Riviera Beach is experiencing significant growth in residential development, with nearly 2,000 condos and apartments currently in the pipeline. This activity comes as the city seeks to attract more investment along its waterfront and downtown corridors.
According to an analysis by The Real Deal, Riviera Beach is actively pursuing redevelopment opportunities. The city council is reviewing proposals from two developers for the 90-acre Marina Village project: Sonnenblick Development of Los Angeles, led by Bob Sonnenblick, and Forest Development of North Palm Beach, led by Peter Baytarian. Both proposals include residential elements.
Forest Development is also among several firms vying for a separate 2.2-acre city-owned parcel that could accommodate hundreds of additional housing units. Other contenders for this site are Kenco Communities based in West Palm Beach and Frontier Development & Hospitality Group from Washington, D.C.
Several projects have already secured approvals or financing:
– Residences at Marina Village at 57 East 12th Street will be an eight-story building with 149 apartments developed by Related Group. Approved in June, it received $100.3 million in construction funding in September. The units are intended for households earning between 30 percent and 110 percent of Palm Beach County’s area median income; this figure was $104,000 in 2024.
– Gallery at Marina Village at 1300 Broadway is a planned two-tower complex with 418 apartments being developed by Related Group alongside BH Group and Tezral Partners. The project will also offer retail space, offices, and parking.
– At 251 West 11th Street, O’Connor Capital Partners plans the Marina Annex—a mixed-use apartment project with 175 units plus retail space and a community center operated with Alpha Phi Alpha Foundation.
– SobelCo has received final approval for a large condo development at 1117 Broadway on a former boat yard site purchased for $12 million earlier this year. The project includes four buildings totaling over 500 condos along with commercial space.
– Estate Companies will build Soleste on the Trail at 7920 North Military Trail—a four-story complex featuring 255 apartments on land acquired for $8 million in 2021; BB Americas Bank provided a $60 million construction loan last September.
– Forest Development’s Oculina project at 3700 Broadway will feature two towers containing nearly 400 condo units as well as restaurant, office, and retail spaces. To allow greater height and density than initially permitted, Baytarian agreed to contribute $4.9 million to Riviera Beach’s affordable housing fund.
The city continues to explore further options to expand its residential offerings as part of ongoing efforts to revitalize key areas.
