Oxford Exchange owner says proposed apartments could quash Grand Central’s potential

A proposed apartment project on Grand Central Avenue could hinder the neighborhood from reaching what the owner of Oxford Exchange says is its true potential: becoming a walkable shopping district.

Altman Development Corp., based in Boca Raton, has asked the city to rezone 2.51 acres at 504 Central Ave. to make way for a 274-unit apartment building. In late June, Altman updated its proposal to include two 1,300-square-foot retail spaces.

The first public hearing on the development is scheduled… …read more