The Real Deal Miami

Posts Tagged ‘lake worth’

  • Developer set to revive historic hotel in Lake Worth

    Hudson Holdings is going ahead with an $80 million makeover of the Gulfstream Hotel
    April 16, 2017 10:15AM

    The Gulfsteam Hotel at  1 Lake Avenue in Lake Worth

    A Delray Beach-based developer is planning to renovate, expand and reopen the historic Gulfstream Hotel in Lake Worth.

    The shuttered hotel at 1 Lake Avenue, which opened in 1924, has been listed on the National Register of Historic Places since 1983. [more]

  • Developer starts leasing luxury rentals for seniors

    Big Rock Partners expects to finish building Atria at Villages of Windsor in fall
    February 26, 2017 03:00PM

    Atria at Villages of Windsor rendering

    A California-based developer has started leasing luxury apartments at a senior housing development near Lake Worth.

    Big Rock Partners opened a welcome center for Atria at Villages of Windsor, a 320-unit development on a 22.5-acre site at the intersection of Lyons Road and Hypoluxo Road. [more]

  • Gulfstream Hotel owner blames city for not attracting investment, considers sale

    Owners plan for $70 million renovation of the historic hotel may be in limbo
    January 17, 2017 12:00PM

    Gulf Stream Hotel Lake Worth

    The owners of the Gulfsteam Hotel in Lake Worth are considering selling the property and are blaming city officials for not doing more to attract investment to downtown Lake Worth. [more]

  • IMC Equity Group buys shopping center near Lake Worth for $31M

    Center is fully leased with asking rents above market average
    December 20, 2016 03:45PM

    Lantana Square

    It’s been a busy year for North Miami’s IMC Equity Group, which has added yet another South Florida retail plaza to its commercial portfolio.

    County records show the investment firm just scooped up the Lantana Square Shopping Center at 6169 Jog Road for $31 million, or roughly $293 per square foot. The seller is the real estate arm of Principal Global Investors, an Iowa-based company that has business interests in everything from insurance to securities. [more]

  • PulteGroup set to sell homes west of Lake Worth

    The builder's DiVosta Homes unit will build 916 houses and townhomes at The Field
    December 11, 2016 09:20AM
    Rendering of the Summerwood model at The Fields residential development west off Lake Worth

    Rendering of the Summerwood model at The Fields residential development west of Lake Worth

    Home builder PulteGroup Inc. soon will formally launch sales of the first of 916 houses and townhomes west of Lake Worth.

    PulteGroup’s DiVosta Homes unit is building the development, called The Fields, at the location of the former Gulfstream Polo Club.

    Atlanta-based PulteGroup this year bought the old Gulfstream Polo Club and nearby horse farms for approximately $49 million. [more]

  • Ariana Peters takes helm and expands Lake Worth real estate empire

    She is the family's senior exec, works with sisters who are 17 and 20
    July 27, 2016 03:45PM

    From left, Dresden Peters, Ariana Peters, Dakota Peters

    You can call her the Ivanka Trump of Lake Worth. Ariana Peters, 22, took over from her father Douglas Peters as CEO of Peters Development two years ago and has expanded the company’s portfolio of commercial buildings in Lake Worth to 32. [more]

  • Developers flock to middle cities of Palm Beach County

    Projects include Water Tower Commons in Lantana and Cortina in Boynton Beach
    June 07, 2016 08:45AM

    A 2014 aerial picture of Lantana and South Palm Beach (Credit: WPPilot)

    With real estate prices soaring in the ritzy cities of northern and southern Palm Beach County — Jupiter, Palm Beach Gardens, Delray Beach and Boca Raton — developers are increasingly entering the less expensive middle cities, such as Lake Worth, Boynton Beach and Lantana. [more]

  • GL Homes to pay $17M for Lake Worth golf course

    The builder's plans at Fountains Country Club include its first multifamily project
    June 04, 2016 11:15AM
    Fountains Country Club in Lake Worth

    Fountains Country Club in Lake Worth

    Sunrise-based GL Homes has a deal to pay $17 million for a golf course at Fountains Country Club in Lake Worth.

    GL Homes would build as many as 200 single-family homes priced from $400,000 to $600,000 there, plus 250 to 300 rental apartments — the builder’s first multifamily project. [more]

  • Gulfstream Polo Club sells its lands to home builder for $49M

    Property owners first listed property for sale more than 10 years ago
    May 03, 2016 11:15AM
    Gulfstream Polo Club at 4550 Polo Road

    Gulfstream Polo Club at 4550 Polo Road

    The Gulfstream Polo Club, a 93-year-old fixture of Palm Beach County’s equestrian culture, and several private owners have closed on the sale of their Lake Worth lands to developer Pulte Homes for $49 million. [more]

  • C.W.S. Craft Cocktails and Kitchen to open in Lake Worth

    Restaurant will have indoor and outdoor seating for 150
    February 23, 2016 09:45AM
    522 Lucerne Ave

    522 Lucerne Avenue in Lake Worth

    C.W.S. Craft Cocktails and Kitchen, backed by 3-J Hospitality, is opening in Lake Worth in mid- to late-March. [more]