Royal Palm Town Center IV

The Project

Royal Palm Town Center IV is the IV (4th) and final Phase of a 150,000,000$ USD development called, Royal Palm. The project was a large tract of land situated in the town of Royal Palm in Palm Beach County. The developer, Pugliese’s Companies, developed property over a ten-year span. The Phases of the project are as follows:

Phase 1 Walmart

Walmart Superstore developed on the property. Approximately 80,000,000$ USD project. This phase included the sale of the property, site development, the development of a water retention lake on the property, out parcels and a Walmart Superstore. This Phase was completely sold and completed in 2006.

Phase II Public Storage

This phase of the project included the development of a large secure warehouse and public storage facility. This portion of the development is situated on the East end of the property. This phase was completed and sold for 11,500,000$ USD in 2007.

Phase III USCIS

This phase of the project involved the sale and development of the USCIS Palm Beach office. This phase of the project is immediately adjacent to Phase IV of the project and is approximately one third the size of the Royal Palm Town Center IV Phase. The project involved the sale of the property and the United States Government Services Administration procuring a long term lease and developing the office complex. This building serves all of the Palm Beaches and was completed in 2008. The project was approximately 33,000,000$ USD.