Construction is moving forward on The Berkeley Palm Beach, a 25-story condominium development underway at 601 and 621 Clearwater Park Road, facing Clear Lake in West Palm Beach. The tower is being developed by Australian Property Group, led by Al Adelson, in partnership with Sympatico Real Estate. Adelson previously led the development of The Bristol, a nearby condominium completed in 2019.
The development team secured a $30 million construction loan in May 2025 from West Palm Beach-based WPC US LLC. The loan covers the 1.92-acre site, which broke ground in December 2024. Adelson assembled the nearly two-acre development site in transactions recorded in 2021 and 2022, paying a combined total of $13.8 million, according to public records.
A recent post from the project’s official Instagram account confirmed that earthwork and site preparation are actively ongoing…