South Shores Tavern site deal falls apart in Lake Worth

A deal to lease the old South Shores Tavern and Patio Bar site fell through, (Kevin D. Thompson/The Palm Beach Post)

A deal to lease the old South Shores Tavern and Patio Bar site fell through, (Kevin D. Thompson/The Palm Beach Post)

LAKE WORTH — Looks like the old South Shores Tavern and Patio Bar site on Lucerne Avenue will be vacant a little longer.

For the past several weeks, Peters Development, which owns the site, had been in negotiations with a Delray Beach group to lease the space, but the deal fell apart, Ariana Peters, the company’s managing partner, said.

“We will not settle on any deal short of what we envision for both the property and Lucerne Avenue,” Peters said.

She did not say why the deal didn’t work out. She also declined to reveal the name of the group. An industry source, however, said the company planned to open a Mexican restaurant.

With the Gulfstream Hotel project now moving ahead, Peters said she’s confident the space will be filled shortly.

The South Shores Tavern, billed as Lake Worth’s favorite playground, closed last year after the gastropub was sold.