In a recent meeting held on January 22, 2025, the Riviera Beach Community Redevelopment Agency (CRA) engaged in a significant discussion regarding the proposed development project at 262601 Broadway, presented by Pinnacle Communities. This meeting highlighted the city's ongoing efforts to address housing needs and enhance community infrastructure.

Tim Wheat, representing Pinnacle Communities, outlined the vision for the new project, emphasizing the team's extensive experience in affordable and workforce housing. Wheat noted that the partnership with Wendover Housing Partners, which successfully developed the award-winning Berkeley Landing community, aims to replicate that success with the new signature project. The proposed development will feature 106 residential units, a rooftop deck, and 4,000 square feet of commercial space, all designed to revitalize the Broadway quarter.

The presentation underscored the importance of public-private partnerships in achieving community goals. Wheat highlighted the team's track record, which includes over 20,000 completed housing units and a combined investment of $6 billion in various developments. The project aims to not only provide housing but also enhance the aesthetic and cultural landscape of Riviera Beach through public art and community amenities.

The proposed design includes a seven-story residential tower, a parking garage, and civic open spaces, all intended to create a vibrant community atmosphere. Wheat expressed confidence in the project's potential to attract financing and complete construction by March 2028.

The discussions at the CRA meeting reflect the city's commitment to addressing housing demands while fostering economic growth through innovative development strategies. As the project moves forward, it will be crucial for stakeholders to engage with the community to ensure that the development meets the needs and expectations of Riviera Beach residents.