New Construction Projects in Vero Beach, Florida

Project 1: Three Corners (Big Blue Waterfront Village)

• Developer: ClearPath Services (with partners including Madison Marquette and HOK)
• Location: Former Big Blue power plant site at 17th Street and Indian River Boulevard, Vero Beach
• Type: Mixed-use (waterfront village with hotels, restaurants, shops, event venues, marina, parks, and public amenities)
• Units/Size: Estimated $250 million project; specific unit counts not publicly detailed in available sources
• Status: Announced / Pre-construction (negotiations for master developer agreement and lease ongoing with extensions granted as of mid-2026)
• Expected Completion: Phased development; construction potentially starting ~2027, full completion targeted around 2030-2031
• Description: Redevelopment of the former power plant site into a mixed-use waterfront destination with commercial elements and public waterfront access, following a 2022 concept plan approval.[1]

Project 2: Harbor Isle

• Developer: Pulte Homes / DiVosta
• Location: Waterside community in Vero Beach, Indian River County (e.g., references to Beagle Terrace area)
• Type: Residential (single-family homes)
• Units/Size: Approximately 270 coastal-inspired homes; floorplans ranging from ~1,302 to 2,894 sq ft (2-4 bedrooms)
• Status: Pre-construction / Active selling
• Expected Completion: Ongoing community development (new construction active as of 2026)
• Description: Boutique waterside single-family home community with resort-style amenities, no CDD fees, and multiple floorplans emphasizing open-concept living and outdoor spaces.[2]

Project 3: Venetian Grove

• Developer: D.R. Horton
• Location: West Vero corridor, off 98th Avenue, Vero Beach
• Type: Residential (single-family homes and townhomes)
• Units/Size: Planned community with ~173 single-family homes plus townhome options; various floorplans from ~1,500+ sq ft (3-5 bedrooms)
• Status: Active new construction / Selling (homes under construction and move-in ready options available)
• Expected Completion: Ongoing (new homes building in 2026)
• Description: New home community in west Vero with concrete block construction, smart home features, quartz kitchens, and community amenities like walking trails; convenient to I-95 and beaches.[3]

Project 4: Sea Winds Townhomes

• Developer: FTK Properties, LLC
• Location: Central Beach, west side of A1A between Shore Drive and Tides Road, Vero Beach
• Type: Residential (townhomes/duplexes)
• Units/Size: 6 luxury two-story townhomes (~2,500 sq ft each, 3 bedrooms)
• Status: Pre-construction (site plans approved April 2026; building permits pending; construction expected Q4 2026)
• Expected Completion: Within ~18 months of start (target ~2028)
• Description: Six high-end West Indies-style townhomes on a ~0.85-acre parcel, just steps from the ocean, priced over $1 million each, with yards/pools and garages.[4]

Project 5: Indian River Mall Redevelopment

• Developer: One Investment Group (Joseph Scarfone) / DTS Properties II
• Location: Indian River Mall site, Vero Beach (e.g., 20th Street area)
• Type: Mixed-use (retail-focused initially, with future residential components)
• Units/Size: Replacement of ~250,000 sq ft of aging retail space; future residential rental units planned on separate portions
• Status: Under construction (demolition of former Macy’s and Sears buildings underway as of mid-2026)
• Expected Completion: First phase (retail) expected late 2027 or 2028
• Description: Transformation of the former mall into a modern indoor/outdoor retail and lifestyle destination with new national tenants (e.g., Sprouts Farmers Market), restaurants, gathering spaces, and planned future housing.[5]

Project 6: Verity

• Developer: Thompson Thrift
• Location: Off 11th Drive, Vero Beach (18+ acres)
• Type: Residential (multifamily apartments)
• Units/Size: 276-unit Class A community (1-3 bedroom units up to ~1,400 sq ft)
• Status: Recently completed (construction finished January 2026; officially opened March 2026)
• Expected Completion: Completed 2026
• Description: Luxury multifamily development with high-end finishes, amenities including clubhouse, and proximity to beaches and downtown Vero Beach.[6]

Project 7: TownePlace Suites by Marriott

• Developer: Diversified Realty Development Co.
• Location: 3800 Aviation Blvd, near Vero Beach Regional Airport
• Type: Commercial (hotel)
• Units/Size: 116-room extended-stay hotel (~73,000 sq ft on 4.7 acres)
• Status: Announced / Pre-construction (construction expected to begin summer 2026)
• Expected Completion: Not specified in sources (planning advanced as of March 2026)
• Description: New Marriott-branded hotel on city-owned airport property to support growing air service and local demand.[7]

Additional smaller-scale or individual new home builds by builders like Lennar (New Homes in West Vero), Pulte/DiVosta (Costa Pointe), GHO Homes, Toll Brothers, and others are actively underway or selling in Vero Beach subdivisions, primarily single-family homes. Limited public details are available on some smaller projects. Infrastructure projects (e.g., water treatment plant) exist but fall outside the primary residential/mixed-use/commercial focus.