The terrace of an bank accommodation follows the ambit of the abode architecture at 100 Royal Palm Way in Palm Beach.
Welcome to The Dirt! I’m absolute acreage anchorman Kimberly Miller with the latest developments in the baking market.
In 1989, West Palm Bank was such a alembic of drugs and crime that HBO’s documentary Crack USA: County Beneath Siege featured the burghal and its, um, challenges.
But, whoa, what a aberration a few decades and a few developers make.
Last week, the Palm Bank County Commission OK’d a donation of $42 actor account of city acreage for a new University of Florida alum school. CityPlace was congenital and renamed Rosemary Aboveboard then renamed the Square. Brightline speeds folks from Miami to West Palm Bank lightning fast when it’s not colliding with some poor soul on the tracks. (I beggarly seriously, what’s that all about?)
And now West Palm Bank has been nicknamed “Wall Street South” after a compensation of New York banking firms absitively to put down roots area biologic dens already stood.
Palm Bank Post chief business anchorman Alexandra Clough is the able in the city’s latest renaissance so don’t absence her chance analogue aftermost week’s celebrated vote and the speedbumps that may still be in the way.
This Aug. 24, 2021 photo shows Datura Street, larboard and Evernia Street, right, in West Palm Beach, Fla.
While the new campus in West Palm Bank seems arcadian with alum programs in finance, technology and law, there is still a little diminutive catechism about billionaire Jeff Greene’s donation of 5 acreage of land.
I don’t apperceive about you but back I apprehend him say he “hopes we arise to agreement but there are no guarantees,” I admiration how adequate agog absolute the accomplished shebang is.
Homes beneath construction, abutting to a completed home, in the Windgate subdivision in Avenir, in Palm Bank Gardens, Wednesday, January 26, 2022.
While home builders nationwide ability be activity the compression of college absorption rates, college inflation, college allowance costs and a wonky banal market, South Florida developers say they are still blessed campers with buyers acquisitive to move to the Sunshine State.
Reporting this chance was arduous because award statewide numbers on new home sales is like award the Arc of the Covenant but no Harrison Ford or chance biking vacation for perks. Still, you’ll get the abstraction that permits for new homes are up, but not as up as they were in 2020 and 2021. Things that accomplish you go hmmm.
Stay up to date on South Florida’s baking absolute acreage bazaar and assurance up for The Dirt account newsletter, delivered every Tuesday! Exclusively for Palm Bank Post subscribers.
The new Common Grounds coffee boutique is amid at the CasaMara capital in West Palm Beach.
The CasaMara affluence accommodation circuitous rose like a archetype from the bits of crumbling bare barrio and coarse affairs in the bushes forth South Dixie Highway. I apperceive this because I airing by it on my way to assignment and you don’t appetite to apperceive what I saw accident in the bushes.
Now, there’s a Common Grounds coffee shop, and seven new retailers and restaurants. It’s an agitative accession to the South Dixie aisle and makes for a abundant added affable airing to work.
Listed at $15 actor and beneath contract, Accommodation 1 at 100 Royal Palm Way has 5,870 aboveboard anxiety of active space, central an on its bank balcony.
A accommodation abode with world-class angle of the bank and The Breakers went beneath arrangement in beneath than a ages for a whopping $15 million. That may be no action during season, but in summer, it’s absolutely a feat.
Luxury absolute acreage anchorman Darrell Hofheinz has the details, including a description of the condo, which was marketed not aloof as a home to adhere your hat, but as a “once-in-a-lifetime opportunity.”
Home sales and home prices slipped in July in Palm Bank County but that doesn’t beggarly the apartment bazaar has peaked as I explain absolutely coherently in this chance about a Florida Atlantic University abstraction appear aftermost week.
Instead, South Florida is affective up in the ranks of overvalued markets as others sink. Find out which ones are abbreviating in my attack to explain what apartment economics told me back I’m not a housing economist nor do I comedy one on TV. And I didn’t break at a Holiday Inn Express.
Kimberly Miller is a adept announcer for The Palm Bank Post, allotment of the USA Today Network of Florida. She covers real acreage and how advance affects South Florida’s environment. If you accept account tips, amuse accelerate them to [email protected]
Help abutment our bounded journalism, subscribe today.
This commodity originally appeared on Palm Bank Post: West Palm Bank went from Crack USA to Gator Nation and Wall Street South
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