Conflict Over Development in Palm Beach
Longtime Palm Beach residents are fighting to preserve the island's middle to upper-middle-class character as rich developers seek to tear down properties to build luxury condos. Residents are against the new ultra-luxury multifamily project that developers plan to build, which includes rooftop decks, fountains, and swimming pools. The developers are facing resistance from locals and strict building codes in Palm Beach.
Key Points
- Residents fighting against rich developers to preserve middle to upper-middle-class character of Palm Beach
- Developers plan to demolish the Ambassador Hotel and build ultra-luxury multifamily project
- Strict building codes in Palm Beach are causing challenges for developers
Pros
- Potential for economic growth and development in Palm Beach
- Creation of new luxury housing options
Cons
- Displacement of middle to upper-middle-class residents
- Loss of historic buildings and character of the area