The Riviera Beach City Council unanimously voted to forge a deal with a team led by Sonnenblick Development that will include the construction of a new city hall and library, sports complexes, and residential units on about 72 acres of publicly owned land. The 5 to 0 vote took place during Riviera Beach City Council’s … Read more
The Riviera Beach Community Redevelopment Agency will negotiate the sale of 2.2 acres near the waterfront to Peter Baytarian’s Forest Development to build a mixed-use project. Riviera Beach council members, sitting as the city’s CRA’s board of commissioners, approved the deal with North Palm Beach-based Forest Development by a vote of 3 to 2 Wednesday … Read more
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 … Read more
South Florida developers are increasingly looking to EB-5 funding to fill gaps in their capital stacks, as foreign investors rush to participate before the program expires. The visa program, which provides green cards to investors and their immediate families whose funds lead to the creation of 10 full-time jobs for U.S. workers, has a … Read more
ScandyCandy, La Coqueta | Palm Beach The Royal Poinciana Plaza in Palm Beach scored two new tenants. Swedish candy store ScandyCandy opened on Saturday, and British childrenswear boutique La Coqueta opened last month at The Current, a retail hub at The Royal Poinciana Plaza, according to the landlord’s news releases. ScandyCandy, created by brothers Calle … Read more
The real estate industry is no stranger to dynastic rule. For as long as real estate has been a business, it’s been a family business. That tradition is alive and well with the Frisbie Group, a Palm Beach homegrown development firm where nearly every employee shares the same last name. Decades into the business, the … Read more