The Viking Yacht Company, a luxury yacht producer, hopes to expand its facilities in Rivera Beach, Florida. Its new sales and service center would comprise close to 45,000 square feet of new construction.
Our sources note that developers secured a $340 million construction loan for the Ritz-Carlton Residences, Palm Beach Gardens. The 11-acre venture will offer three-bedroom to five-bedroom units, measuring about 2,700 square feet to 5,000 square feet each.
YIMBY has the first look at interiors inside Alba Palm Beach, a 22-story waterfront condominium tower slated for development at 4714 North Flagler Drive, directly on the Intracoastal Waterway, in the developing Northwood neighborhood of West Palm Beach, Florida. Designed by Spina O’Rourke + Partners with Schmidt Nichols as the landscape architect, and developed by BGI Companies in collaboration with Bay Harbor Islands-based Blue Road Group, the 262-foot-tall building will rise within a 1.71-acre site and comprise 55 luxury residences in a mix of two-, three-, and four-bedroom condos, and two- and three-story townhomes paired with 25,000 square feet of amenities. Douglas Elliman Development Marketing is handling the exclusive sales and marketing for the project, with units priced from $2.5 million anticipated to be delivered in 2025.
Brand Atlantic Real Estate Partners and Wheelock Street Capital are proud to announce the start of construction for 300 Banyan, a 12-story boutique office development located at 300 Banyan Boulevard in the Clematis Waterfront District in West Palm Beach. Designed by Toronto-based B+H Architects Corp. and West local architect Spina ORourke + Partners, plans include 100,000 square feet of Class-A office, 15,000 square feet of private outdoor terrace space, and a 300-space parking garage. 300 Banyan is the second phase of Brand Atlantic’s two-phase, mixed-use commercial development, with 111 Olive already under construction and delivering at the end of 2022. Delivery and occupancy of 300 Banyan are scheduled for early 2024, and pre-leasing efforts for the office space will commence Q3 of 2022. Gilbane Building Co. is the general contractor.
Fort Lauderdale’s Development Review Committee will review site plans for a new construction 41-story mixed-use building at 520 West Broward Boulevard. The 0.79-acre property is located in the Sailboat Bend neighborhood within the City’s Downtown Core, nestled in between Southwest 5th and 6th Avenues south of West Broward Boulevard. Designed by West Palm Beach-based Spina O’Rourke + Partners with EDSA as the landscape architect and developed by Virginia-based Woodfield Investments LLC, the project comprises of 365 residential units, 2,500 square feet of ground level commercial space, an amenity deck with 53,165 square feet of space and 444 parking spaces. Flynn Engineering is onboard as the civil engineer along with Maser Consulting as the surveyor and Lighting Dynamics Inc. for lighting purposes.
