Demand for houses, apartments and even pricey condos surges in PBC
A department store that closed in West Palm Beach is being replaced by a luxury rental apartment complex, not another retailer. The site of a former office building on the Intracoastal Waterway in Boca Raton is being transformed into a luxury condominium, where units cost millions of dollars each. And the owner of a Boynton Beach shopping center, where a large tenant shut down during the coronavirus pandemic, is working on a plan to turn part of the development into multi-family housing. The nearly year-long coronavirus pandemic decimated the county's tourism and hospitality industries,...
Source: palmbeachpost.com