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. According to The Real Deal, Miami's Terra and Palm Beach's Frisbie Group just paid $19.5 million for another chunk of the former Palm Beach Kennel Club, their third buy at the site, bringing their total investment to roughly $48 million. The plan is Westgate Village, a 1,145-home community in West Palm Beach.
What did Terra and Frisbie just buy?
Terra and Frisbie paid $19.5 million for a 26.1-acre parcel at 1111 North Congress Avenue, bought from Investment Corporation of Palm Beach, the company that operated the club. It is their third acquisition at the site, following $20.9 million in 2025 and $7.79 million in June 2026, bringing their total spend to about $48.2 million to assemble the land.
The full plan covers 42 acres in unincorporated Palm Beach County, just north of Palm Beach International Airport. The partners applied in 2024 to rezone the property for the project they are calling Westgate Village.
What will Westgate Village be?
Westgate Village is planned as a walkable, mixed-income urban village rather than a gated subdivision, with 1,145 rental homes and 120,000 square feet of retail and commercial space. It will be built in three phases, roughly 400, then 340, then 405 units, with the first phase expected around 2028 and the later phases running through about 2032. About 20% of the first phase is set aside for workforce housing.
Approved plans reportedly also leave room for an entertainment complex and a possible hotel. In practice, it is a large build-to-rent bet, part of a booming South Florida apartment market, and construction is expected to start this year.
Why does the site come with a 50-year gaming ban?
The Palm Beach Kennel Club opened in 1932 and was a local landmark for nearly 90 years under the Rooney family, who also founded the Pittsburgh Steelers. Greyhound racing ended in 2020, after Florida voters banned the sport statewide.
Here is the interesting wrinkle: Terra and Frisbie did not buy the casino. The Rooney family keeps it operating, holding onto the gaming licenses and building a new casino nearby. The land the developers bought reportedly comes with a 50-year ban on gaming, so their piece of the property will be housing and retail only, with no casino.
Thinking about renting, buying, or investing around West Palm Beach as new communities like this rise? A local expert can help you time it and find the right fit. Talk to a real estate agent in West Palm Beach who tracks the pipeline. Reach out to The Mastropieri Group, Realtors® or call (561) 556-9853.
Why does this matter for West Palm Beach?
This is a meaningful addition to Palm Beach County's housing pipeline, and in a spot that needs it: 1,145 rental homes, including workforce units, next to the airport and major roads. As Larry Mastropieri put it on the Discover South Florida Podcast: "Adding additional housing will help create a little bit more affordability here in South Florida." He added, "It's good for people who need homes and quality homes because we're running out of that here." It also fits a familiar South Florida pattern, a defunct site turning into dense housing, much like a former industrial site in Delray that is becoming 386 rentals.
The developers are busy elsewhere, too. Terra, led by David Martin, is building Mr. C Residences in West Palm Beach and is set to buy land from Jeff Greene near his One West Palm project, while Frisbie has hit some setbacks lately, pulling back a Palm Beach assemblage and seeing its One Boca plan voted down.
Watch More on This Topic: Watch this segment | Full Episode | Last week's recap
Frequently Asked Questions
What is Westgate Village in West Palm Beach?
Westgate Village is a planned 1,145-unit mixed-use community on the site of the former Palm Beach Kennel Club, in unincorporated Palm Beach County near Palm Beach International Airport. Developed by Terra and the Frisbie Group, it will include rental apartments and 120,000 square feet of retail and commercial space across three phases.
How much have Terra and Frisbie spent on the site?
The partners have spent about $48.2 million across three purchases: $20.9 million in 2025, $7.79 million in June 2026, and $19.5 million in September 2026 for a 26.1-acre parcel. Together, the buys assemble roughly 42 acres of the former dog track for redevelopment.
Will Westgate Village include affordable or workforce housing?
Yes. About 20% of the units in the first phase are planned as workforce housing, aimed at residents priced out of the market. The overall project is designed as a mixed-income community rather than a gated subdivision, adding needed rental supply to Palm Beach County.
What happened to the Palm Beach Kennel Club?
The Kennel Club opened in 1932 and hosted greyhound racing for nearly 90 years until 2020, when a statewide voter ban ended dog racing in Florida. The casino continues to operate under the Rooney family, but the land Terra and Frisbie bought reportedly carries a 50-year ban on gaming.
When will Westgate Village be built?
Construction is expected to start this year. The project is planned in three phases of roughly 400, 340, and 405 units, with the first phase targeted for around 2028 and the remaining phases running through about 2032.
Local help for West Palm Beach buyers, sellers, and investors
Whether you are renting near a new community, buying, or weighing an investment as West Palm Beach keeps growing, it helps to work with a team that closely follows local development. Reach out to The Mastropieri Group, Realtors® in West Palm Beach, or call (561) 556-9853 for practical, hands-on guidance across South Florida.
Enjoy this blog post? Click here to subscribe for updates
Leave A Comment