Palm Aire details.The published story was forwarded to me. thanks.
There is an agreement to sell between Clublink and MRC.
10.33 acres and 5.9 acres.
Rental demand is described as being at record levels. 15% of the units will be offered to moderate income renters.
The plan is for 286 units ranging from 735 to 1333 sq ft.
The 4 buildings are 5 floors. There 2 row home blocks.
There will be 465 parking spaces. A 9000 sq ft clubhouse with pool.
As well, the Golf Course will get a new 7000 sq ft clubhouse and new cart storage.
There are 3 courses in Palm Aire, this is a small part of the land holding.
They are represented I believe by the same law firm 13th floor has used.
The application should not draw as much attention, no operating part of the courses are being lost.
A Guess value, 25k a door, 7 million contribution.
Will follow up when meeting is online.