CBRE And City Of Riviera Beach Move Forward With 80-Acre Redevelopment Opportunity
Proposals must be submitted no later than 3 p.m. EST on June 28, 2024.
Proposals must be submitted no later than 3 p.m. EST on June 28, 2024.
In 2020, Marathe and partner Andy Dugard opened Stage Kitchen & Bar in Palm Beach Gardens. The restaurant was recognized by USA Today’s Best Restaurants of 2024. In 2023, Marathe was nominated “Best Chef: South” semifinalist by the James Beard Foundation.
With his experience as a restaurateur, expertise in commercial real estate and owning his own firm in Chicago for over 20 years, he brings a unique perspective and acumen to the hospitality industry.
Jonathan De La Rosa and Eduardo Toledo, investment specialists in Marcus & Millichap’s Miami office, represented El Car Wash and procured the buyer, a personal trust.
The City intends to optimize existing City owned parcels and replace aging structures by developing a mix of residential, commercial, and retail space.
Additionally, Dollar Tree revealed plans for two new locations in Sunny Isles and Lauderhill, set to open soon.
The transformative, mixed-use development spans approximately seven acres.
Robert Klecinsky of Cushman & Wakefield represented both Versace and the landlord, 237-243 Worth Avenue Corporation, in the lease negotiations.
The winning city can expect train service to begin in 2028.
City approval includes permits for 1,243 residential units, 125,000 square feet of retail space, a 140-room hotel, a 55,000-square-foot entertainment arena with seating for 5,000 people, and 85,000 square feet of medical offices.
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