{"id":1004092292,"date":"2014-03-06T06:54:09","date_gmt":"2014-03-06T14:54:09","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004092292"},"modified":"2022-12-08T17:15:42","modified_gmt":"2022-12-09T01:15:42","slug":"jefferson-apartment-group-breaks-ground-on-282-unit-project-in-west-palm-beach","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jefferson-apartment-group-breaks-ground-on-282-unit-project-in-west-palm-beach\/","title":{"rendered":"Jefferson Apartment Group Breaks Ground on 282-Unit Project in West Palm Beach"},"content":{"rendered":"<p><em>By Barbra Murray, Contributing Editor<\/em><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/03\/Jefferson-West-Palm-Beach.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004092294\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/jefferson-apartment-group-breaks-ground-on-282-unit-project-in-west-palm-beach\/jefferson-west-palm-beach\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/03\/Jefferson-West-Palm-Beach.jpg\" data-orig-size=\"800,315\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Jefferson West Palm Beach\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/03\/Jefferson-West-Palm-Beach.jpg?w=800\" class=\"alignleft size-medium wp-image-1004092294\" alt=\"Jefferson West Palm Beach\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/03\/Jefferson-West-Palm-Beach.jpg\" width=\"300\" height=\"118\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/03\/Jefferson-West-Palm-Beach.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/03\/Jefferson-West-Palm-Beach.jpg?resize=300,118 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/03\/Jefferson-West-Palm-Beach.jpg?resize=768,302 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Jefferson Apartment Group has kicked off development of its first multi-family project of 2014, with the groundbreaking on Jefferson West Palm Beach, a 282-unit luxury apartment community in West Palm Beach, Fla.<\/p>\n<p>\u201cJAG was drawn to West Palm Beach because we see it as an expanding market in Florida with a proven history,\u201d Mike Mulhall, senior vice president and managing partner with JAG, told <i>Commercial Property Executive<\/i>.<\/p>\n<p>With the address of 300 Courtney Lakes Circle, Jefferson West Palm Beach will sprout up on a prime 11-acre site that, according to Palm Beach County records, JAG acquired from Tiger Investment Group Inc. for $4 million in 2012.<\/p>\n<p>\u201cThe location of the West Palm Beach project is key,\u201d Mulhall said. \u201cIt is just down the street from a brand new project by NE Development, Palm Beach Outlets, and is positioned with access to the interstate and airport. As you&#8217;ve seen, Outlet malls are a rapidly growing retail sector.\u201d<\/p>\n<p>Jefferson West Palm Beach will feature 13 low-rise buildings, 10 of which will house the residential units. The architectural firm of Charlan, Brock &amp; Associates is behind the design of the property, and KAST construction is onboard as general contractor.<\/p>\n<p>It\u2019s the company\u2019s first development of the year, but it won\u2019t be the last. JAG plans to build a total of 1,000 units in 2014, including projects in Orlando, Baltimore and New York. And the company is in expansion mode, so there\u2019s more to come.<\/p>\n<p>\u201cJAG is East-Coast focused and targets transit-oriented developments, which leaves a lot of markets open for investment-potential,\u201d Mulhall added. \u201cWe\u2019re currently expanding in the Boston and Philadelphia markets, and look to continue growing in Florida.\u201d\u00a0Jefferson West Palm Beach marks the company\u2019s fourth development in the Sunshine State. The new apartment destination is scheduled to make its debut in November.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jefferson Apartment Group has kicked off development of its first multi-family project of 2014, with the groundbreaking on Jefferson West Palm Beach, a 282-unit luxury apartment community in West Palm Beach. <\/p>\n","protected":false},"author":969,"featured_media":1004092294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21742],"tags":[],"class_list":["post-1004092292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jefferson Apartment Group Breaks Ground on 282-Unit Project in West Palm Beach - 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