SVN COMMERCIAL REAL ESTATE UPDATE | |
DISCOVERY LAND COMPANY'S NEW RESIDENTIAL DEVELOPMENT
Major residential development project, "Atlantic Fields", moves forward on the existing Hobe Sound Polo Club in rural Martin County. This $1.6 Billion Dollar project is expected to be the first to take advantage of this new land use. Atlantic Fields, previously zoned as horticulture, is an approximately 1,530-acre site located on the north side of SE Bridge Road and 1 mile east of the I-95 interchange.
Atlantic Fields will include 317 homes on fewer than 420 acres of land. The remainder of the 2,300-acre landholdings will be dedicated to permanent recreation, agricultural preservation, and open-space conservation. For more information, please click HERE
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PRIVATE DEVELOPMENTS UNDERWAY | |
HOBE SOUND VILLAGE
STILL UNDER REVIEW BY CITY
Hobe Sound Village will be comprised of 16 Row houses, 77 condominiums, a 105-room hotel with a spa and wellness and business center, and a 12,000-square-foot office building. Located at the southwest corner of US 1 and Bridge Road, one stoplight from the Jupiter Island Beaches.
No renderings are available at this time.
Click Here to Learn More
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HOBE SOUND VILLAGE DUPLEXES
STILL UNDER REVIEW BY CITY
Minor final site plan is still under review to develop eight duplex buildings that will consist of sixteen single-family units. The approximately 2.15-acre undeveloped site is generally located south of SE Mars Street, north of SE Neptune Street, approximately 260 feet west of SE Federal Highway, in Hobe Sound.
No renderings are available at this time.
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THE PRESERVE AT HOBE SOUND
STILL UNDER REVIEW BY CITY
Master/final site plan approval for a 13-lot single-family detached residential development on an approximately 51.20-acre undeveloped parcel. The site is located east of SE Gomez Avenue, west of the Indian River Lagoon, approximately 0.6 miles north of SE Osprey Street, directly north of the existing Loblolly Bay development in Hobe Sound.
No renderings are available at this time.
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PALMS OF HOBE SOUND
STILL UNDER REVIEW BY CITY
Palms of Hobe Sound, LLC is seeking approval to develop 39 detached single-family lots. The approximately 19.44-acre property includes two parcels located on the west side of SE Gomez approximately 2 miles north of Bridge Road at 9450 SE Gomez Avenue in Hobe Sound.
No renderings are available at this time.
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TRADEWINDS RESIDENTIAL DEVELOPMENT
Construction is underway on the new state-of-the-art apartment complex called 'Tradewinds of Hobe Sound'. The project is located along U.S. Highway 1 and Dixie Highway and will feature 177 one-, two- and three-bedroom units with a clubhouse, fitness room, pool and other amenities.
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THE COVE
Construction is underway to develop 38 townhomes and associated infrastructure on approximately 4.88-acres located on SE Rohl Way and 150 feet west of SE Dixie Highway.
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FOR SALE
AUTO ART GALLERY HOBE SOUND
Brand new private luxury condos in Hobe Sound for cars, toys, wine, art, and more. Each 1,633+ condo will include advanced temperature and humidity controls, a bathroom, and epoxy floors. Also included is a mezzanine which can be used as a lounge area or for extra storage. This property is located south of Bridge Road and east of A1A/SE Dixie Hwy.
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THE RANCH HOBE SOUND
The Ranch will include two 18-hole courses that will occupy one section of a massive property of just under 4,000 acres. Located 10 miles west of Hobe Sound, the land was previously used as a cattle ranch, and 90 percent of the acquired property will be preserved as open space with more than 65 percent designated for agriculture and the grazing of some 800 head of inherited cattle.
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HARMONY RANCH BY DIVOSTA
STILL UNDER REVIEW BY CITY
Current proposal is underway for Harmony Ranch on 420 acres proposing to bring approximately 2,400 new homes directly across I-95 and Florida's Turnpike from the subject property. Master site plan approval for a mixed-use development consisting of 4,000 residential units and approximately 825,000 sq. ft. of non-residential uses. The subject site is approximately 2,716 acres located on all sides of the intersection of SW Pratt Whitney Road and SW Bridge Road approximately 1.5 miles west of the Florida Turnpike and Interstate I-95 in western Hobe Sound.
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MCARTHUR GOLF CLUB ADDS SECOND COURSE
Final site plan was approved to add an 18 hole golf course to the existing McArthur Golf Club. The approximate 518 acre parcel is located west of the existing golf club and will add to the approximate 456 developed acres located west of US Highway One at the intersection of SE Osprey Street in Hobe Sound.
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FORTY-UNIT LUXURY CAR CONDOMINIUM DEVELOPMENT SITE
The property is located at 7750 Bridge Rd in Hobe Sound and currently under review for a gated 51,000-square foot, 40-unit indoor, air-conditioned, luxury car condominium. Additional permitted uses include hotel and self-storage.This industrial parcel is located on the south side of Bridge Road, just 1.5± miles west of Federal Highway, and 5 miles east of I-95. Close proximity to the upcoming development, Atlantic Fields, which will include 317 homes and an 18-hole golf course, and Grove XIII, Michael Jordan's private, luxury golf course that sits on a former citrus grove adjacent to Atlantic Ridge State Park.
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Want to Know Your Property's Value in Today's Market? Is Now the Time to Sell?
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Caliber Car Wash is coming to Hobe Sound.The proposed development includes a 3,700 square foot tunnel car wash and associated infrastructure on an approximate 1.41-acre parcel of land located at 11525 SE Federal Highway in Hobe Sound and within the Hobe Sound CRA. Construction is underway.
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The Hobe Sound Tennis Center will include 12 tennis courts, a swimming pool and an 8,590 sf clubhouse with other amenities such as a yoga studio and gym, according to site plans.
The 9-acre tennis club will be built on the east side of U.S.1 just north of Southeast Constitution Boulevard and Dollar General.
Click Here to Learn More
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Sound Brewing, will be a new microbrewery located at 9126 SE Bridge Road in Hobe Sound. The new site sits on .28 acres and 300 feet west of SE Dixie Hwy. Construction is underway and completion time is tbd.
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Project LIFT Hobe Sound is expected to open in summer 2024. Award winning non-profit project LIFT is expanding its innovative mental health and vocational training programs to Southern Martin County, with a new 9,305 square foot site located at Bridge Road and Lantana Avenue in Hobe Sound.
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PLANS APPROVED FOR TWO NEW WAREHOUSES IN HOBE SOUND COMMERCE PARK
Final site approval has been granted to develop two warehouse buildings totaling approximately 9,900 square feet, and associated infrastructure. The 0.63 acre undeveloped site is located on the east side of SE Suzanne drive approximately 515 feet south of Bridge Rd in Hobe Sound within the Hobe Sound Commerce Park. No renderings are available at this time.
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HOBE SOUND STORAGE FACILITY
STILL UNDER REVIEW BY CITY
Final site plan is seeking approval for construction of a 3-story, approximately 93,850 square foot self-storage facility. The property is located east of SE Federal Highway approximately 0.28 miles south of SE Heritage Boulevard, south of the Bethel Lutheran Church in Hobe Sound.
No renderings are available at this time.
Click Here to Learn More
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SURROUNDING DEVELOPMENTS UNDERWAY | |
Robert Hamman
SVN | Waterfront Commercial Realty
Managing Partner
Cell: 561-346-2310
Email: [email protected]
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Kaitlyn Baney
SVN | Waterfront Commercial Realty
Associate Advisor
Cell: 561-307-0538
Email: [email protected]
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Carey Sweetser
SVN | Waterfront Commercial Realty
Chief of Staff
Direct: 561-340-0827
Email: [email protected]
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