Monday, September 23, 2013

Related Group To Add 4 New Condo Towers To Proposed ICON Palm Beach


ICON Palm Beach twin-tower condos  rendering,
 Flagler Drive, North of Downtown West Palm Beach, FL

MIAMI, FL -- As the South Florida condo market rebounds from the devastating crash of 2007, the Related Group - the tri-county region's largest vertical condo developer - plans to add four new condo towers with more than 660 additional units to its previously proposed ICON Palm Beach twin-tower project on Flagler Drive north of Downtown West Palm Beach, according to a new report from CondoVultures.com. 

Under the revised plan, the four newly proposed condo towers would be developed in partnership with neighboring landowner RSBC Real Estate Co. that controls a 13.9-acre waterfront site and marina in the 4200 block of Flagler Drive, immediately south of the proposed ICON Palm Beach project that was slated to be built on a 5.1-acre site in the 4400 block of Flagler Drive, according to city of West Palm Beach records.

With the Related Group's revised plans, at least 10 new condo towers with more than 1,800 units have been proposed in the Downtown West Palm Beach area as of September 22, 2013, according to the Preconstruction Condo Projects Database™ compiled by the licensed Florida brokerage CVR Realty™.

West Palm Beach, FL skyline

Prior to the revised ICON Palm Beach plans, at least eight development sites with the potential for hundreds of residential - either rental or condominium - units were already being contemplated in the North Flagler Drive corridor just north of Downtown West Palm Beach, according to a CondoVultures.com report.

Overall in the tri-county South Florida region, developers are now proposing nearly 22,500 units for coastal Miami-Dade, Broward, and Palm Beach counties as of September 22, 2013, according to the Preconstruction Condo Projects Database™.

  For a complete copy of the company’s news release, please contact:

Condo Vultures® LLC
225 Midtown Building
225 NE 34th St.,
Suite 209B,
Downtown Miami, Florida, 33137.
800-750-0517.


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