West Palm Beach New Construction & Proposed Multifamily Projects 2Q19
ID PROPERTY UNITS5 Azola West Palm 179
7 Town at Southern 392
Total Under Construction 571
9 Arcadia Gardens 220
10 North Flagler 225
13 Reflection Bay 680
28 Solera at City Centre 136
29 Haverhill 270
31 Uptown Boca 456
Total Planned 1,987
32 Latitude 263
33 Ellison Wilson Road & Shady Lane 70
38 Catalina 68
48 Axis Wellington Green Phase II 140
51 Tuttle Royale 680
52 Village Professional Park 434
61 Agricultural Reserve 400
62 Banyan Cove 102
63 Delray Trails 436
64 Terra Nova 212
66 Boca Dunes Golf and Country Club 446
81 Abidjan Estates 163
82 Lenox North Beach 250
83 Banyan Ridge 228
84 Vista Parkway 692
Total Prospective 4,584 Source: Yardi Matrix2 mi
32 82
33
81
61 64
63 62
513883
84
52
48
66
10
9
1329
28
31
7
5
Lease-Up Under Construction Planned ProspectiveLEGEND
West Palm Beach New Construction & Proposed Multifamily Projects 2Q19
ID PROPERTY UNITS2 Cade Boca Raton 90
Total Lease Up 90
24 1690 - 2350 South Congress Avenue 636
25 Aura Boca Colonnade 322
26 Boca Villa Phase II 55
27 Monarch Boca Raton 384
30 Atlantic Crossing 261
Total Planned 1,658
65 Village Square Phase III 142
67 5201 Residential 284
68 5300 and 5400 Broken Sound Blvd 297
69 Amtec Residential Center 304
70 BRIC Residential PMD 297
71 Florida Crystals Residential at Broken Sound 178
72 Midtown Boca 649
73 Ocean Breeze 200
74 200 South Federal 220
75 Camino Square 350
76 Fairfield at Pompano Beach, The 327
77 Florida Atlantic University 360
78 Grove, The 144
79 Mizner Park Amphitheater Redevelopment 400
80 Ocean Palm 70
86 AltaWest 195
87 Village at the Park 152
Total Prospective 4,569 Source: Yardi Matrix2000 ft
86
87
65
737169
6867
70
78
77
7976
8074
75
72
2
25
27
26
24
30
Lease-Up Under Construction Planned ProspectiveLEGEND
West Palm Beach New Construction & Proposed Multifamily Projects 2Q19
ID PROPERTY UNITS1 Village at Mangonia Lake 240
Total Lease Up 240
6 One West Palm 328
8 Oversea 251
Total Under Construction 579
11 550 Banyan Blvd 348
12 Carefree Theater Redevelopment 97
14 Transit Village 420
18 South Dixie Highway 300
Total Planned 1,165
34 Arts on Broadway 52
35 1422 / 1600 / 1614 North Congress 200
36 1500 Centrepark Blvd 246
37 23rd Street & Ponce De Leon Avenue 2,300
39 City Place Redevelopment 300
40 CityPlace 375
41 Clear Lake Estates 352
42 Clematis Place 162
43 District Flats 178
44 Loftin Place Phase II 204
Total Prospective 4,369 Source: Yardi Matrix2000 ft
34
37
40 44
42
39
43
36
35
41
1
14
18
12
11
6
8
Lease-Up Under Construction Planned ProspectiveLEGEND
West Palm Beach New Construction & Proposed Multifamily Projects 2Q19
ID PROPERTY UNITS
3 Alta @ Cortina 324
4 Water Tower Commons 360
Total Under Construction 684
15 Windsor Place 184
16 Golden Road 189
17 MID 230
19 550 Minori Lane 433
20 Boynton Beach Town Square Redevelopment 705
21 Ocean One 231
22 Riverwalk Plaza 326
23 Villages at East Ocean Avenue, The 371
Total Planned 2,669
45 5024 State Road 7 157
46 8238 Lake Worth Road 362
47 Andalucia 338
49 Polo Legacy 184
50 Rubin Farms 284
53 4280 Lakewood Road 96
54 4411 South Congress Avenue 360
55 Aviera Green 56
56 Channel Side 108
57 Water Tower Commons Phase II 348
58 Ocean One Phase II 127
59 Quantum Lake Villas West 104
60 Villages at East Ocean Avenue - South Parcel, The 50
85 Lofts at Lake Worth 318
Total Prospective 2,892 Source: Yardi Matrix2000 ft
55
56
53
54
85465049
47
45
59
57
5860
22
19
15
16
17
20
2123
4
3
Lease-Up Under Construction Planned ProspectiveLEGEND
West Palm Beach New Construction and Proposed Multifamily Projects
Source: Yardi Matrix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
1 Village at Mangonia Lake 2101 North Australian Avenue West Palm Beach FL 33407 Lease-Up 240 West Palm Beach 03/05/2018 09/30/2019 03/31/2019
2 Cade Boca Raton 950 Broken Sound Pkwy NW Boca Raton FL 33487 Lease-Up 90 Boca Raton-west 12/01/2017 06/30/2019 06/06/2018
Total Lease-Up 330
3 Alta @ Cortina Boynton Village & Renaissance Commons Blvd North Boynton Beach FL 33426 Under Construction 324 Boynton Beach 02/21/2019 01/31/2021
4 Water Tower Commons 1199 West Lantana Road Lantana FL 33462 Under Construction 360 Atlantis 01/20/2019 06/30/2020
5 Azola West Palm 8230 Okeechobee Blvd West Palm Beach FL 33411 Under Construction 179 West Palm Beach 03/01/2018 01/31/2020
6 One West Palm 550 North Quadrille Blvd West Palm Beach FL 33401 Under Construction 328 West Palm Beach 01/31/2019 01/31/2020
7 Town at Southern 11020 TOWN CIRCLE Royal Palm Beach FL 33414 Under Construction 392 Royal Palm Beach 12/31/2017 12/31/2019
8 Oversea 200 2nd Street West Palm Beach FL 33401 Under Construction 251 West Palm Beach 04/26/2018 09/30/2019
Total Under Construction 1,834
9 Arcadia Gardens 3650 Rca Blvd Palm Beach Gardens FL 33410 Planned 220 North Palm Beach
10 North Flagler 3801 Design Center Drive Palm Beach Gardens FL 33410 Planned 225 North Palm Beach
11 550 Banyan Blvd 550 Banyan Blvd West Palm Beach FL 33401 Planned 348 West Palm Beach
12 Carefree Theater Redevelopment 2000 South Dixie Hwy West Palm Beach FL 33401 Planned 97 West Palm Beach
13 Reflection Bay Century Blvd & Haverhill Road West Palm Beach FL 33417 Planned 680 West Palm Beach
14 Transit Village 150 Clearwater Drive West Palm Beach FL 33401 Planned 420 West Palm Beach
15 Windsor Place NWC Hypoluxo Road & Lyons Road Lake Worth FL 33467 Planned 184 Royal Palm Beach
16 Golden Road 2253 Keast Lane Lake Worth FL 33461 Planned 189 Palm Springs
17 MID 1601 North Dixie Hwy Lake Worth FL 33460 Planned 230 Palm Springs
18 South Dixie Highway 3111 South Dixie Hwy West Palm Beach FL 33405 Planned 300 Palm Springs
19 550 Minori Lane 550 Minori Lane Boynton Beach FL 33426 Planned 433 Boynton Beach
20 Boynton Beach Town Square Redevelopment 4975 Park Ridge Blvd Boynton Beach FL 33426 Planned 705 Boynton Beach
21 Ocean One 114 North Federal Hwy Boynton Beach FL 33435 Planned 231 Boynton Beach
22 Riverwalk Plaza 1620 South Federal Hwy Boynton Beach FL 33435 Planned 326 Boynton Beach
23 Villages at East Ocean Avenue, The NE 3rd Street & East Ocean Avenue Boynton Beach FL 33435 Planned 371 Boynton Beach
24 1690 - 2350 South Congress Avenue 1690 South Congress Avenue Delray Beach FL 33445 Planned 636 Delray Beach
25 Aura Boca Colonnade 789 West Yamato Road Boca Raton FL 33487 Planned 322 Boca Raton-west
26 Boca Villa Phase II 100 West Hidden Valley Blvd Boca Raton FL 33487 Planned 55 Boca Raton-west
West Palm Beach New Construction and Proposed Multifamily Projects
Source: Yardi Matrix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
27 Monarch Boca Raton 200 SE Mizner Blvd Boca Raton FL 33432 Planned 384 Boca Raton-east
28 Solera at City Centre Ellison Wilson Road & PGA Blvd Palm Beach Gardens FL 33408 Planned 136 North Palm Beach
29 Haverhill 2460 Haverhill Road West Palm Beach FL 33417 Planned 270 West Palm Beach
30 Atlantic Crossing 777 East Atlantic Avenue Delray Beach FL 33483 Planned 261 Boynton Beach
31 Uptown Boca 9774 Glades Road Boca Raton FL 33428 Planned 456 Sandelfoot Cove
Total Planned 7,479
32 Latitude 12450 Central Blvd Palm Beach Gardens FL 33418 Prospective 263 Jupiter
33 Ellison Wilson Road & Shady Lane Ellison Wilson Road & Shady Lane Palm Beach Gardens FL 33408 Prospective 70 North Palm Beach
34 Arts on Broadway 2823 Broadway Avenue West Palm Beach FL 33407 Prospective 52 Palm Beach Shores
35 1422 / 1600 / 1614 North Congress 1614 North Congress Avenue West Palm Beach FL 33409 Prospective 200 West Palm Beach
36 1500 Centrepark Blvd 1500 Centrepark Blvd West Palm Beach FL 33401 Prospective 246 West Palm Beach
37 23rd Street & Ponce De Leon Avenue 23rd Street & Ponce De Leon Avenue West Palm Beach FL 33407 Prospective 2,300 West Palm Beach
38 Catalina 6288 Belvedere Road West Palm Beach FL 33413 Prospective 68 West Palm Beach
39 City Place Redevelopment 700 South Rosemary Avenue West Palm Beach FL 33401 Prospective 300 West Palm Beach
40 CityPlace 680 North Rosemary Avenue West Palm Beach FL 33401 Prospective 375 West Palm Beach
41 Clear Lake Estates 719 Executive Center Drive West Palm Beach FL 33401 Prospective 352 West Palm Beach
42 Clematis Place 530 Clematis Street West Palm Beach FL 33401 Prospective 162 West Palm Beach
43 District Flats 1630 Clare Avenue West Palm Beach FL 33401 Prospective 178 West Palm Beach
44 Loftin Place Phase II 805 North Olive Avenue West Palm Beach FL 33401 Prospective 204 West Palm Beach
45 5024 State Road 7 5024 South State Road 7 Lake Worth FL 33449 Prospective 157 Royal Palm Beach
46 8238 Lake Worth Road 8238 Lake Worth Road Lake Worth FL 33467 Prospective 362 Royal Palm Beach
47 Andalucia 4599 87th Drive South Lake Worth FL 33467 Prospective 338 Royal Palm Beach
48 Axis Wellington Green Phase II 3409 Pomerol Drive Wellington FL 33414 Prospective 140 Royal Palm Beach
49 Polo Legacy Lake Worth Road & Polo Club Road Lake Worth FL 33467 Prospective 184 Royal Palm Beach
50 Rubin Farms 8450 Lake Worth Road Lake Worth FL 33467 Prospective 284 Royal Palm Beach
51 Tuttle Royale State Route 7 & US Route 441 Royal Palm Beach FL 33411 Prospective 680 Royal Palm Beach
52 Village Professional Park 1381 South State Road 7 Wellington FL 33414 Prospective 434 Royal Palm Beach
53 4280 Lakewood Road 4280 Lakewood Road Lake Worth FL 33461 Prospective 96 Palm Springs
West Palm Beach New Construction and Proposed Multifamily Projects
Source: Yardi Matrix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
54 4411 South Congress Avenue 4411 South Congress Avenue Lake Worth FL 33461 Prospective 360 Palm Springs
55 Aviera Green 2081 Haverhill Road West Palm Beach FL 33415 Prospective 56 Palm Springs
56 Channel Side Canal 10 Road & South Military Trail West Palm Beach FL 33415 Prospective 108 Palm Springs
57 Water Tower Commons Phase II 1199 West Lantana Road Lantana FL 33462 Prospective 348 Atlantis
58 Ocean One Phase II 114 North Federal Hwy Boynton Beach FL 33435 Prospective 127 Boynton Beach
59 Quantum Lake Villas West East Gateway Blvd & Quantum Lakes Drive Boynton Beach FL 33426 Prospective 104 Boynton Beach
60 Villages at East Ocean Avenue - South Parcel, The SE 3rd Street & East Ocean Avenue Boynton Beach FL 33435 Prospective 50 Boynton Beach
61 Agricultural Reserve 8225 West Atlantic Avenue Delray Beach FL 33446 Prospective 400 Delray Beach
62 Banyan Cove 13038 Barwick Road Delray Beach FL 33445 Prospective 102 Delray Beach
63 Delray Trails 5750 Phoenix Palm Court Delray Beach FL 33484 Prospective 436 Delray Beach
64 Terra Nova 7555 Umberto Place Delray Beach FL 33446 Prospective 212 Delray Beach
65 Village Square Phase III 737 Village Square Circle Delray Beach FL 33444 Prospective 142 Delray Beach
66 Boca Dunes Golf and Country Club 22866 SW 65th Avenue Boca Raton FL 33428 Prospective 446 Sandelfoot Cove
67 5201 Residential 5201 Congress Avenue Boca Raton FL 33487 Prospective 284 Boca Raton-west
68 5300 and 5400 Broken Sound Blvd 5400 Broken Sound Blvd NW Boca Raton FL 33487 Prospective 297 Boca Raton-west
69 Amtec Residential Center 6401 Congress Avenue Boca Raton FL 33487 Prospective 304 Boca Raton-west
70 BRIC Residential PMD 5000 T-Rex Avenue Boca Raton FL 33431 Prospective 297 Boca Raton-west
71 Florida Crystals Residential at Broken Sound 6111 Broken Sound Pkwy NW Boca Raton FL 33487 Prospective 178 Boca Raton-west
72 Midtown Boca 21046 Commercial Trail Boca Raton FL 33486 Prospective 649 Boca Raton-west
73 Ocean Breeze 5800 NW 2nd Avenue Boca Raton FL 33487 Prospective 200 Boca Raton-west
74 200 South Federal 200 South Federal Hwy Boca Raton FL 33432 Prospective 220 Boca Raton-east
75 Camino Square 171 West Camino Real Boca Raton FL 33432 Prospective 350 Boca Raton-east
76 Fairfield at Pompano Beach, The 601 North Federal Hwy Boca Raton FL 33432 Prospective 327 Boca Raton-east
77 Florida Atlantic University Florida Atlantic Blvd & Glades Road Boca Raton FL 33431 Prospective 360 Boca Raton-east
78 Grove, The 2600 NW 5th Avenue Boca Raton FL 33431 Prospective 144 Boca Raton-east
79 Mizner Park Amphitheater Redevelopment 590 Plaza Real Boca Raton FL 33432 Prospective 400 Boca Raton-east
80 Ocean Palm 1 South Ocean Blvd Boca Raton FL 33432 Prospective 70 Boca Raton-east
81 Abidjan Estates SW Avenue J & Downs Circle Belle Glade FL 33430 Prospective 163 Belle Glade
West Palm Beach New Construction and Proposed Multifamily Projects
Source: Yardi Matrix© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
82 Lenox North Beach 12045 Highway 1 North Palm Beach FL 33408 Prospective 250 North Palm Beach
83 Banyan Ridge SWC Belvedere Road & North Cleary Road West Palm Beach FL 33413 Prospective 228 West Palm Beach
84 Vista Parkway 1635 Meathe Road West Palm Beach FL 33411 Prospective 692 West Palm Beach
85 Lofts at Lake Worth 4404 Charleston Street Lake Worth FL 33467 Prospective 318 Palm Springs
86 AltaWest SW 9th Avenue & West Atlantic Avenue Delray Beach FL 33444 Prospective 195 Delray Beach
87 Village at the Park 625 Auburn Circle West Delray Beach FL 33444 Prospective 152 Delray Beach
Total Prospective 16,414
TOTAL WEST PALM BEACH 26,057