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Florida Healthy Living Magazine
UPDATE
June 30.2025
2 Minutes Read

Terra and Frisbie Invest $21M in Palm Beach Kennel Club Redevelopment

Palm Beach Kennel Club redevelopment construction site with cranes.

A New Era for the Palm Beach Kennel Club Site

Terra and Frisbie Group have officially embarked on an ambitious redevelopment plan for the former Palm Beach Kennel Club site, investing $20.9 million to purchase a 16-acre parcel that will kick off a substantial residential transformation. Envisioned as Westgate Village, the project aims for a comprehensive overhaul of the 42-acre space, integrating 1,145 multifamily units and nearly 120,000 square feet designated for retail and commercial activities.

Phased Development Plans with Community Focus

The first phase of the project will deliver 400 apartments, with estimated completion set for 2028. Following phases are scheduled to introduce 340 units by 2030 and another 405 units by 2032, respectively. Notably, this initiative includes a commitment to workforce housing, ensuring that approximately 20% of the inaugural phase's units are accessible to local families, reflecting a community-oriented approach amidst a booming housing market.

Strategic Location and Future Implications

The location, just north of Palm Beach International Airport, is strategic for promoting further growth in the area. As the kennel club transitioned from dog racing to a casino-only operation, the redevelopment signals a shift towards residential and commercial vibrancy. This transformation aligns with broader regional development plans, particularly enhancing connectivity and fostering a balanced community landscape.

Broader Development Partnerships

In tandem with their efforts at the kennel club, Terra and Frisbie are involved in another significant redevelopment: the Boca Raton government campus. This site is poised to feature 912 residential units, extensive office space, and new civic buildings, highlighting a trend of modernization and urbanization across South Florida.

Conclusion: What This Means for Florida Homeowners

The redevelopment of the Palm Beach Kennel Club represents a substantial investment in the community and ongoing growth within South Florida. As plans continue to evolve into reality over the coming years, homeowners in Florida can anticipate positive enhancements to their neighborhoods. The balance of residential and commercial spaces aims to revitalize the area while providing necessary housing solutions. Keeping abreast of these developments is crucial for homeowners, as they could influence property values and community dynamics.

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08.15.2025

Roers Boosts Naples Housing Market with $91M in Financing

Update Roers Companies Boosts Naples Multifamily Market with $91M Financing In a significant boost to the Naples housing market, Roers Companies has secured $91.4 million in financing for two upcoming multifamily projects. This financial backing includes a $78.5 million senior mortgage from Kayne Anderson and a $12.5 million mezzanine loan from SteepRock Capital, facilitated by Gary Sefcik of Marcus & Millichap. What to Expect: Upcoming Developments The developments are set to bring a refreshing mix of housing options to Naples. The first project, Vintana at Vanderbilt, will feature 150 units designed for both workforce housing and market-rate rentals. Conveniently situated near the Ritz-Carlton golf course on Vanderbilt Beach Road, this community is expected to enhance local amenities and attract diverse residents. Complementing Vintana is The Karlyn, a 159-unit complex aimed specifically at the 55 and older population. This project highlights the growing trend of senior-focused housing in the area, addressing the needs of a demographic that increasingly seeks community-oriented living environments. The Bigger Picture: Naples Real Estate Heating Up Naples continues to be a hotspot in Florida's residential real estate market. The recent rezoning of the Vintana site by the Collier County Commission, which increased potential unit capacity from 59 to 150, underscores the local government's commitment to multifamily housing solutions. This shift illustrates a recognition of the rising demand for housing in a region that is increasingly popular among retirees and affluent families seeking luxury living. Connecting the Dots: Why This Matters for Florida Homeowners For homeowners and potential buyers in Florida, these developments represent not just an increase in housing options but also a potential rise in property values linked to new amenities and community features. As more developers invest in Naples, the local economy can expect a surge in related job opportunities, retail developments, and an influx of residents, enriching the cultural tapestry of the area. Given the competitive nature of the Naples housing market, it is essential to stay informed about these developments that shape the future of your community.

08.15.2025

Swerdlow's Vision: 5,000 Affordable Units Set for Miami's Little River

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08.14.2025

Playboy's New Miami Beach Headquarters: Revitalizing a Iconic Brand

Update Playboy's New Chapter in Miami Beach Playboy Enterprises is making waves in South Florida by relocating its headquarters from Los Angeles to Miami Beach. This transition symbolizes not just a geographical shift but a strategic pivot for the brand struggling to regain its iconic status. Under the leadership of Robert Rivani, Playboy has signed a 10-year lease for a 20,000-square-foot penthouse suite in the renovated Rivani building, set to open in the coming year. This move comes at a time when the brand is diversifying its offerings, including plans to launch a content studio for its online creator network and a members-only Playboy Club inspired by the legendary Playboy Mansion. What This Move Means for Playboy This relocation highlights the brand's urgent need to innovate and adapt in an increasingly digital world. Since the passing of founder Hugh Hefner, Playboy has seen a decline in its print magazine publication, moving from monthly releases to an annual edition. However, the resurgence of licensing revenue, reporting a remarkable 105% increase to $28.1 million in recent months, suggests a newfound focus on brand partnerships and collaborations rather than traditional publishing models. The opening of a creative studio and a high-profile lounge reflects this shift in strategy, aiming to capture a younger, tech-savvy audience. The Bigger Picture: Impact on Miami For Miami Beach, Playboy's move represents an infusion of culture and potential revival of the area's nightlife scene. The planned members-only club will include a restaurant and social space, echoing themes from Hefner's legacy while integrating modern hospitality practices. This shift could attract both locals and tourists, contributing to the ongoing evolution of Miami Beach as a vibrant destination for lifestyle and entertainment. Challenges Ahead Despite these optimistic plans, challenges remain. The brand must navigate fierce competition from platforms like OnlyFans and other adult content providers that dominate online spaces. As Playboy attempts to reposition itself, its success will hinge on meeting the demands of a new generation while honoring its historic roots. How well it can balance these aspects will determine its future viability in a rapidly changing media landscape. In conclusion, Playboy's move to Miami Beach not only marks a new chapter for the brand but also raises questions about how traditional media companies can innovate to remain relevant in today's world. Florida homeowners and residents should be mindful of how these changes in local business can influence property values, market trends, and cultural dynamics in the area.

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