- October 10, 2024
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A 300-unit apartment complex could become Imagine School at Town Center’s new neighbor.
The development, called The Legacy at Palm Coast, sits on the 27-acre lot adjacent to Imagine School, with Lake Avenue splitting the two lots. The Palm Coast Planning and Land Development Regulation Board approved a technical site plan for The Legacy at its Aug. 16 meeting in a 5-0 vote.
The site plan will next go before the City Council for review.
The complex will have eight buildings, four three-story and four four-story, according to Planning Board documents. It will also have two entrances: a main entrance on Town Center Boulevard and a secondary entrance onto Lake Avenue.
The 300 units will have 520 parking spaces, 128 one-bedroom apartments, 140 two-bedroom apartments and 32 three-bedroom apartments.
Only 18 acres of the land will be developed, while the remaining 9.5 — on the north side furthest from the school — will remain a wetland preservation area.
The complex will also have a centrally-located clubhouse with a pool and, within walking distance from clubhouse, pickleball courts, a gazebo, fire pit and kayak launch. The property will have two dog parks.
Alliant Engineering engineer Adam Oestman, representing the owner, MC Palm Coast, LLC, said that while there is not a set price yet, the apartments could cost around $2,000 a month for a three-bedroom, based on similar properties the developer built in Kissimmee.
“It’s more high-end [housing],” Oestman said.
Planning Board member Larry Gross said he had concerns about the lack of affordable rentals in Palm Coast. Gross said he wondered if the city wasn’t setting itself up for disaster by having so many high-priced condos and apartments.
“I love these great, beautiful new projects coming in here,” he said. “But do we really have people that can afford [that price]?”
Vice Chair Sandra Shank also expressed concerns about affordability. Shank asked the developer to consider setting aside some units as affordable, citing affordable-housing incentives in place that could speed development.
Oestman said that often, renters split an apartment among friends to reduce the cost.
“But there goes our parking,” Gross said. An apartment split between two couples could have four cars, he pointed out. On the other hand, Gross said, hopefully the developments will attract new, young families.
“There’s a fine line here of overgrowth,” he said.
