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Billionaire Ken Griffin gets OK for taller fence along north edge of Palm Beach estate
Billionaire Ken Griffin gets OK for taller fence along north edge of Palm Beach estate

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time6 days ago

  • Business
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Billionaire Ken Griffin gets OK for taller fence along north edge of Palm Beach estate

The Town Council has approved a plan by billionaire Ken Griffin to build a taller fence along the north boundary of his Palm Beach estate. Council members voted at the July 9 Development Review Committee meeting to grant a variance that will allow the fence to be higher than the typically allowed 7 feet. Instead, the fence height will range between 9-foot-2-inches tall and 9-foot-11-inches tall, town staff told the council. Representatives for Griffin asked the town for permission to build a taller fence along the north end of his property at 1247 S. Ocean Blvd. because of the natural change in grade of the land from the street to the ocean and along the dune, James Murphy, assistant director of Planning, Zoning and Building, told the council. Griffin owns the massive, under-construction waterfront property through his Providencia Partners LLC. He is the founder and CEO of Citadel hedge fund and Palm Beach's largest property owner. Altogether, hedge fund manager Griffin has amassed about 27 acres of land south of Southern Boulevard and President Donald Trump's Mar-a-Lago Club. Part of Griffin's property is where he is building a 44,000-square-foot estate with a mansion for his mother on 8 acres. The taller fence was supported by John and Margaret Thornton, Griffin's neighbors to the immediate north, said attorney Maura Ziska, Griffin's representative on the project. There is already landscaping on the Thorntons' side of the property line, and more will be added on Griffin's side once the chain-link fence is built, she said. In March, the council voted to approve a plan for Griffin to rehabilitate the structures called groins that jut out into the Atlantic Ocean from Palm Beach's shoreline. The groins date back to the 1930s and were designed to trap sand and help prevent erosion, but they wore down over time and would be costly for the town to replace on its own, town staff told the council at the time. There are four groins along Griffin's property that will be replaced under the town's beach management agreement with the Florida Department of Environmental Protection. The work also is covered by Palm Beach's U.S. Army Corps of Engineers permit, for which the town in December requested a five-year extension, according to an Army Corps public notice. Kristina Webb is a reporter for Palm Beach Daily News, part of the USA TODAY Florida Network. You can reach her at kwebb@ Subscribe today to support our journalism. This article originally appeared on Palm Beach Daily News: Billionaire Ken Griffin gets OK for taller fence at Palm Beach estate Solve the daily Crossword

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