Builder plans townhouses in Royal Palm Beach
Royal Palm Beach property slated for 93 townhouses. Photo courtesy CREC.
Nearly 100 townhouses could be built on a vacant lot near State Road 7 in Royal Palm Beach.
Miami builder Luxcom paid $4.7 million for the 13-acre site at 9919 Pioneer Road. The property is approved for 93 units, according to Peter Mekras, the broker who handled the sale of the property.
No word on how much townhouses will cost or when construction will start, but LuxCom last month took out an $11.7 million construction loan on the property.