Florida & Gulf Coast + South Florida + Apartments | April 5, 2023

Affiliated Development, City of West Palm Partner on Multifamily Project

South Florida-based Affiliated Development and the City of West Palm Beach have partnered to further The Spruce, an eight-story, 270-unit apartment building with garage parking and a ground floor cafe. The West Palm Beach City Commission granted approval for special site plan review and approved an agreement for workforce housing incentives.

Eighty of the project’s 270 units will have restrictions at 100% of the Area Median Income, with 10 being restricted at 80% of the AMI. The developer will receive $2.5 million in grant proceeds over a three-year period as well as fee waivers and reductions offered by the department. .

“Affiliated Development is committed to addressing South Florida’s workforce housing crisis,” said Affiliated president Nick Rojo. “With the influx of new residents and businesses flocking into West Palm Beach, there couldn’t be a more critical time for us to build this type of product.”

The Spruce will be the second public-private-partnership development between Affiliated and the city. Affiliated expects to commence construction this fall.

Connect

Inside The Story

Affiliated Development

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

Order Reprints