- Funding Needed
- $22.5 (Mio)
- EB5 Funding
- $22.5 (Mio)
- EB-5 Investors
- 45
- Investment Amount
- $500,000
- Job Creation per Investor
- 5.6
- Job Creation (Total)
- 250
- Category
- Construction
- Sub-Category
- Commercial and Institutional Building Construction
- State
- Florida
- Location
- 1222 S US Highway One Jupiter, FL 33477
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- Last Update: February 04, 2015 01:00 PM
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Water Pointe
- Developer Name
- ALLIED CAPITAL AND DEVELOPMENT OF SOUTH FLORIDA, LLC
Project Description
The Water Pointe project will be developed on a 4.21-acre site located at 1222 S U.S. Highway One, Jupiter, FL 33477. Water Point is a $22,500,000 project that will feature 30 golf villas, 4,000 sq. ft. retail space, 4,000 sq. ft. office,and 4,000 sq. ft. restaurant space, all along the prestigious Jupiter Riverwalk. The site is situated directly on the Jupiter Riverwalk, a prestigious, quasi-public/private venture that has been fully endorsed and financially supported by the Town of Jupiter. The Riverwalk is located at one of the most traveled intersections in Jupiter, enabling great signage, visibility and ease of access.
Water Pointe: Map
1222 S US Highway One Jupiter, FL 33477
Project Location Description
Located on the east coast of Florida, in the northern-most area of Palm Beach County, Jupiter is considered to be one of the most affluent places with the fastest growing population of year-round and seasonal residents,primarily from the northeast and mid-western United States.
As of the 2010 census, the town had a total population of 55,1567, which represented a 40.2% increase over the 2000 population of 39,328. The town has a total of 29,825 household units, of which 74% are estimated to be owner occupied. The median home value was estimated to be $327,000.
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