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The Breakers Launch Landmark Workforce Housing Campus in West Palm Beach

Traded Media
by Traded MediaShare
Florida
Multifamily

Key Points

  • 155 workforce units: A new eight‑story, 155‑unit apartment building will serve The Breakers’ temporary staff—51% of the units reserved as workforce housing.

  • $2.3M land deal on 2.5 acres: A Breakers affiliate acquired a 2.5‑acre site across three parcels in December for $2.3 million.

  • City support & pending approvals: Planning Board approved the development unanimously in July; next step is West Palm Beach City Commission sign‑off.

The iconic Breakers Palm Beach is making a bold, first-of-its-kind move by developing employer-owned workforce housing in West Palm Beach. This initiative not only addresses a regional affordability crunch but also represents a strategic shift as the resort anchors long-term solutions for its workforce.

Project Overview & Location

The Breakers will build an eight-story, 155-unit residential complex spanning 2.5 acres at 2410, 2460, and 2058 North Australian Avenue—acquired for $2.3 million in December 2024. This marks one of the first employer-led workforce housing projects in Palm Beach County.

Design & Amenities

Designed by Spina O’Rourke & Partners and Tyler Woolsey of Urban Design Studio, the development will include:

  • A pool, sports field, fitness center, salon, business center, clubroom, and conference room

  • Private shuttle service to The Breakers resort and nearby shopping

  • Targeting 79 workforce-designated units (51%), with potential for fee reductions or waivers under city policy

Approvals & Stakeholder Partnership

The West Palm Beach Planning Board gave unanimous approval in July 2025. The project, a collaboration with VDG Land Co., also includes former city-owned land and improvements like enhanced lift station infrastructure. The final green light now rests with the West Palm Beach City Commission.

Strategic Signals & CRE Insight

  • Affordability leadership: With rents on Palm Beach Island averaging near $10,000/month and West Palm Beach around $2,500/month, this workforce housing is a timely solution for hospitality employees.

  • Employer housing trend: This initiative bolds progress in creative housing solutions amid broader commercial and residential expansion in West Palm Beach, where momentum includes high-end office buildings, new developments, and academic investment.

  • Public-private synergy: The project demonstrates collaborative potential between a resort employer, VDG Land Co., and the city—especially by integrating surplus city land and infrastructure upgrades.

This project isn’t just employee housing—it’s a strategic foothold for The Breakers to stabilize its workforce and be part of the broader evolution of West Palm Beach’s urban landscape. As interest in mixed-use and workforce developments grows, this campus could become a model for employer-led solutions in high-demand markets. CRE investors should watch for licensing frameworks, fee incentives, and future employer-city collaborations ahead.


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