Note: This page contains an excerpt of third party media coverage.
The developers of a new neighborhood near downtown West Palm Beach are moving forward on its first phase, reshaping a stretch of industrial buildings into a food and fitness hub and considering a private club.
Greenwich, Connecticut-based Wheelock Street Capital will place its financial muscle behind the Nora redevelopment and adaptive reuse project in West Palm Beach.
Wheelock has become a partner in the venture, which was initiated by Joe Furst, a pioneer in the development of Miami’s Wynwood Arts District. It joins West Palm Beach-based NDT Development, led by Ned Grace and Damien Barr. The development team currently controls 15 acres of the 40-acre site along North Railroad Avenue.