West Palm Beach to Reshape Industrial Neighborhood Into Nora District
West Palm Beach will be moving in a new direction as developers begin executing on a plan to remake an industrial neighborhood north of Downtown into a food and retail hub. The district, rebranded “Nora,” spans 40 acres in the environs of North Railroad Avenue, and will include 2 million square feet of residential and office development, as well as a hotel.
The redevelopment is being led by NDT Development and Place Projects, which spearheaded the reshaping of Miami’s Wynwood district. Urban planning firm PlusUrbia had a hand in creating the major design elements as Downtown expands. Wheelock Street Capital is financing the venture with a budget of up $150 million for the first phase alone, Bloomberg reported.