The Planning & Zoning board in Juno Beach unanimously supported a temporary halt on new development applications for multifamily, mixed-use, and commercial projects. However, this will not affect any already approved but yet to be built commercial real estate developments.
If the city council approves it, the moratorium will last either one year or until the completion of Juno Beach’s Community Vision and Master Plan process – whichever comes first. The goal of this pause is to give council members more time to work with Treasure Coast Regional Planning Council in creating a new master plan that can effectively manage development while preserving the town’s small seaside charm.
According to South Florida Business Journal , developers from South Florida have been seeking opportunities for growth across all three counties by constructing luxury apartments, condos and homes for affluent individuals who are moving into the region from other parts of America as well as around world.
In summary:
Juno Beach’s Planning & Zoning board has unanimously approved a temporary stoppage on new multifamily, mixed-use and commercial development applications. This does not apply to already approved but unbuilt projects. If passed by city council,the moratorium will last one year or until completion of Community Vision and Master Plan process with Treasure Coast Regional Planning Council.This aims at giving more time for formulating an effective master plan that preserves Juno Beach’s small seaside character while controlling development.The area has seen increased interest from developers looking towards building high-end residential properties due influx wealthy individuals relocating here from various parts within US&abroad.South Florida Business Journal reports these trends across tri-county area.