2400 Broadway, West Palm Beach
Plans for a mixed-use building with a covered park have been revealed for the “Anchor Site” in West Palm Beach.
Aventura-based Immocorp Ventures signed a term sheet with the city’s Community Redevelopment Agency (CRA) in 2019 for the 3.32-acre property at 2400 Broadway in the Northwood Village neighborhood, just north of downtown. That ground lease was approved in September 2020, but the developer still needed to finalize its site plan before moving forward.
The four-story project would have 350 apartments, 46,041 square feet of retail, and 495 parking spaces. Amenities would include a 7,000-square-foot clubhouse and a pool.
Architect is Kobi Karp .
There will be some workforce housing units and overall price for the apartments will be cheaper than in downtown.
Developer expecting to break ground in the fourth quarter of 2021 or the first quarter of 2022.