SOUTH FLORIDA NEWS - September, 2026

Another 334 Apartments Rise Next to a Brightline Station

Over 3,000 apartments are now rising near South Florida's five rail stations. The latest just topped off in Aventura with 334 units, workforce housing, and an amenity list that includes a podcast studio and a cold plunge.

• Aventana is a 16-story, 334-unit apartment building steps from Brightline Aventura.
• Pinnacle and Ram Realty Advisors secured $88.3 million in construction financing from Santander Bank.
• Across all five South Florida stations, over 3,000 residential units are now completed, under construction, or approved.

Every time someone asks whether Brightline is in trouble, another developer breaks ground next to one of its stations. Aventana just topped off at 19640 West Dixie Highway in Aventura, steps from the Brightline…

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GL Keeps Finding West Boca's Last Buildable Dirt

GL Homes is lining Lyons Road with nearly 1,000 luxury homes across two communities, one already 80% sold, the other breaking ground this fall.

Key Takeaways

• GL Homes is building nearly 1,000 luxury homes across two communities on Lyons Road in West Boca Raton, next to Olympic Heights High School.
• Lotus Edge (649 single-family homes, from $1.7 million) is over 80% sold, while Agave Boca (322 townhomes, from about $1.3 million) breaks ground this fall.
• The projects add much-needed housing but have drawn concern over schools and roads that are already over capacity.

While towers rise in downtown Boca Raton, the bigger land grab is happening out west. According to CBS12, GL Homes is lining a stretch of Lyons Road with nearly 1,000 new…

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Westgate Village: 1,145 Homes Rising on a Dead Dog Track

Terra and the Frisbie Group have now spent about $48 million assembling the former Palm Beach Kennel Club, near the airport, for a mixed-use community with workforce housing.

Key Takeaways

• Terra and the Frisbie Group paid $19.5 million for another piece of the former Palm Beach Kennel Club, their third buy, bringing the total to about $48.2 million.
• The 42-acre site near Palm Beach International Airport is planned for Westgate Village, 1,145 rental homes and 120,000 square feet of retail across three phases.
• About 20% of the first phase will be workforce housing, and construction is expected to start this year.

Greyhounds used to race here. Now the old Palm Beach dog track is being pieced together for a very different future.…

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Doc's All American Is Back, and So Is Downtown Delray Beach

A 1951 burger stand sat closed for years while preservationists and developers negotiated its future. Now it is reopening as part of a 46,000-square-foot mixed-use project at one of downtown's most important corners.

• Doc's All American at Atlantic and Swinton will be preserved and reopened as part of City Center Delray.
• The three-story project adds office, retail, and restaurant space behind the historic structure.
• At least 15 projects are now completed, under construction, or approved across downtown.

Doc's All American has been closed since 2021. The walk-up burger and shake stand has sat at the corner of Atlantic Avenue and Swinton Avenue since 1951, and for years its future was caught between preservationists who wanted it protected…

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A National Builder Just Bet $12M on Riviera Beach Townhomes

Brand-new townhomes in the $400,000s are hard to find in Palm Beach County. A publicly traded homebuilder with a pending deal to become a top-10 national player just made this price point its market entry.

• Dream Finders Homes paid $12 million for 60 townhome lots on North Military Trail.
• Townes at Avian will offer new construction starting in the $400,000s, with sales launching in early 2027.
• Residents will share amenities with the neighboring Soleste on the Trail apartment complex.

Dream Finders Homes is a Jacksonville-based, publicly traded homebuilder (NYSE: DFH) with a pending acquisition of Beazer Homes that would make it one of the country's largest builders. According to the South Florida Business Journal, the company just paid…

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Billionaire to Billionaire: A $150M Palm Beach Resort Deal

Jeff Greene sold the oceanfront Tideline resort to Fort Partners, owner of every Four Seasons in South Florida, including the one next door, for more than triple what he paid in 2011.

Key Takeaways

• Jeff Greene sold the 134-room Tideline Palm Beach Ocean Resort & Spa to Fort Partners for $150 million, more than tripling the roughly $41 million he paid in 2011.
• Fort Partners, which owns all four South Florida Four Seasons hotels, already owns the Four Seasons resort right next door, pointing to a possible expansion.
• Greene is reallocating his focus to his own new hotel, the Greene House, across the bridge in West Palm Beach.

One Palm Beach billionaire just sold an oceanfront resort to another for $150 million. According to The Real…

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Mr. C's Boca Tower Is Half Sold Before Even Going Public

The Cipriani family's 133-home, service-led tower in downtown Boca Raton has quietly sold about half its units without hitting the MLS. It is the city's first new branded residence in over a decade.

Key Takeaways

• Mr. C Residences, a Cipriani-branded, 12-story, 133-home tower at 41 SE 4th Street in downtown Boca Raton, is about 50% sold before it has even listed on the MLS.
• It is Boca's first new branded residence in over a decade, built around hotel-style service, a rooftop resort deck, a spa, and a ground-floor Bellini restaurant.
• Prices start around $1.95 million for two- and three-bedroom homes, with completion targeted for 2029.

One of the most famous names in hospitality just picked downtown Boca Raton, and it has been selling so…

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Deerfield Beach's Next Density Fight Is a 1980s Strip Center

New developments get scrutinized in this South Florida city. But some proposals are easier to defend than others, like adding 736 apartments to a half-vacant shopping center on Federal Highway.

• JBL Asset Management plans two eight-story buildings with 736 apartments at Rivertowne Square.
• The developer paid $18.8 million for the 13-acre site in 2022; it is currently about 50% vacant.
• Phase 1 construction is slated for 2027 if the city approves the rezoning and height waivers.

Rivertowne Square is a 13-acre shopping center at 1015 South Federal Highway in Deerfield Beach, dating back to 1980. Today, roughly half of it sits vacant. According to The Real Deal, JBL Asset Management, a Hollywood-based real estate developer, has filed plans to…

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J.P. Morgan Doubles Down on a 97%-Leased Delray Office Campus

Sundy Village just landed a $223 million refinancing as it neared full occupancy. The seven-acre downtown campus has moved from a risky construction project to a stabilized asset.

Key Takeaways

• Pebb Capital secured a $223 million refinancing for Sundy Village in downtown Delray Beach, replacing its $173 million construction loan.
• J.P. Morgan increased its commitment while Monroe Capital exited, a vote of confidence in a campus that is now 97% pre-leased.
• The deal marks Sundy Village's shift from construction project to stabilized asset, and stands out in an office market full of distress.

While much of the commercial real estate news lately has been about empty offices and distress, here is a project that worked. According to…

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The Plaza Hotel Brand Comes to Davie in a $1B Project

El-Ad, the owner of New York's Plaza Hotel, rebranded its five-tower Davie development and just topped out the first 22-story building. The 1,292 apartments are rentals, not condos, but the name signals a push toward luxury positioning.

Key Takeaways

• El-Ad National Properties rebranded its $1 billion Davie development to The Plaza Davie District, tying it to the company's ownership of New York's Plaza Hotel.
• The project spans five towers and about 1,292 rental apartments across three phases, and the 288-unit first tower has topped out, with completion set for early 2027.
• Every residence is a rental, not a condo, marketed as high-end apartment living near the airport, Nova Southeastern University, and the Seminole Hard Rock.

What…

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