West Palm Beach Office Project Deadline Extended

City officials have granted a new completion timeline for the West Palm Point office development.

Updated on Sept. 29, 2026 in Commercial

Isometric editorial illustration of a skeletal glass-and-steel building frame on a clean plinth, representing urban development. — West Palm Beach officials have extended the completion deadline for the West Palm Point office development to January 1, 2029. AI Illustration. Upload story photo >

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West Palm Beach city officials have officially extended the completion deadline for the West Palm Point office project to January 1, 2029. The decision follows legal disputes and previous notices of default issued to the project developer.

Why it matters

The extension resolves a standoff regarding the 2.4-acre site, as the developer now agrees to significant annual payments while navigating past construction delays involving permitting issues. This agreement allows the project to move forward instead of facing potential foreclosure.

The West Palm Point project is slated as a 25-story, 400,000-square-foot office building located at 850 South Quadrille Boulevard. It includes 11,000 square feet of retail space and requires a $300 million construction loan to be secured within 30 days.

The players

Cohen Brothers Realty

This real estate organization is the developer responsible for the West Palm Point office project.

Community Redevelopment Agency

This municipal entity oversees local redevelopment and manages the site lease for the office development.

Lendlease

This construction and real estate group is expected to provide the $300 million construction loan for the project.

The details

Cohen Brothers Realty, which leased the site from the Community Redevelopment Agency in 2020, must now meet strict financial obligations during the construction window. These terms include paying annual rent starting in 2027 and taxes starting in 2028 until the project obtains its certificate of occupancy.

The site lease was originally signed in 2020.
A notice of default was issued in November 2024.
A foreclosure lawsuit was dismissed by a judge in January 2026.
A second notice of default was sent in February 2026.
The new project completion deadline is set for January 1, 2029.

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Culture Shift

This agreement reflects a broader shift in urban development where cities and developers are increasingly negotiating to avoid stalled construction in prime commercial districts. The move follows the standard enforcement protocols established by the West Palm Beach Community Redevelopment Agency lease agreements.

Residents and local businesses may see renewed construction activity at the 850 South Quadrille Boulevard site following the resolution of the default status. The project will eventually add 400,000 square feet of office and retail space to the downtown area.

The takeaway

This extension demonstrates how developers and municipalities negotiate to keep large-scale projects alive amid economic and bureaucratic hurdles. For local observers, this ensures the property will likely move toward completion rather than remaining an inactive construction site.