It’s not just the financial and commercial sectors that are flourishing in West Palm, Florida: Residential apartments are selling for as much as $25 million.
On the eighth floor of a shiny new glass office tower, employees of Goldman Sachs and a variety of hedge funds slip past security with fingerprint recognition. Inside, Related bosses Stephen Ross and Ken Himmel, two of New York’s most powerful real estate moguls, convene with financial titans. But this isn’t Lower Manhattan — it’s West Palm Beach.
Ross and Himmel are a driving force behind the area’s rapid transformation. They have eight commercial and four residential properties either open or in the pipeline in West Palm, and are developing the neighborhood’s central retail area: The Square. Though locals worry about further congestion created when some new buildings open, the developers say they are conscious of their civic responsibility. Landscaping, public green space and art are being added, while both Related and developer Jeff Greene are constructing affordable housing rental buildings, and have donated land and money to the University of Florida, which is building a 1 million-square-foot satellite campus for grad students.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Photos: Astros spring training beginsA look at some of the pictures from Day 1 of Astros spring training in West Palm Beach,...
Leer más »
Tree trimmer pinned, killed by palm fronds in Bonita identifiedBardomiano Bautista-Perez was trapped when dead palm fronds fell on him at a residence on Bonita Verde Drive
Leer más »
Where to Visit, Eat and Stay During Palm Springs Modernism WeekAs the 11-day design and architecture fest kicks off, here are the best new restaurants and hotels to check out and check into in the desert.
Leer más »
Borrego Health plans to sell its clinics to Palm Springs-based providerThe selection of DAP Health, which still needs a bankruptcy court's approval, comes more than two years after federal agents raided Borrego Health clinics and offices.
Leer más »
Palm tree trimming accident kills California manThe man was trapped 50 feet high in the tree.
Leer más »