SobelCo, a development firm based in Boca Raton, has recently scored approval for a high-rise development in Riviera Beach called ‘South Broadway Condominium’. The development, which is located on the corner between W 11th St and Broadway at 1117 Broadway Boulevard, will be steps away from the Port of Palm Beach and the newly completed Marina Village.
While the development will be one of Riviera Beach’s tallest proposals in years, it isn’t the city’s first recent high-rise plan. In fact, Riviera Beach has seen growing interest from developers eager to capitalize on its waterfront views and amenities. On Thursday, July 24, the Riviera Beach Planning and Zoning Board voted unanimously to approve both the site plan and rezoning request.
The development will feature 508 condominium units, ranging from one-bedroom residences to two-bedroom units, with sizes spanning from 872 to 1,467 SF. According to The Real Deal, the homes will be marketed toward young professionals working in or near West Palm Beach, with prices starting just below $1 million.
Residents and visitors to the development’s 10,000 square feet of retail and restaurant space will have access to 1,083 parking spaces: 1,066 in a parking garage and 17 along nearby streets. Although plans remain in the early stages, the building is expected to offer a wide range of amenities, including four pools, lounge areas, and other recreational features.
According to elevations, the building will actually be separated into 4 distinct towers, connected by a shared podium. Two buildings will rise 13 floors or 139 FT, while the other two will rise to 20 floors and measure 214 FT. Interestingly, the building’s tallest portion will face a side street, Avenue E, rather than Broadway. The facade will feature curtain glass, glass balconies, and brown aluminum decorative panels covering parts of the exposed garage.
Before the project can move forward, SobelCo must still gain approval from the Riviera Beach City Council. However, with the old buildings on-site recently demolished, little preparation remains before construction can begin.