Bisnow: Developers See Opportunity In Growing Palm Beach CountyMay 7, 2018
Several developers have migrated north from Miami in recent years. Billionaire Jeff Greene has several multifamily projects underway, although The Real Deal reported that he killed a plan for micro-units late last year because of worries about oversupply, even though Palm Beach County’s population growth has been outpacing the nation, at 2.8%. The population is expected to hit 1.5 million this year, according to the Palm Beach Post.
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Only 30 residences, and layouts ranging from 2,700- to over 3,000-square-feet, luxury condominium 3550 South Ocean was the first new oceanfront residential development in more than a decade to break ground in Palm Beach
Photo courtesy: 3550 South Ocean development
Press source: Bisnow