DEVELOPMENT
TRACT OF LAND COULD DECIDE
26
DESIRABLE UNDEVELOPED
VERO BEACH FUTURE
TCBusiness.com
MILT THOMAS
Properties at the intersection of Indian River Boulevard and 17th Street in Vero Beach are at the center of attention as to how they will be developed within the
next two to five years. The decommissioned Vero electric plant is on the left.
Can controversial ‘three corners’ property
preserve the area’s small-town feel?
While the City of Vero Beach is primarily
built out, three highly visible properties
are becoming available and the future of
Vero Beach itself may depend on how they
are developed.
These three properties are collectively
known as Three Corners, lying at the
intersection of 17th Street and Indian River
Boulevard on the west end of Alma Lee
Loy Bridge. Two of the properties are waterfront,
abutting either side of the bridge.
The northernmost 17.4 acres are currently
occupied by the former Vero Beach
power plant complex featuring “Big Blue,”
the massive structure that housed Vero’s
electric system. On the south side of the
bridge is Vero’s wastewater treatment
facility that sits on 16.3 acres. The third
property is across Indian River Boulevard
on its southwest corner, the 4.6-acre
former post office annex. A majority of the
site will be occupied by a Florida Power &
Light electric substation (2.76 acres) now
under construction, leaving about 1.84
acres available for development. The socalled
“three corners” are actually more like
two and a half corners. >>
BY MILT THOMAS
/TCBusiness.com