A highly anticipated development project named Tuttle Royale has filed for bankruptcy, leaving residents uncertain about the future of what was promised to be Royal Palm Beach’s version of City Place.
Main Street at Tuttle Royale, a major development of shops and restaurants, is now in the hands of bankruptcy court as they work through a reorganization plan. Two potential buyers have offered upwards of $60 million for the property, according to court documents.
The project site currently sits as an empty dirt field separated from nearby homes by a chain-link fence, despite years of development promises. Within the project are apartment communities which have been completed, single family homes are still under construction…