Downtown West Palm Beach

Cohen Brothers Realty Corp Submits FAA Permits For 24-Story ‘West Palm Point’ Office Tower And Associated Tower Cranes In West Palm Beach.

On October 5, the Federal Aviation Administration (FAA) received applications for building permits at 801 South Dixie Highway in downtown West Palm Beach. This pivotal step brings the Cohen Brothers Realty Corporation closer to actualizing its vision for the city’s office market. The New York-based developer envisions a 24-story Class A office building on a 2.4-acre site owned by the West Palm Beach Community Redevelopment Agency. This structure is intended to “serve as the iconic gateway into Downtown West Palm Beach” and is slated to replace the Okeechobee “Tent Site” Parking Lot.

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FAA Approves Related Companies’ ‘515 Fern’: West Palm Beach’s Largest Office Tower At 386 Feet

West Palm Beach’s skyline is primed for continued transformation as the Federal Aviation Administration (FAA) gives the green light to construct 515 Fern, an impressive 25-story tower set to redefine the city’s commercial landscape. This FAA approval marks a significant milestone for New York-based developer Related Companies, known for their iconic Hudson Yards development, who is behind this ambitious project. The structure, set to soar to 385 feet (or 404 feet above mean sea level), is poised to become West Palm Beach’s largest office tower.

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Housing Trust Group Completes ‘Flagler Station’, Celebrates Grand Opening Of Affordable Apartments In Downtown West Palm Beach

Construction is complete on Flagler Station, a groundbreaking $33 million affordable apartment community at 991 Banyan Boulevard in downtown West Palm Beach, Florida. Developed by Housing Trust Group (HTG), this project is a monumental achievement, addressing the city’s pressing need for affordable housing. This public-private collaboration introduces an innovative concept of affordable living. Flagler Station comprises 94 apartments for incomes from 30 to 80 percent of the area’s median income. With rents ranging from $393 to $1,689, this community aims to accommodate diverse residents near major rail stations for seamless connectivity.

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Hudson Yards Developer Proposes Largest And Tallest Office Building In West Palm Beach

As office leasing activity continues to show no signs of slowing down, Related Companies (Related), the New York-based developer behind the $25 billion Hudson Yards complex in Manhattan’s West Side, reveals plans for the largest office tower in West Palm Beach. The 25-story project, going by the name 515 Fern, is proposed to yield 471,000 square feet of space including 456,000 square feet of office space and 15,000 square feet of retail space to meet the area’s high demand. Addressed as 515 Fern Street in the Downtown corridor, the 374-foot-tall structure would become the tallest office building and the second-tallest building in the city. If approved, 515 Fern is expected to break ground sometime in 2023 and complete construction in 2025.

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2.6 Acre Development Assemblage. Image courtesy of Google Maps.

Transit-Oriented Mixed-Use Development With Hundreds Of Luxury Apartments Slated For Downtown West Palm Beach

WPB Fern Holdings LLC, a partnership between New York City-based L&L Holding Company, West Palm Beach-based Wexford Real Estate Investors (WREI) and Miami’s 13th Floor Investments, has acquired a prime 2.6-acre development assemblage in the heart of Downtown West Palm Beach. The interior lots include 418 and 464 Fern Street; 401, 415, 417 and 421 South Dixie Highway; 419 and 435 Gardenia Street, all bound by South Quadrille Boulevard to the east and located just a walk away from Brightline’s West Palm Beach high-speed rail station. The partnership is now entering pre-development planning and design work for a mixed-use project, which is expected to yield hundreds of highly-amenitized luxury rental apartments along with ground floor retail and restaurants.

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