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Industrial Park Approved for Former Racetrack Site
Palm Beach County Commissioners have unanimously approved the redevelopment plan for the 186.4-acre former site of Palm Beach International Speedway. This was a reversal of the commission’s 4-2 vote in April of 2022 to deny the redevelopment of the site at 17047 Bee Line Highway.
New York-based Sixth Street Specialty Lending can now move forward on its 2.12-million-square-foot Palm Beach Logistics Center. Attorney Seth Behn represented the property owner.
After the previous denial, the property owner filed for a public arbitration hearing where the judge ruled Palm Beach County improperly denied the site plan. The property owner filed notice of its intention to file a claim under the Bert J. Harris Jr. Private Property Rights Protection Act if its application was not approved. This law allows for relief for property owners when a government entity inordinately burdens the existing use or vested rights of the property.
- ◦Development