New Construction Projects in Fort Pierce, Florida

Project 1: King’s Landing

• Developer: Live Oak Development (lead; previously Audubon Development); Villas portion associated with INB Homes
• Location: Waterfront site of former H.D. King Power Plant, along Indian River Drive / downtown Fort Pierce
• Type: Mixed-use (hotel, condominiums/residences, retail, restaurants, parking garage)
• Units/Size: 148-room Marriott Tribute Portfolio hotel, approximately 100 condominiums/residences, 10 luxury villas/townhomes, retail/restaurant space, parking garage (516 spaces in revised plan)
• Status: Under construction (villas progressing with foundations and near-completion on some units; overall site plan approved with phases)
• Expected Completion: Phase 1 (hotel-anchored) by July 2028; Phase 2 by May 2029; final phase by November 2029
• Description: Major waterfront mixed-use redevelopment transforming the former power plant site into a hotel, residential, dining, and retail destination connecting downtown to the Edgartown area. Some funding challenges noted for the hotel portion as of mid-2026.[1][2]

Project 2: Vela Cove

• Developer: Pulte Homes (with Cornerstone Fort Pierce Development LLC)
• Location: Approximately 50 acres at/near 2721 South Jenkins Road (off Okeechobee Road)
• Type: Residential (single-family homes)
• Units/Size: 239 single-family homes (floorplans 1,300–1,900 sq ft, 3–5 bedrooms)
• Status: Announced/approved; land acquired; infrastructure and grading underway or imminent
• Expected Completion: Buildout targeted for early 2027 onward (model homes/sales starting 2027)
• Description: New master-planned neighborhood with resort-style amenities (pool, parks, tot lot) aimed at value-oriented buyers, including those relocating from higher-cost South Florida markets.[3]

Project 3: Causeway Cove

• Developer: Ashton DePeyster / G Flash GP Inc. (leveraging Florida Live Local Act)
• Location: 601 Seaway Drive, South Hutchinson Island
• Type: Mixed-use waterfront (residential, hotel, commercial/retail, marina)
• Units/Size: 913 residential units (at least 40% affordable for 30 years), 407 hotel rooms, commercial/retail space, 218 marina slips; five buildings (up to ~17 stories / 192 ft)
• Status: Administratively approved; advancing through permitting and conditions (31 conditions noted); construction targeted to potentially begin by end of 2026
• Expected Completion: Limited public information available on final timeline
• Description: Large-scale waterfront development proposed as one of the city’s largest, including high-rises, hotel, marina, and retail with required affordable housing component.[4]

Project 4: Boardwalk on the Inlet

• Developer: Sandy Woods (local car dealer/family ownership) with planner Dennis Murphy
• Location: South Hutchinson Island waterfront (between Square Grouper Tiki Bar and Manatee Island Bar and Grill)
• Type: Mixed-use (hotel, residences/condos, retail, restaurants/private club)
• Units/Size: 175 hotel rooms, 54 residences/condos, 23,000 sq ft retail, 16,000 sq ft restaurant/club space, ~700 parking spaces; two buildings (one up to 160 ft)
• Status: Proposed; moving through city planning process (Technical Review Committee review in June 2026)
• Expected Completion: Limited public information available
• Description: Waterfront hotel and commercial complex seeking height variance; early-stage planning for inlet views and mixed amenities.[5]

Project 5: Sunrise Village Apartments

• Developer: Blue Sky Communities
• Location: North side of Okeechobee Road, west of 31st Street (infill site)
• Type: Residential (affordable apartments)
• Units/Size: 106 units (1-, 2-, and 3-bedroom) across three three-story buildings with clubhouse and amenities
• Status: Under construction (site cleared as of early 2026)
• Expected Completion: Spring 2027
• Description: Affordable housing infill project as part of city initiatives to increase quality housing options in the urban core.[6]

Additional notes: Several smaller or commercial projects (e.g., Buc-ee’s travel center with estimated 2028 opening, a large Amazon refrigerated warehouse with 2027–2028 CO targets, Pointe Grand apartments under construction, and hospital parking garage expansion) exist but have more limited or primarily commercial/public details. New single-family homes appear in various subdivisions (e.g., Celebration Pointe, Tidewater), but no other large-scale master-planned residential or mixed-use projects with substantial public details were identified beyond those listed. Information is current as of available 2026 sources.