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New Construction in Lake Worth
Several verified new residential construction projects are underway or recently initiated in Lake Worth Beach (Lake Worth), Florida. The Residences of Lake Worth Beach, a $62 million workforce housing development by the Richman Group, consists of 195 income-restricted apartments and began construction in 2025 at 2431 2nd Ave North, with an anticipated 18-24 month timeline. Additional multi-family projects in planning and approval stages are expected to deliver over 450 new housing units. A separate affordable housing initiative plans for 38 residences, primarily apartments, with construction slated to start by the end of 2026. Eight new CLT Villas designed for households at or below 80% AMI are also underway. These projects focus on addressing local housing needs through verified builder and city records.