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Preparing for growth at Scripps PDF Print E-mail

By Brian Bandell | South Florida Business Journal

Friday, January 15, 2010

Palm Beach County is laying the groundwork for growth around the Scripps Research Institute in Jupiter on one of the largest commercial development sites in South Florida.

The 863-acre Briger site in Palm Beach Gardens is just south of Scripps’ year-old campus. As part of the nearly $500 million state and county investment in support of the nonprofit, Scripps is seeking the right to build 1.6 million square feet on 70 acres of that site. The rest of the property, controlled by the Lester family, is seeking zoning for 2.6 million square feet of biotechnology space, 1.2 million square feet of office space, 300 hotel rooms, 500,000 square feet of retail space and 2,700 homes.

As part of the development of regional impact (DRI) process, the county determined that this much development on the Briger site would require $22.2 million in traffic improvements to nearby roads. The county agreed to fund about 20 percent of that, with the Lester family supporting the rest.

Assistant County Administrator Shannon LaRocque said it’s crucial that Scripps is able to build its Phase II facility, even if the Lesters aren’t ready to go forward with their projects. So, the county agreed to immediately spend $6 million for roadwork on the Donald Ross Road/Interstate 95 interchange. It would be reimbursed by impact fees from future development, she said.

http://southflorida.bizjournals.com/southflorida/stories/2010/01/18/focus1.html

 
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