Riviera Beach is experiencing significant growth in its residential development sector, with nearly 2,000 condos and apartments currently in the pipeline. This activity is part of a broader development trend across South Florida.
The city is also seeking developers for its 90-acre Marina Village project, which focuses on redeveloping the waterfront corridor. The Riviera Beach City Council is reviewing proposals from two developers: Bob Sonnenblick’s Los Angeles-based Sonnenblick Development and Peter Baytarian’s North Palm Beach-based Forest Development. Both proposals include residential elements.
Forest Development is also competing with Kenco Communities from West Palm Beach and Frontier Development & Hospitality Group from Washington, D.C., for another city-owned site measuring 2.2 acres that could accommodate several hundred more residential units.
Among the projects underway:
– The Related Group, led by the Pérez family out of Miami, plans to build an eight-story apartment complex called Residences at Marina Village at 57 East 12th Street. The project will have 149 units for households earning between 30 percent and 110 percent of Palm Beach County’s area median income ($104,000 in 2024). The developer received approval in June and secured $100.3 million in construction financing this September.
– Gallery at Marina Village will be located next to Residences at Marina Village at 1300 Broadway. Related Group has partnered with BH Group (led by Isaac and Liat Toledano) and Tezral Partners (headed by Tony Brown and Ezra Saffold) for this venture. Plans call for a pair of towers reaching up to 20 stories with a total of 418 apartments, about 3,000 square feet each of retail space and offices, plus a parking garage with capacity for 648 vehicles.
– O’Connor Capital Partners from New York is working on Marina Annex at 251 West 11th Street alongside Urban Farmers and the Riviera Beach Housing Authority. This mixed-use project includes 175 apartments, retail space totaling 6,500 square feet, and a community center spanning approximately 15,000 square feet named after Edward Rodgers—the first Black circuit court judge in Palm Beach County—run by the Alpha Phi Alpha Foundation.
– SobelCo from Boca Raton intends to develop a large mixed-use condo complex at a former boat yard located at 1117 Broadway. The plan features two buildings standing twenty stories tall each as well as two thirteen-story buildings comprising altogether 508 condos; there will also be about ten thousand square feet set aside for retail/restaurant use plus a parking garage offering over one thousand spaces. SobelCo purchased this property for $12 million earlier this year after receiving final city approval.
– Estate Companies based in South Miami aims to construct Soleste on the Trail—a four-story apartment building with 255 units—at their recently acquired site on North Military Trail (7920). They bought the nearly sixteen-acre parcel in late 2021 for $8 million according to public records; they obtained $60 million in construction financing through BB Americas Bank last September.
– At another location formerly occupied by Winn-Dixie (3700 Broadway), Forest Development’s Baytarian plans Oculina: two condo towers rising twenty-five stories each containing a combined total of three hundred ninety-nine units along with substantial commercial space including restaurants (over seventeen thousand square feet), offices (eleven thousand), and retail outlets (almost ten thousand). In exchange for increased height/density allowances granted by the city council, Baytarian agreed to contribute $4.9 million toward Riviera Beach’s affordable housing fund.
