Construction’s expected to start on Transit Village early next year. It’ll require more than one million square feet of new construction and rest on six acres. Transit Village will offer easy access to the nearby historic West Palm Beach train station.
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.
As South Florida’s construction boom continues to advance, developers are becoming more and more creative in their product offerings, incorporating notable brands with world-class design from the most renown architectural firms, exclusive amenities, lavish custom interiors from the most prestigious interior design firms, and most importantly – desirable locations with pristine views. In this article, YIMBY will look into four highly awaited, skyline-altering projects expected to break ground in the near future.
Flagler Station in West Palm Beach, Florida, is slated to end construction later this year. The multi-million-dollar venture will measure eight stories above grade and offer close to 100 affordable housing units.
Developers hope to move forward with the Evergreen Townhomes, a multi-million-dollar residential development. Right now, the venture’s still in its infancy. However, when completed, it’ll offer 40 units across seven two-story buildings.
