ArchiWise tracks 4 stories about real estate, zoning, permitting, and policy in West Palm Beach, Palm Beach County, Florida. We surface the local decisions (rezonings, council debates, infrastructure investment, hazard mapping updates) that change how property gets built and bought. Updated as new coverage publishes.
Newgard Development Group, in partnership with Porsche Design, has unveiled Porsche Design Concours, an automotive-focused development featuring 22 private studios and a clubhouse in West Palm Beach, Florida. This project marks the first phase of a planned national network of luxury automotive ownership properties.
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Doug Faron's West Palm Beach-based real estate investment firm, Westlight Capital, has rapidly accumulated $750 million in assets under management, primarily targeting multifamily properties and special situations.
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Venture capital firm Andreessen Horowitz has signed an office lease at CityPlace Tower in West Palm Beach to house its defense-focused American Dynamism fund. The move reinforces developer Stephen Ross's multi-billion-dollar push to establish South Florida as a prime destination for major tech and financial tenants.
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Fairfield Residential acquired the 812-unit Portofino Place Apartments in West Palm Beach from Cortland for $208 million, assuming $178 million in Freddie Mac financing. The transaction marks a roughly $20 million discount from the seller's 2021 acquisition price.
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