Palm Beach County

BGI Companies Locks In Construction Financing For 22-Story Alba Palm Beach In Northwood, West Palm Beach

8:00 am on April 23, 2022 By Oscar Nunez

BGI Companies has closed on an $82 million construction loan from Trez Capital, a private real estate lender helping to build better communities across North America. The loan was arranged by BGI Capital for the construction of Alba Palm Beach, a new 22-story waterfront residential condominium development in collaboration with Blue Road Group located at 4714 North Flagler Drive, directly facing the Intracoastal Waterway in the emerging and growing Northwood neighborhood of West Palm Beach. The development is designed by Spina O’Rourke + Partners with Schmidt Nichols as the landscape architect, and is comprised of a collection of 55 luxury condominiums and 4 two- and three-story townhomes. The development has received a strong response with more than 30 percent of the building reserved since launching sales in February 2022.

Cornerstone To Offer 15 Luxury Units at 50 South US Highway One, Jupiter, Florida

7:00 am on April 22, 2022 By Colt Dodd

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.

One South Ocean Could Arrive at 1 South Ocean Boulevard, Boca Raton, Florida, 33432

7:00 am on April 18, 2022 By Colt Dodd

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.

Palm Springs Residences Could Soon Start Construction at 2085 South Congress Avenue, Palm Springs, Florida

7:00 am on April 11, 2022 By Colt Dodd

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 Closes $16 Million In Financing For Delray Beach Shopping Center At 14802 S. Military Trail

7:30 am on April 3, 2022 By Oscar Nunez

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.

Sirene Villas Breaks Ground At 1236 George Bush Boulevard In Delray Beach

8:00 am on March 24, 2022 By Oscar Nunez

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.

Toby and Leon Cooperman Medical Arts Pavilion To Open Early 2024 in Boca Raton, FL

7:00 am on March 19, 2022 By Colt Dodd

Thanks to a generous donation from philanthropists Toby and Leon Cooperman, Boca Raton Regional Hospital will soon be home to the “Toby and Leon Cooperman Medical Arts Pavilion.” The venture broke ground in April 2021, per Boca Voice.

Two Roads Development And Alpha Blue Ventures Break Ground On Forté At 1309 South Flagler Drive In West Palm Beach

8:00 am on March 15, 2022 By Oscar Nunez

Two Roads Development and Alpha Blue Ventures have officially broken ground on Forté, a new 24-story waterfront residential building at 1309 South Flagler Drive in West Palm Beach. The ceremonial event occurred on Thursday March 3, 2022, which was was attended by elected officials, community representatives and future residents. Designed by Bernardo Fort-Brescia of Arquitectonica with interiors imagined by Jean-Louis Deniot, the condominium development will boast 41 luxury residences spanning anywhere between 4,200 to 8,400 square feet, configured in three- and four-bedroom floor plans and a crown jewel six-bedroom penthouse spanning 8,900 square feet with an additional 2,000-square-foot private rooftop deck which includes a pool, summer kitchen, cabana bath and unmatched 360-degree views. Over 80% of Forté’s residences have sold, with a majority of the buyers coming from markets across the domestic U.S.

DR Horton Hopes To Move Forward with 50-Home Community in Palm Springs, FL

7:00 am on March 15, 2022 By Colt Dodd

DR Horton hopes to move forward with a residential community that involves demolishing an 11,917-square-foot religious building. If approved, the complex will comprise 50 townhomes spread across multiple two-story buildings.

Berkeley Landing Continues Construction at 3100 and 3124 Broadway Avenue, Riviera Beach, Florida

7:00 am on March 6, 2022 By Colt Dodd

Berkeley Landing is undergoing construction in Riviera Beach, Florida. The $18 million venture is a joint project between Wendover Housing Partners and Pinnacle Communities. Upon completion, the planned community will feature 112 residential units. Of those units, 110 are affordable housing units, and two are at-market rate apartments.

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