot building just east of Chasewood Plaza on Indiantown Road at Center Street to about 165,000 square feet. Completion is planned in the spring. Walmart adding full grocery ...
Mortgage Rates Inch Back Down to 2014 Low
Fixed mortgage rates for most home loans fell slightly this week to once again hit their 2014 low. The average interest rate on a 30-year fixed mortgage dipped to 4.12% from 4.14% last week, according to the latest survey from mortgage buyer Freddie Mac. It was at 4.40% a year ago. Meanwhile, the average rate on a 15-year fixed loan dropped to 3.24% from 3.27% last week. At this time last year it averaged 3.44%. “Mortgage rates were down slightly amid a week of light economic reports,” Frank E. Nothaft, Freddie Mac vice president and chief economist, said in a statement. “Of the few releases, retail sales were virtually unchanged in July after a 0.2% increase in June, ending five months of increases. Excluding motor vehicles and parts, retail ...
Here is a drone’s view of Jupiter’s Harbourside
With opening planned in October, final touches are being placed on the hotel, marina, public amphitheater, retail stores and sidewalks at the $150 million Harbourside Place in Jupiter. A drone recently took the attached video of the 10-acre site, the former location for the Burt Reynolds & Friends Museum on the northwest corner of Indiantown Road and U.S. 1 in Jupiter. (Drone courtesy of Allied Capital and Development.) HARBOURSIDE PLACE * Wyndham Grand five-story waterfront hotel, with 179 rooms with outdoor pool overlooking Intracoastal Waterway. Enclosed overhead walkway between two buildings. Hotel is 75 feet tall. * Two five-story parking garages with 929 total spaces. Parking will be validated, the same as CityPlace. Retail stores on bottom floors of parking garages. About 70 outdoor parking ...
Chipotle Mexican Grill expected to open in Jupiter’s Chasewood Plaza within 10 days
Workers are putting the finishing touches on the new Chipotle Mexican Grill in Chasewood Plaza. Opening is expected in the next 10 days. The Denver, CO.-based Chipotle has about 1,600 restaurants worldwide. Nearby locations include Palm Beach Gardens, West Palm Beach, Stuart, Boynton Beach, Wellington and Lake Worth. The Chipotle is located next to a new Dunkin’ Donuts that opened last month in the Publix-anchored shopping center on Indiantown Road. The Dunkin’s moved from a different building in Chasewood Plaza into its current location. Hurricane Grill & Wings plans on moving into the old Dunkin’s store. Opening is planned for the end of August. Also planning on opening in the next few weeks in Chasewood Plaza is PetSmart. The store will open in the 14,000-square-foot building that was ...
Mortgage Rates Inch Down Slightly
Fixed mortgage rates for most home loans fell slightly this week to remain near historic lows. The average interest rate on a 30-year fixed mortgage dipped to 4.13% from 4.15% last week, according to the latest survey from mortgage buyer Freddie Mac. It was at 4.37% a year ago. Meanwhile, the average rate on a 15-year fixed loan dropped to 3.23% from 3.24% last week. At this time last year it averaged 3.41%. “Mortgage rates were little changed amid a week of light economic reports,” said Frank E. Nothaft, Freddie Mac vice president and chief economist, said in a statement. “Of the few releases, industrial production rose by 0.2% in June, below the market consensus forecast. Also, the producer price index for final demand rose 0.4% in June, ...
