The city has annexed 301 acres of commercial land along western Northlake Boulevard neighboring near what will be its newest and most modern community.

The grab of an extra 300 acres of now mostly vacant land wouldn’t have made sense decades ago when Avenir wasn’t yet annexed into Palm Beach Gardens. But the build-out of what will soon be a new, burgeoning addition to the city makes this annexation the next step for Palm Beach Gardens’ growth and squaring off its western border.

The city council unanimously approved the annexation at its meeting May 4.

"I am fully supportive of the annexation," Councilmember Marcie Tinsley said that night. "It is an opportunity to round out our borders. It's been a goal of ours for years and years to annex those…

464 Views, 0 Comments

Read Full Post

 

Catalfumo Cos. obtained a $340-million construction loan for the Ritz-Carlton Residences, Palm Beach Gardens.

New York-based Madison Realty Capital provided the mortgage for the 106-unit project at 2200 PG Blvd., covering 11 acres along the Intracoastal Waterway. The seven-story condo project will have its own marina with 29 slips.

"We are honored to be working with Madison Realty Capital, which has been unwaveringly supportive," stated Daniel Catalfumo, founder of Catalfumo Cos. “The development of the Ritz-Carlton Residences, Palm Beach Gardens marks a significant milestone for our organization, and Catalfumo Companies is elated to contribute to the development of the surrounding community through this project.”

After launching sales in…

369 Views, 0 Comments

Read Full Post