New Construction Projects in Lake Park, Florida

Project 1: Nautilus 220

• Developer: Forest Development
• Location: 220 Lake Shore Drive, Lake Park, FL 33403
• Type: Residential (Luxury Condominiums)
• Units/Size: 330 units in two 24-story towers
• Status: Recently Completed
• Expected Completion: 2025/2026 (first residents late 2025; grand opening early 2026)
• Description: Waterfront luxury condominium development with marina views, Intracoastal and ocean vistas, plus retail shops, professional offices, and restaurants. Over 90% of units sold or under contract.[1]

Project 2: Northlake Promenade Apartments

• Developer: AvalonBay Communities
• Location: 374 Northlake Boulevard / former Twin City Mall site area, Lake Park, FL (near North Palm Beach)
• Type: Residential (Apartments)
• Units/Size: 279 rental apartments in a 7-story building on ~9 acres
• Status: Under Construction
• Expected Completion: 2027 (first units expected Q1 2027)
• Description: Multifamily apartment complex with studios to three-bedroom units, amenities including pool and co-working space, integrated with adjacent retail (including Publix). Ground broken in April 2025.[2]

Project 3: The Residences at 10th & Park

• Developer: Forest Development
• Location: Northeast corner of 10th Street and Park Avenue, Lake Park, FL (downtown core)
• Type: Mixed-use (Apartments, retail, restaurant)
• Units/Size: 595 market-rate apartments in two 16-story towers connected by a mid-air bridge, plus restaurant and stores on ~3 acres
• Status: Announced / Pre-construction
• Expected Completion: Limited public information available
• Description: Proposed downtown mixed-use development with high-density apartments and commercial space. Planning & Zoning Board recommended approval in 2024; ongoing discussions with town staff as of August 2026.[3]

Project 4: The Kelsey on Park

• Developer: The Alder at Lake Park LLC (New York-based)
• Location: Southeast corner of 10th Street and Park Avenue, Lake Park, FL (downtown core)
• Type: Mixed-use (Residential, retail, office)
• Units/Size: 426 residences plus ~10,447 sq ft retail and ~867 sq ft professional office on ~2 acres
• Status: Announced / Under review
• Expected Completion: Limited public information available
• Description: Proposed mixed-use project with residences and commercial space adjacent to the fire station. Seeking density waiver; still in early review stages as of August 2026 with site plan concerns noted by staff.[3]

Project 5: Lake Park Harbor Marina Redevelopment (P3)

• Developer: Forest Development P3 LPM, LLC
• Location: Lake Park Harbor Marina (12-acre property)
• Type: Mixed-use (Marina, hotel, restaurant, boat storage)
• Units/Size: Enhanced/expanded marina (existing 135 wet slips + new slips), modern boat storage, new hotel, new restaurant
• Status: Announced / Planning (with ongoing legal discussions)
• Expected Completion: Limited public information available
• Description: Public-private partnership approved in 2023 for redevelopment including promenades, hotel, restaurant, and storage. Town retains ownership of land/marina; project involves ground leases and revenue sharing. Updates and disputes noted into 2026.[4]

No other significant verifiable new construction residential, mixed-use, or major commercial projects were identified in Lake Park, FL (Palm Beach County) beyond these. Smaller commercial improvements (e.g., facade work or a new coffee roasting facility) and infrastructure projects exist but do not meet the criteria for major new construction listings. Pipeline data indicates many minor planning items, primarily commercial or civic.