561-662-2624
SW Citrus Blvd @ Florida's Turnpike, Palm City, FL for Sale
Commercial LAND - FOR SALE
1/5
11,761,200 SF

SW Citrus Blvd @ Florida's Turnpike
Palm City, FL 34990


HIGHLIGHTS

  • 270 net acres of land with entitlements to support 2,000,000 square feet of industrial, office, hotel, retail, multifamily, and flex space.
  • Developer will entertain multiple block sales, however individual tracts range from 5-13 acres, providing diverse development options.
  • Master site plan in-place, final site plan approval by administrative order only so long as adhering to the zoning requirements.
  • Off-Site storm water retention and improvements accounted for, allowing for seamless construction timelines.
  • One of the lowest economic tax bases on the Treasure Coast, resulting in reduced operating costs and improved long-term cash flow.
  • Anchor business in a bustling town center with nearly 300,000 square feet of retail, office space, and restaurants.

OVERVIEW

Reflecting the small-town sensitivities of Martin County, Florida, Newfield’s vision was carefully created to appeal to the tastes and priorities popular among demographics as diverse as retirees, mature and young families, millennials, and Gen Z. Those attributes include a return to traditional neighborhood structure and organization, pedestrian-friendly conveniences, lively and inviting downtown atmospheres, and publicly accessible unspoiled, natural environments. With 270 net acres entitled to support up to 2,000,000 square feet of industrial, office, hotel, retail, multifamily, and flex space, opportunities are endless. With individual tracts ranging from 5 to 13 acres, the developer will entertain multiple block sales, providing flexibility for projects of varying sizes and user types. Off-site stormwater retention and required infrastructure improvements have already been accounted for, helping streamline the development process. A master site plan is in place, and final site plan approval can be obtained by administrative order, provided development adheres to existing zoning requirements, creating a rare opportunity for efficient delivery. Newfield is the largest mixed-use project approved in Martin County in more than 40 years. To the surprise of many observers, the famously slow-growth county embraced the vision put forth by original landowner and nationally known economic journalist Knight Kiplinger. The emphasis on open-space preservation, walkability, interaction, and a natural outgrowth of culture creates a community unlike any other in the Treasure Coast. Delivering an Old Florida Town with walkable neighborhoods, Newfield offers a wide variety of homes, a robust downtown center, and a workplace district moments away. Newfield is specifically designed to create an overall environment that harmonizes daily life, work, culture, and nature.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Newfield - Workplace District

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Industrial, Retail, Office, Multi-Family, Apartment Units, Distribution, Hospital, Hotel, Warehouse

LAND ACRES

270 AC

LAND SF

11,761,200 SF

OFFSITE IMPROVEMENTS

-

ZONING

PUD-C

APN/PARCEL ID

03-38-40-000-000-0006.0-7-0000

ASK ABOUT THIS PROPERTY

Michael FalkColliersMore Info
561-662-2624

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Michael FalkColliersMore Info
561-662-2624

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.