PulteGroup (NYSE: PHM) wants to replace a former bank branch in Juno Beach with a townhouse community.

The town’s Development Review Committee will consider the rezoning, comprehensive plan amendment and site plan for the 4.7-acre property at 13951 and 13955 U.S. Highway 1 on May 8. It currently has 13,809 square feet of retail/commercial space that was developed in 1976.

Atlanta-based PulteGroup has the site under contract from Palm Beach Gardens-based Juno Square LLP.

The homebuilder aims to build 40 for-sale townhouses in a community called the Dunes at Juno Beach. It would feature seven buildings of three stories each and 160 parking spaces. The townhouses would be over 2,200 square feet each, with two-car garages, and elevators. They would be three bedrooms and 3.5 bathrooms.

“Pulte is very excited about this amazing new home opportunity just steps from the beach in the highly desirable Juno Beach area,” stated Brent Baker, South Florida division president for PulteGroup. “This new home offering is a great alternative to those who do not want condo living or the insurance/upkeep of an older home this close to the beach.”

Cotleur & Hearing in Jupiter is the planning firm for the project.

Palm Beach County has had the most population growth in the tri-county area, and many of the new residents are fairly wealthy, so there has been strong sales of new homes. Pulte has been bullish on development in the county.

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