Woerner wins over town of Palm Beach with Paramount Theatre revisions
Woerner Holdings won preliminary approval to redevelop the landmark Paramount Theatre in Palm Beach into a private club after pivoting to scaled-back mixed-use plans in reaction to a previous rejection. The family office of Lester Woerner revised its plan to add a residential component and a cafe that will be open to the public, while slashing the size of the club, the Palm Beach Daily News reported. Woerner cut the club from 45,000 square feet to 5,000 square feet, and trimmed the maximum membership from 475 to 175. The adaptive reuse and renovation will have “church-style seating for 200 guests.” […]This article originally appeared on The Real Deal. Click here to read the full story.
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Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131