Sinatra & Company has proposed a new townhouse development in Riviera Beach, adding to the city’s growing real estate activity. The Buffalo-based developer plans to build 36 townhomes on a 2.42-acre site at 4142 Leo Lane, across from where the Estate Companies are planning a $60 million apartment complex.
The proposed residences will be arranged in five two-story buildings, each unit measuring about 1,960 square feet and featuring a one-car garage. The project is set for review by the Riviera Beach City Council on Wednesday.
According to Zach Ciciera, senior land planner with Cotleur & Hearing—the firm overseeing planning for the project—the homes will target residents earning between 80 and 120 percent of the area median income. “That’s $65,400 to $98,280 a year for one person,” he said, referencing last year’s HUD guidelines.
Sinatra & Company has not yet decided if the units will be offered as condos or rentals and requested flexibility during a December hearing with the city’s Planning and Zoning Board. The board unanimously supported the proposal. Ciciera provided estimated prices of “$400,000 to $550,000 for condos or $2,800 to $3,400 a month as rentals.”
If approved by city council, Sinatra & Company would have up to 18 months to begin construction and five years to secure a certificate of occupancy. The company must also report its hiring efforts regarding local residents and businesses.
Nicholas Sinatra’s entity acquired the vacant parcel in September 2023 for $2.5 million. The property sits between two plant nurseries and near Arbor Parc—a single-family community co-developed by Lennar and 13th Floor.
Nearby development includes Soleste on the Trail by South Miami-based Estate Companies—a planned 255-unit complex on a neighboring site—with apartments ranging from 700 to 1,000 square feet.
Riviera Beach has seen increased interest from developers seeking new opportunities in South Florida while city officials aim to expand their tax base and create jobs. Other significant projects include SobelCo’s planned mixed-use development at 1117 Broadway covering over one million square feet; Forest Development’s two Oculina condo towers at 3700 Broadway; and Peter Baytarian’s recently awarded contract for a $325 million mixed-use project with up to 450 apartments at 1851 Broadway.
Additionally, Related Urban secured financing in September for workforce housing near Marina Village—a project that will add nearly 150 units next to other planned high-rise developments involving Related Group, BH Group, and Tezral Partners. The city is currently accepting bids from developers for another section of Marina Village.
Elsewhere in Riviera Beach, Sonnenblick Development was selected for a large-scale redevelopment valued at $481 million that will bring new civic facilities—including city hall and library—as well as sports complexes and residential buildings across city-owned land.
