The First Baptist Church in West Palm Beach has signed a $23 million contract to sell a 3.2 acre lot that includes the Chapel By the Lake, the waterfront amphitheater just south of Okeechobee Blvd. The proposal for redeveloping the site includes two luxury condo towers (5,000 sf units with asking prices between $4 - $6 million) and an 85,000 sf medical office. The developers are Allan Adelson of Palm Beach Gardens and Golub & Co. of Chicago. The sale will not close until the city approves the proposal.
New Luxury Condos in West Palm Beach
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