New housing is not only going on in suburban areas; downtown urban development is booming in West Palm Beach, Boca Raton, and most coastal towns with a bevy of mixed-used housing, luxury apartments and luxury condominiums being built to meet the needs of both young urban professionals and retirees who want to experience the fun and convenience of living in lively urban centers.
Urban development is being driven by the rising population, a strong growth in the business sector, and an influx of both young professionals who prefer urban living along with sophisticated retirees who want to have great choices in cultural activities and events. Loftin Place, just two blocks from the Intracoastal Waterway in West Palm Beach, is new community offering luxury apartments for rent that boast stunning building features Art Deco-style architecture and lofty layouts with ultra-modern interiors. Apartments come in studio, 1 and 2 bedroom configurations that feature split floor plans, luxury appliances, hurricane-resistant glass, wood flooring, and other beautiful features.
Situated farther south in Downtown Boca Raton, Palmetto Promenade by Greystar is one of the liveliest urban centers in South Florida, and it is experiencing major growth in both business and housing sectors. The new mixed-use Palmetto Promenade is a prime example of the urban development happening here. This 378-unit apartment/townhome complex features ground floor retail space along Palmetto Park Road, an integrated parking garage for residents, an amenities terrace, three building entrances, private health club, community center and service areas, and offering units in both single story apartments and two-story townhomes.