Developer Submits Third Plan For ‘500 Atlantic’ In Neptune Beach

Number of apartments now down to 199.

A third proposal for the former Kmart property in Neptune Beach, which again reduces the number of apartments in the development, has been submitted to the city.

The development, which is referred to as “500 Atlantic” in the documents, would include 199 apartments in five individual buildings along with 30,000 square feet of retail space. However, there is no timeline for the completion of about a third of that retail space. The proposal says that the complete development will generate an average of 1,830 car trips per day.

The developer is still proposing to largely fund infrastructure improvements, including the installation of an 8-inch sewer main along Forest Avenue and a portion of Florida Boulevard. They say that they will install the line “even though neither the existing sewer line or the new sewer line serve the property.” They put the cost of that project at $300,000. They are also continuing to largely fund the construction of a multi-use path running from the property to the Beaches library and Jarboe Park in the amount of some $800,000, contingent on the issuance of building permits for the development.

The applicant provided data that the project will provide 700 parking spaces for the development, which by their calculations would be four more than required by the city’s code. But in an emailed response to attorney Wyman Duggan, who is representing the developer, City Planning Director Amanda Askew said that the overall site plan submitted on April 10 does not show required landscape islands in the parking lot, and when they are added, the number of parking spaces could slip below the city’s requirements. She said that details on this and other issues are needed to determine if any variances are required.

The developer is requesting two variances for the Planned Use Development. The main apartment building would have no retail component, and a variance would be required to approve the PUD without that retail space. The code also calls for shade trees to be planted along Atlantic Boulevard, and the plan calls for palm trees to be planted along the street. The applicant counters that a variance should be granted because shade trees could potentially interfere with electric lines that are currently located along the street, and that palm trees can be planted as mature trees that will be more “aesthetically consistent” with the “beach” character of Neptune beach.

The project must be vetted by the Community Development Board before being presented to the City Council.

500 Atlantic Docs

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