PALM BAY — The Emerald Lakes development in southeast Palm Bay got the green light June 21 to establish a Community Development District, which is the first step in a plan to build 3,760 residential units, 2.8 million square feet of commercial and retail space, and 700 hotel rooms.
“This is the beginning of how we will be working on financing and building the infrastructure and maintaining the site,” said Brenda Yates, planner for Emerald Lakes. “Our next step is to complete the Development and Environmental Permit process through the various agencies through 2018. Land development, and road and utility infrastructure will begin shortly thereafter.”
Emerald Lakes – located south of Grant Road, north of Micco Road, and bisected by Interstate 95 – encompasses approximately 1,560 acres and is currently vacant land used for cattle grazing.
In its design plans, Emerald Lakes has incorporated features from many successful Florida cities and towns such as Winter Park with walkable neighborhoods, museums and boutique shopping, Lake Eola with a community destination for festivals and concerts, Coral Gables with its mixed-use main street, and St. Augustine for the blending of historical and the natural environment with housing and small businesses.
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Emerald Lakes project gets green light
PALM BAY – The Emerald Lakes development in southeast Palm Bay got the green light June 21 to establish a Community Development District, which is the first step in a plan to build 3,760 residential units, 2.8 million square feet of commercial and retail space, and 700 hotel rooms. “This is the beginning of how we will be working on financing and building the infrastructure and maintaining the site,” said Brenda Yates, planner for Emerald Lakes.