The TGL, a virtual golf league co-founded by professional golf stars Tiger Woods and Rory McIlroy, plans to restart construction of their Palm Beach Gardens facility after revamping the design.

TMRW Sports, which is running the TGL, reached an agreement with Palm Beach State College in 2022 to lease 10.7 acres to host construction of its virtual golf venue. Then, San Francisco-based digital personal finance company SoFi Technologies signed on as the presenting sponsor, resulting in the venue being dubbed the SoFi Center.

The league was originally slated to begin play with matches on ESPN in early 2024, but heavy storms in November caused a power failure at the facility and its dome deflated, causing damage to the facility before it was…

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Moss has been selected to build a luxury 201-room boutique hotel in downtown West Palm Beach.

The hotel is the first vertical development in the thoughtfully master planned Nora District being developed by New York-based BD Hotels, NDT Development, Place Projects, and Wheelock Street Capital.

The 5-story, 203,214-square-foot hotel will be located on North Railroad Avenue, anchoring 150,000 SF of highly curated commercial, restaurant, retail, office and wellness spaces that blend a walkable streetscape with a dynamic public realm. Amenities within the hotel include a rooftop pool deck complete with a restaurant, two bars, lounge area, and poolside cabanas. The ground level features a state-of-the-art spa and gym along with a warm and elegant…

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Sunshine State Home to Metro Areas Among Top 10 U.S. Population Gainers From 2022 to 2023

Florida was home to four of the nation’s top five fastest-growing metropolitan statistical areas and three of the top 10 that gained the largest number of people from 2022 to 2023, reflecting continued population growth across the South.

The increases in Florida — the nation’s third most populous state — were fueled by rapid growth in select metro areas in the state during that period (Figure 1).

The population growth in Florida’s metro areas underscores a larger trend of widespread population growth across the South, the nation’s fastest-growing region and site of all of the top 10 fastest-growing U.S. metro areas from 2022 to 2023.

Among them:

    …

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A local telecommunications company will relocate its headquarters to a 40,000-square-foot office space in Palm Beach County.

Dycom Industries (NYSE: DY) closed on a lease to occupy the top two floors of 300 Banyan, a 12-story office building now under construction at 300 Banyan Blvd. in downtown West Palm Beach.

Dycom will move into 300 Banyan in the first quarter of 2025, said a spokeswoman for the building's developers, West Palm Beach-based Brand Atlantic Real Estate Partners and Greenwich, Connecticut-based Wheelock Street Capital. The building is slated to be finished in April, she added.

Brian Gale and Anthony Librizzi of Cushman & Wakefield represented Brand Atlantic and Wheelock in the lease negotiations. Derek Baker of Colliers…

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The Palm Beach Town Council will get its first look Wednesday at the new restaurant superstar chef-restaurateur Thomas Keller plans to open in the spot once home to Worth Avenue’s iconic Ta-boo.  

Turns out, the new eatery will be called Ta-boo.  

That’s according to documents filed by property owners 219 Worth Avenue Holdings LLC, which detail the upcoming restaurant at 221 Worth Ave. as continuing the legacy of the eatery that had served the town for eight decades before its forced closure in May 2023.  

Council members during the restaurant’s upcoming Development Review meeting also will be voting on the special exceptions required to open a restaurant and a special exception tied to the expansion of the restaurant. 

The…

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The Cottonwood West Palm Apartments in West Palm Beach were sold for $85.3 million.

CC West Palm LLC, an affiliate of Salt Lake City-based Cottonwood Communities, sold the 245 apartments at 7100 Okeechobee Blvd. to PP CWPB Investors LLC, care of New York-based Pantzer Properties. CBRE Capital Markets provided the buyer with a $50.02 million mortgage that matures in 2029. Property data firm Vizzda confirmed the buyer and seller information.

The price equated to $340,816 per unit.

The apartment complex last traded for $66.92 million in 2019, so it had a nice gain in value. That’s a reflection of the sharp increase in rents in Palm Beach County over the past five years.

However, the recent rise in interest rates has depressed the value…

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Sears,  struggling financially for years nationwide, has ended its 36-year run at The Gardens Mall and closed its doors.

The store was one of the original anchor tenants when the mall on PGA Boulevard east of Interstate 95 in Palm Beach Gardens opened in 1988. The others were Burdines, since closed, and the second Macy’s in Florida.

The 147,592-square-foot store was once known for tools, appliances and other household goods, as well as apparel and shoes for the entire family, and even auto repairs.

“A founding department store for Sears Palm Beach Gardens retail destination, Sears will close this month at The Gardens Mall. The Forbes Company, along with their partners, are working together to announce new plans for the repurposing of the…

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