Riviera Beach is cashing in on South Florida’s development boom.
West Palm Beach’s northern neighbor and home of the Port of Palm Beach has nearly 2,000 condos and apartments in the development pipeline, according to analysis by The Real Deal. And there’s still more to come –– the city is courting developers for its 90-acre Marina Village project, a redevelopment effort focused on the city’s waterfront corridor. The Riviera Beach City Council is currently considering proposals from two developers, Bob Sonnenblick’s Los Angeles-based Sonnenblick Development and Peter Baytarian’s North Palm Beach-based Forest Development, both of which include residential components, according to planning documents.
Forest is also competing with West Palm Beach-based Kenco Communities and Washington, D.C.-based Frontier Development & Hospitality Group for a 2.2-acre city-owned site that could become a development with hundreds of additional residential units.
Here’s a look at the residential pipeline so far:
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Residences at Marina Village | 57 East 12th Street | Related Group
The Pérez family’s Miami-based Related Group is planning an eight-story, 149-unit apartment complex on the 2.4 acre site at 57 East 12th Street in Riviera Beach. The developer won approval for the project in June and landed $100.3 million in construction financing in September. The apartments are slated for households earning between 30 percent and 110 percent of Palm Beach County’s area median income, which was $104,000 in 2024.
Gallery at Marina Village | 1300 Broadway | Related Group, BH Group and Tezral Partners
Adjacent to the planned Residences at Marina Village is the site for Gallery at Marina Village. Related is partnering with Isaac and Liat Toledano’s Aventura-based BH Group and Tezral Partners, a Riviera Beach-based development firm led by former Riviera Beach CRA director Tony Brown and Ezra Saffold, for the project. The planned 20-story, two-tower project at 1300 Broadway will have 418 apartments, about 3,000 square feet of retail, another 3,000 square feet of offices and a 648-space parking garage.
Marina Annex | 251 West 11th Street | O’Connor Capital Partners, Urban Farmers, Riviera Beach Housing Authority
New York-based O’Connor Capital Partners is planning Marina Annex, a mixed-use apartment project with 175 units, 6,500 square feet of retail and a 15,000-square-foot community center at 251 West 11th Street. The partners bought the 3.6-acre site for $2 million in February. The developers are partnering with the Alpha Phi Alpha Foundation to run the community center, which will be named for the late Edward Rodgers, the first Black circuit court judge of Palm Beach County.
1117 Broadway | SobelCo
Boca Raton-based SobelCo, led by Samuel and Jeffrey Sobel, is planning a sprawling mixed-use condo project on a 4.3-acre former boat yard in Riviera Beach. The complex will include two 20-story buildings and two 13-story buildings, totaling 508 condos, 10,000 square feet of retail and restaurants, and a parking garage with 1,083 spaces. SobelCo bought the site at 1117 Broadway for $12 million in March. Riviera Beach gave its final approval for the project this week.
Soleste on the Trail | 7920 North Military Trail | Estate Companies
South Miami-based Estate Companies is planning a four-story, 255-unit apartment complex dubbed Soleste on the Trail at 7920 North Military Trail. Estate, led by Robert Suris and Jeffrey Ardizon, dropped $8 million for the 15.8-acre site in 2021, according to public records. The firm landed a $60 million construction loan from BB Americas Bank for the project in September.
3700 Broadway | Oculina | Forest Development
Baytarian is planning a pair of 25-story mixed-use condo towers with 399 units, more than 17,000 square feet of restaurant space, 11,000 square feet of offices, and nearly 10,000 square feet of retail. Oculina, as the project is called, is planned for a 3.4-acre site at 3700 Broadway that was formerly a Winn-Dixie. Baytarian agreed to pay $4.9 million to the city’s affordable housing fund in exchange for increased height and density for the project.