Found 2 blog entries tagged as West Palm Beach development.

Palm Beach County Sees $5B Boost in Property Value

 

Palm Beach County’s tax rolls surged by $5 billion, marking a major milestone driven by new construction and rising property values in 2025. According to the Palm Beach Post, this increase results from significant growth in both residential and commercial development. These gains represent a 9% year-over-year increase in the taxable value of property, reflecting the rapid pace of construction and the influx of new residents.


Key contributors include luxury residential towers, large-scale retail centers, and high-end mixed-use projects. These developments are driving up real estate values and strengthening the county’s financial position by broadening the tax base.

For homeowners, this means rising home equity; for buyers, a competitive market;…

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NFL Veteran and New York Developer Unveil $53 Million West Palm Beach Proposal

West Palm Beach is poised for a significant transformation, as city officials enter into negotiations with a development group that plans to bring much-needed affordable and workforce housing to the Broadway/US 1 corridor. The proposed project promises to revitalize a key area of the city, providing housing for residents in need while also spurring economic growth along this critical corridor.

The city has received a formal offer from 2823 Broadway QOZB LLC, a partnership between Procida Development Group based in New York and Miami’s Trè Bèl Housing Development Group. The latter is co-led by former NFL star Jonathan Vilma and Daniel Marakovits. Their joint proposal includes purchasing a 0.74-acre parcel of vacant land at 2803, 2813, and 2815 Broadway…

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