Tag Archive for: morning calm management

Medical Office Planned at 324 Datura Street in West Palm Beach 760x320

New York University dropped $33 million for a medical office development site in downtown West Palm Beach, with plans to move its Langone Health to the new building.

NYU bought the 0.6-acre property at 324 Datura Street from an affiliate of Boca Raton-based Morning Calm Management, according to records and real estate database Vizzda.

The site now houses a four-story, 68,800-square-foot office building that was completed in 1950, property records show. Morning Calm paid $10.6 million for the building in 2021.

Last year, Morning Calm filed a proposal to redevelop the site with a seven-story building with 76,400 square feet of medical offices on four levels and three levels of parking, according to an application submitted to the city. The proposal is asking for four variances, including to reduce side setbacks to 15 feet from 20 feet for the portion of the building that’s over five stories.


Source:  The Real Deal

Medical Office Planned at 324 Datura Street in West Palm Beach 760x320

Morning Calm Management may demolish an office building in downtown West Palm Beach in order to construct a larger medical office building.

MCM 324 Datura LLC, managed by Mukang Cho of Boca Raton-based Morning Calm Management, filed a site plan for the 0.65-acre property at 324 Datura St. It currently has a 68,811-square-foot office building constructed in 1950.

In 2021, the building was purchased by the office investment business for $10.65 million.

The plan calls for MCM to construct a seven-story, 181,492-square-foot structure with 201 parking spaces and 76,362 square feet of medical office space. Ground floor primary care would occupy 6,800 square feet, while three parking levels and four stories of medical office space, with an average floor area of 18,000 square feet, would be included. Tenant amenity area would also be located on the rooftop.


Source:  SFBJ