Announced

2823 Broadway

2823 Broadway is a seven-story, 151-unit, 100 percent affordable apartment community planned for the Northwood neighborhood of West Palm Beach at Broadway and 27th Street, designed by Glavovic Studio.

Official Website
TMW IntelligenceVerified Oct 10, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
151
Units
7
Floors
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Details

2823 Broadway, West Palm Beach. 7 floors and 151 residences. Financed with $68M in April 2026.

The story so far
Announced 2026 est.
Procida pitches 151 affordable apartments on city land Mar 25, 2026the New York developer and Jonathan Vilma's Tre Bel Housing Development Group propose a seven-story, 100 percent affordable building with 5,000 square feet of retail and a pocket park, through the Qualified Opportunity Zone entity 2823 Broadway QOZB LLC
therealdeal.com
City approves land transfer Apr 13, 2026West Palm Beach commissioners voted unanimously on April 13, 2026 to convey five city-owned parcels to 2823 Broadway QOZB LLC at no cost, in exchange for the Procida Development Group and Tre Bel Housing Development Group partnership financing, building and operating the roughly $68 million, 151-unit all-affordable building with 5,000 square feet of retail, a 7,500-square-foot pocket park and 166 parking spaces.
floridiandevelopment.com
Expected opening date TBD
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TMW Intelligence

The outlook for 2823 Broadway

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The West Palm Beach market 91 · Saturated supplyNorthwood 56-project pipeline · 8,649 residences and keys · peak Late ’28 Explore the market →
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About the project

2823 Broadway is a seven-story, 151-unit, 100 percent affordable apartment community planned for the Northwood neighborhood of West Palm Beach at Broadway and 27th Street, designed by Glavovic Studio. Structured through a Qualified Opportunity Zone entity, every home is priced at or below 80 percent of Area Median Income across three affordability tiers, from deeply affordable units at 30 percent of AMI to workforce units at 80 percent. The nearly $68 million development adds ground-floor retail, a pocket park, wider sidewalks, and streetscape improvements, and is advanced by Procida Development Group and Tre Bel Housing Development Group on a city land-transfer site.

Common questions

Frequently asked

Where is 2823 Broadway located?

2823 Broadway is located in West Palm Beach.

When will 2823 Broadway be built?

2823 Broadway is an announced development that has not yet started construction.

Who is developing 2823 Broadway?

Procida Development Group, Tre Bel Housing Development Group is the developer behind 2823 Broadway.

Who designed 2823 Broadway?

2823 Broadway was designed by REG Architects.

How big is 2823 Broadway?

2823 Broadway rises 7 stories with 151 residences.