A VERY STYLIN’ STREET
One – and done. For now. The much-anticipated makeover of the 300 block of Clematis was unveiled on November 1 before a crowd of more than 300 enthusiastic downtown stakeholders. Slimmed-down lanes slow the traffic, dove-gray, stain-resistant pavers have replaced the asphalt pavement making the block much cooler – yup, both meanings. Wide sidewalks give everyone more elbow room and the curbless design makes the block more adaptable to events. There are 15 new Live Oak trees to shade pedestrians and outdoor diners, plus curved, custom benches positioned beneath them. The forward-thinking design was led by Victor Brandon Dover at Dover, Kohl and Partners and the project was managed by the West Palm Beach CRA’s Allison Justice and the City Engineering Department’s Erik Ferguson. The goal was to create a beautiful public space that will attract people, recognizing the way we interact with each other and with our stores and restaurants. Thumbs are up all over town. We love the new look.
The astonishing success of The Bristol has propelled major interest in potential development parcels on Flagler Drive. A new luxury condo project is getting ready to rise on the old 1515 So. Flagler lot – remember the dramatic implosion of the hurricane-ravaged building in 2010? The gorgeous, 25-story La Clara will replace it on the 2.5-acre lot. Designed by starchitect Siamak Hariri, it will offer just 84 units ranging from 1,500 to over 3,000 sq. ft., with the most modern condo amenities offered anywhere in the world, starting with unbeatable views of the Intracoastal, Everglades Island, Palm Beach and the ocean. Don’t talk to us about price. Luxury real estate on Flagler Drive is rising faster than the sun each day. All we can say is… it’s worth it. www.LaClaraPalmBeach.com
If you’re living in one of the two Alexander Living apartment buildings Downtown, you’ll soon be sending your rent checks to a new landlord. National real estate investor AvalonBay Communities recognizes the value of Downtown WPB properties and just paid $103 million for both the six-story, 85-unit Alexander Lofts and 20-story, 205-unit The Alexander from developers Ram Realty and Kolter Urban. AvalonBay manages properties nationwide, but this is just their second purchase in Florida. Investors see that this is a very hot market, and we’re not talking daytime temps.