The yet-unnamed project was originally to be Central Park Plaza, a project which was abandoned as the real estate market took a nosedive. Now, the site has gained approval as a 16 story, 213 unit mixed use condominium project by Kolter and RAM Realty. 2,200 square feet of retail will be provided along Fern, a substantial reduction to the original site plan. High ceiling loft units, retail space along Fern, and garage liners to conceal the structured parking will provide a big improvement to the urban character at this corner and fill in a large surface parking lot. A public park will be located on the southeast corner of Dixie and Fern Street, part of a development incentive to preserve the historic Meridian Building and park, allows the site to be developed to sixteen stories. Palm Beach Post article has more detail on the project.
This will be the first condominium to break ground since the recession, and will be a substantial improvement to the ongoing redevelopment of the Fern Street corridor.
Renderings of the project: