Forest Development wins bid to build $325M project near Riviera Beach’s waterfront

by Erik Bojnansky

The Riviera Beach Community Redevelopment Agency will negotiate the sale of 2.2 acres near the waterfront to Peter Baytarian’s Forest Development to build a mixed-use project. Riviera Beach council members, sitting as the city’s CRA’s board of commissioners, approved the deal with North Palm Beach-based Forest Development by a vote of 3 to 2 Wednesday evening, after hearing proposals from five development teams. Council Chairperson Shirley Lanier and Vice Chair KaShamba Miller-Anderson cast the dissenting votes.   Wayne Richards, Forest Development’s attorney, told council members that Baytarian was eager to build a $325 million project at 1851 Broadway with 350 to […]This article originally appeared on The Real Deal. Click here to read the full story.
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