Cornerstone is a new residential development unfolding in Jupiter, Florida. The luxury development will offer 15 units in a five-story building, with each home measuring 2,000 to 4,000 square feet each.
Palm Beach County, Florida, could soon be home to One South Ocean. The development could comprise two seven-story towers offering 70 units––35 per building. Developers have been planning this project since 2016.
Construction could start on Palm Springs Residences later this year. The venture requires demolishing a YMCA that will relocate elsewhere in Palm Beach County, Florida. When finished, the development will comprise more than 260,000 square feet of new construction.
Concord Summit Capital, LLC (Concord Summit) arranged a $16 million bridge loan to refinance and expand the Bed Bath & Beyond Plaza located at 14802 South Military Trail in Delray Beach, Florida. The sponsor, Berta Management of Florida, will use the money to construct a new Starbucks store, provide for capital improvements and pay off existing debt.
Philadelphia-based developer Stamm Development has broken ground on Serene Villas, a new residential community of six ultra-luxury townhouses in the early stages of construction at 1236 George Bush Boulevard in Delray Beach. The design for the project was envisioned by Randal Stofft of Delray Beach-based Stofft Cooney Architects, paired with interiors by award-winning design studio Asthetique. The interior lot spans nearly 0.62 acres, or precisely 26,907 square feet, and is mainly bound by George Bush Boulevard on the north with the other ends of the city block being North Ocean Boulevard on the East, Southways on the South, and Andrews Avenue on the West.
