Two of South Florida’s busiest developers are lining up a blockbuster waterfront play in West Palm Beach, with a price tag that would make even seasoned condo watchers do a double take.
David Martin’s Terra Group and Aventura-based BH Group are preparing to acquire a prime site at 2085 North Flagler Drive from billionaire Jeff Greene for roughly $100 million. The waterfront parcel, across from Currie Park, is slated for two high-rise condo towers that would extend a growing cluster of branded luxury projects along the North Flagler corridor.
According to The Real Deal, Greene is selling the roughly 1.6-acre property as Terra and BH team up on a luxury condominium project immediately adjacent to the ongoing overhaul of Currie Park.
Plans call for twin 31-story towers
South Florida Business Journal reports that the partners are proposing a pair of 31-story towers, a scale that would noticeably crank up the skyline along this stretch of downtown. The plan includes ground-floor retail and a shared underground garage that would serve both buildings…