Tuesday, November 28, 2006

Mobile Home Park To Be Turned Into Affordable Palm Beach County Homes

By Mary Damiano

Palm Beach County and Lakeside mobile home park are working together on a plan to replace the park with a development of affordable town homes, condos and apartments.

Lakeside covers about 40 acres of canal-front property south of Okeechobee Boulevard and east of Congress Avenue in West Palm Beach. Lot rentals are less than $400 a month. One of the major hurdles in the plan is to find a way to not displace the park’s residents and to make sure that the new Palm Beach County homes built on the land will be affordable to those now in Lakeside.

Palm Beach County recently passed rules that require developers to make 16 percent of the homes they build affordable, priced between $164,000 and $304,000. Those developers who prefer to opt out must contribute to a land trust fund so the county can acquire property where affordable homes can be built.

While no plans are on the table regarding Lakeside yet, one option that has been discussed is to build more than 100 town homes, condos and apartments with price tags geared toward low and middle income buyers. Those now living in Lakeside would get dibs on the new homes. No plan has yet been decided about where Lakeside residents would live between being displaced from the park and the new development being finished.

If a plan is decided on, the new development will join others in the area, such as West Gate Estates, a neighborhood of single-family West Palm Beach homes for sale; CityPlace Garden, a complex of downtown West Palm Beach condos; and Cityside, a complex of town homes in West Palm Beach. Homes in the area are convenient to the excitement of CityPlace and Clematis Street and all the shopping and dining possibilities in downtown West Palm Beach.

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