West Palm Growth2018-06-29T22:39:53+00:00

Downtown Growth

West Palm Beach is in the midst of an economic and development boom with over $2.5 billion in construction projects proposed or currently under construction. The current pipeline includes over 3,000 residential units, over 1,000 new hotel keys and several exciting mixed-use developments. The downtown is well positioned to capitalize on the significant growth currently taking place throughout south Florida.

Nearby Proposed / Under Construction Projects

1. One West Palm/550 Quadrille
2. Old City Hall Site/Autograph Hotel & Residences
3. Aloft Hotel
4. Banyan Lofts
5. Clematis Place
6. West Palm Beach Transit Village
7. Brightline Residential
8. The Alexander
9. Broadstone at Clematis
10. 419 Lakeview Ave/Opera Place
11. The Bristol
12. Canopy Hotel (Under Construction)
13. Cosmopolitan
14. Palm Harbor Hotel
15. Clematis Boutique Hotel
16. Marriott Renaissance Hotel
17. Convention Center Garage Expansion
18. Restoration Hardware Gallery
19. Rosemary Avenue Redevelopment

Events in West Palm Beach

SUNFEST Founded in 1982, SunFest is Florida’s largest waterfront music and art festival. Held annually in downtown West Palm Beach, Florida the first week in May.

PALM BEACH INTERNATIONAL BOAT SHOW
is one of the top five boat shows in the country – featuring more than $1.2 billion worth of boats, yachts and accessories from the world’s leading marine manufacturers.

4th on Flagler
is South Florida’s largest Independence Day celebrations.

WPB Saturday Green Market
is the area’s first and premier green market located on the scenic West Palm Beach Waterfront. You can shop more than 80 vendors featuring the freshest and most unique offerings including local produce, plants, exotic flowers, herbs, baked goods, gourmet foods, teas, coffee and much more.

Statistics

Major Employment Center

5,500,000

SF of Office Space

Palm Beach County’s Second
Largest office Market

Hilton West Palm Beach
400-room Hotel

25,000 SF MEETING SPACE that has substantially increased convention center business. Convention center bookings have increased nearly 3x from 2015 to 2017.

JOb Growth

2.2% job growth year-over-year with PROJECTED JOB GROWTH OF 3.5%

“Top city in Florida for business growth and careers.”

– Forbes
New Residential Development

3,200

Residential Units

planned/under construction within 5 miles of the site. 1,000 are currently under construction within 2-blocks of the site.

Population Growth
10.4%

Influx of young Professionals thru 2021

Arts & Cultural Center

Kravis Center for the the performing arts norton art Museum The Palm Beach Opera Dreyfoos School of the Arts Palm Beach Drama Works

Island of Palm Beach

One of the Most Affulent zip
codes in the United States