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Executive suites in West Palm Beach are still being rented on a regular basis as lots of smaller companies are trying to stay afloat during these hard economic times.
Population has increased in recent years and the crime rate is 115 per 1,000 residents and considering its dependence on tourism to generate revenue, it might be a while before the picture gets rosier. That being said, the situation offers opportunities to current tenants already holding a lease or anyone else conducting a property search, from an executive suite to a retail office building. Many commercial real estate buildings are being forced to offer terms that are resulting in discounts for new move ins. The economy and tourism situation in West Palm is very similar to Miami, Jacksonville, and the rest of the Florida coastal cities. Other areas in the West Palm Beach region that we work with include: Acreage, Atlantis, Downtown, Belle Glade, Boca Raton, Delray Beach, Greenacres, Jupiter, Juno, Lake Worth, Riviera, Singer Island, and Wellington.
West Palm Beach is comprised of several distinct areas, each with its own character. The Bel Air Historic District, which was once part of a pineapple plantation, was developed during the late 20’s and early 30’s to house the people working to develop Palm Beach (primarily realtors). The plantation owner’s house, circa 1895, is included in the district.
El Cid also had its roots in the pineapple farms. As befits its name, the area is home to Mediterranean style homes and has been added to the National Register. Flamingo Park was also once a pineapple plantation. Built in the 1920’s, most of the houses are Spanish mission style, and have been, or are being, restored. It was added to the National Register in 2000. Development in Central Park began around 1920, and it was an upscale neighborhood featuring such amenities as curbs and sidewalks. It is also on the National Register’s rolls.
Old Northwood Historic District was built during the 1920’s, and, as the buyers were primarily business owners and professionals, the homes were more lavish than many areas. Most of the houses are Mediterranean style and have been well maintained. It was included on the National Register’s list in 1994.
Prospect Park was designed for upper-end buyers who wanted something more extravagant than the other neighborhoods offered. The homes were built between 1920 and 1935, and most of them are either Mission or Mediterranean style.
West Palm History:
Starting around 1910, Grandview Heights is one of West Palm Beach’s oldest neighborhoods. Originally, a part of Palm Beach Heights, the area was home to blue collar workers and small business owners. In 1989, virtually all of Palm Beach Heights and a good portion of Grandview Heights were razed to make way for a project that never materialized. Most of the homes are bungalows, and the neighborhood joined the National Register in 1999.
West Palm Beach also boasts two popular forms of transportation. A water taxi is available from the downtown district and for special events (a handy accommodation in a coastal city with several offshore attractions). There is also a free trolley that runs downtown. To read more about West Palm Beach, Florida and other major cities check out our commercial office space article section.
Performing arts is not well represented in West Palm Beach, but there is always some activity going in the field. But West Palm Beach is the host of numerous annual festivals and fairs that offer something for just about everyone.