A new Intracoastal housing development is in the works on Juno Beach called Bay Colony. The complex was started in the 1980s yet ceased construction efforts, and the property was sold in the 1990s and still not reinstated.

The latest buyer, Matthew Montgomery of GroundStone Inc., is buying the undeveloped land and existing buildings to finish the project. He plans to have 116 units in seven four story buildings. They will vary from 1-3 bedrooms and will be priced between $280,000 and $579,900.

The waterfront property is a favorite locale of the West Palm movers–with boat slips, tennis courts, and a clubhouse for residents, the community is poised to be a hot spot in the Jupiter and Juno Beach vicinity.

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