Credit: Stantec.
The highly anticipated Nora District in West Palm Beach marked a significant milestone with the groundbreaking of The Nora Hotel, a new 201-key boutique hotel developed by BD Hotels, in collaboration with Sean MacPherson, NDT Development, Place Projects, and Wheelock Street Capital.
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Quintessential New York City Parisian-style brasserie, Pastis, by James Beard Award-winning restaurateur Stephen Starr (STARR Restaurants), will open in The NORA District in West Palm Beach as The Nora Hotel’s ground floor restaurant.
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NDT Development, Place Projects and Wheelock Street Capital have secured $84 million in construction financing for Phase I of The Nora District, a dynamic 40-acre hospitality destination in Downtown West Palm Beach. Named after North Railroad Avenue, Nora will be a vibrant pedestrian-friendly district.
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The developers of Uptown Boca, Boca Raton’s first new retail and Class-A multifamily project to open in West Boca Raton in over 20 years, have sold The Residences at Uptown Boca to the Atlanta-based multifamily real estate investment, development and management company, Cortland for $230 million.
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