Terra, Frisbie buy more of ex-Palm Beach Kennel Club for $20M

by Alissa Gary

Miami-based Terra and Palm Beach-based Frisbie Group paid $19.5 million for another piece of the former Palm Beach Kennel Club, adding to their plans to redevelop the dog track. Investment Corporation of Palm Beach, the company that operated the club, sold the 26.1-acre parcel at 1111 North Congress Avenue to a Terra-and-Frisbie-linked entity, according to property records. The deal penciled out to $1.44 million per acre. The group acquired its first piece of Kennel Club land for $20.9 million in 2025, followed by a $7.79 million purchase in June.  The developers plan a mixed-use complex across 42 acres of the […]

This article originally appeared on The Real Deal. Click here to read the full story.

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