What Is Being Built in Lake Worth Beach: The 2026 Development Pipeline

Direct answer. As of August 2026, five projects account for most of the change coming to Lake Worth Beach and its immediate surroundings: an approved four-story public parking garage on South K Street, the Wiener Museum of Decorative Arts campus it belongs to — which includes 110 apartments and is being challenged in court — the 91-unit Lake Worth Station on North G Street, the $134 million Gulfstream Hotel restoration on Lake Avenue, and GL Homes' approved 500 houses and 300 apartments on the closed Falls Club golf course west of the city. Nothing below is a prediction about prices. It is a record of what has been approved, what is under construction, and what is disputed.

For what houses and condominiums are actually doing in the same area, see the Lantana and Lake Worth Beach market view.

1. The downtown K Street parking garage — approved June 30, 2026

City commissioners voted 4–1 on June 30, 2026 to change the zoning that allows construction of a four-story public parking garage south of Lake Avenue, at the northwest corner of South K Street and First Avenue South. Commissioner Chris McVoy cast the dissenting vote; an initial approval had passed on June 8.

  • About 95,000 square feet, four stories, 260 spaces. The city's engineering consultant, Chen Moore and Associates, calculated that after the city-owned surface lots displaced by the museum project are subtracted, the net gain downtown is 133 spaces — and about 47 at peak times once the campus's own residents, staff and visitors are counted.
  • Reported cost around $8.5 million, with the developer contributing $1 million and the city funding the balance. Other reporting has described the project as a nearly $10 million proposal.
  • The plan includes relocating two historic city-owned buildings, public art, a mural and a green wall, to fit the historic district. The future of the historic 17 South M Street building was still under discussion at the commission's July 26, 2026 pre-agenda workshop.
  • Opening has been discussed as early as 2028.
  • Paid parking is the open question. This is one of the last cities in Palm Beach County with a traditional downtown and no fully public garage, and free on-street parking is the reason. A commissioner who supports the project has said paid parking will eventually be necessary; city studies in 2018 and 2024 also recommended it. No paid-parking program has been adopted.

Sources: Palm Beach Post, July 6, 2026; Boca Raton Tribune, June 12, 2026; WPTV, June 10, 2026.

2. The Wiener Museum of Decorative Arts campus — approved, under litigation

The garage is part of the Wiener Museum of Decorative Arts (WMODA) campus: an art museum plus 110 apartments, two blocks east of the garage, on land assembled downtown along Lake Avenue mostly between South K and South M streets. Utility crews began relocating power lines for the project in January 2026.

The dispute, stated neutrally:

  • On February 3, 2026, a residents' group called Lake Worth For All, led by former City Commissioner Kim Stokes, sued the city and the Lake Worth Beach Community Redevelopment Agency in Palm Beach County Circuit Court.
  • The complaint alleges the CRA used more than $1.6 million of Palm Beach County penny sales-tax revenue — approved by county voters in 2016 and, per the agreements, restricted to buying land for public surface parking — to acquire roughly two acres downtown, then sold that land to the developer's company for $10 to build a museum and mostly market-rate apartments. It further alleges the city used the CRA to avoid a City Charter referendum requirement on selling public land. It asks the court to invalidate the development agreement and stop construction.
  • The case is before Circuit Judge Scott Kerner. The city and CRA have not conceded the claims, and no ruling on the merits has been reported as of August 2026. The June 30 zoning approval went ahead with the suit pending.

Sources: Lake Worth Beach Independent, February 4, 2026; Palm Beach Post via News-Press, February 9, 2026.

3. Lake Worth Station — 91 apartments, 39 workforce units, under construction

A five-story mixed-use building at 906 North G Street, on about 1.44 acres beside the Tri-Rail tracks, in the city's transit-oriented development district. Of the 91 apartments, 39 are designated workforce housing — Palm Beach County defines that as households earning 60% to 140% of area median income, which county records put at $104,000 as of 2024. Layouts run from studios to three bedrooms, roughly 507 to 1,230 square feet, with ground-floor office space, a dog park, a playground and a public walkway with relocated native trees.

The developer is Bridge Holding LLC, which assembled the site for $1.2 million in 2021; T&G Constructor is the general contractor and Martin Architectural Group the designer. The Lake Worth Beach Community Redevelopment Agency supported the project with a public infrastructure grant, and the developer has stated total investment above $25 million. The project is not using Live Local Act incentives; its workforce obligation is assumed from GL Homes under the county's Workforce Housing Program builder-exchange option — which links this building directly to the Falls Club project below.

Sources: Lake Worth Beach CRA project page; Boca Post, January 19, 2026; Florida YIMBY, July 13, 2025.

4. The Gulfstream Hotel restoration — $134 million, phased

The 1925 hotel at the foot of the Lake Worth Bridge by Bryant Park, shuttered since 2005, is being restored and expanded by Restoration St. Louis in a project reported at $134 million. Phase one is 90 rooms under the Marriott Bonvoy system, with the developer saying in January 2026 it remained on track to open later that year without naming a date. Phase two, expected to start in late 2026, adds a mixed-use building west of the hotel with about 50 more rooms, roughly 83 to 85 apartments, a rooftop restaurant, spa, gym, ballroom and a 273-space parking garage. Lane closures on Lake Avenue in January and February 2026 were utility relocation for the project.

Sources: Lake Worth Beach Independent, January 15, 2026; City of Lake Worth Beach — Gulfstream Hotel Project.

5. GL Homes at the former Falls Club — 500 houses and 300 apartments, approved February 26, 2026

Palm Beach County commissioners approved GL Homes' plan for the shuttered Falls Club of the Palm Beaches golf course in suburban Lake Worth Beach on February 26, 2026. The 168-acre site runs along Hypoluxo Road from Jog Road west to Hagen Ranch Road; GL Homes bought the course in 2015 for $4.6 million under a condition that it stay in operation for ten years, which has now elapsed.

Verified details: 500 single-family houses ranging from 1,800 to more than 4,800 square feet, and 300 apartments in one-, two- and three-bedroom layouts, with the two complexes having separate entrances and their own amenities. There is no age restriction. Apartment buildings were reduced from six stories to four — a change first proposed by the Coalition of Boynton West Residential Associations — in exchange for permission to build on a civic parcel reserved for county use, which the builder buys back at appraised value, reported at about $1.9 to $2 million. GL Homes also agreed to place 27 workforce housing units on site rather than off site. One commissioner voted against, citing loss of public land and emergency-response times. With approval in hand, GL Homes moves to building permits.

Sources: Palm Beach Post, March 4, 2026; Palm Beach Post, February 17, 2026; Palm Beach Post, December 29, 2025.

6. Also worth knowing

  • Downtown storefront investment. Josh and Jared Robins, of a Miami Beach real estate family, paid $2.025 million in late April 2026 for the vacant 7,500-square-foot building at 716 Lake Avenue, across from the Lake Worth Playhouse — their first purchase in the city. It is being remarketed for restaurant and retail tenants. Source: Lake Worth Beach Independent, July 19, 2026.
  • Rental investment nearby, not in the city. American Landmark Apartments paid $64.8 million for the 214-unit Savona Grand at 7132 Colony Club Drive in July 2026 — about $303,000 per apartment. The property is in unincorporated Palm Beach County between Boynton Beach and Lake Worth Beach, not inside the city; press headlines that say "Lake Worth" refer to the mailing address. Source: Florida YIMBY, July 27, 2026.

What a buyer or owner should take from this

New apartments and hotel rooms change traffic, parking and the rental picture before they change anything else, and construction timelines here run in years, not months. Three practical points, and none of them is a price forecast:

  1. If you are buying downtown, ask about parking rules in writing. Free on-street parking downtown is a live policy question, and it affects both residents and any storefront tenant.
  2. Construction is a condition question, not a value question. Ask what is permitted within a few blocks of the address and how long the road and utility work is scheduled to run.
  3. If you own here, timing decisions belong with somebody who has seen your property. PBP Real Estate works with you as a transaction broker in every transaction, and every opinion of value comes from Gia Freer in writing after she has seen the property. There is no automated estimate on this site.

This page is a factual summary of public meetings, filings and press reports. It is not legal or tax advice, and it is not a comment on the merits of the pending litigation. For legal questions about a project, an assessment or a land-use decision, talk to your own attorney.

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Frequently asked questions

Is the Lake Worth Beach downtown parking garage approved?

Yes. City commissioners voted 4–1 on June 30, 2026 for the zoning change allowing a four-story, roughly 260-space garage at South K Street and First Avenue South, part of the WMODA campus. Opening has been discussed as early as 2028.

Will parking still be free in downtown Lake Worth Beach?

No decision has been made. Free on-street parking exists today. A commissioner supporting the garage has said paid parking will eventually be needed, and city studies in 2018 and 2024 recommended it, but no program has been adopted.

Why is the Wiener Museum project being sued?

The residents' group Lake Worth For All sued the city and its Community Redevelopment Agency on February 3, 2026, alleging that more than $1.6 million of county penny sales-tax money restricted to public parking was used to buy downtown land that was then sold to the developer for $10, and that the sale bypassed a City Charter referendum requirement. The case is pending before Circuit Judge Scott Kerner; the claims have not been decided.

How many workforce housing units are coming to the Lake Worth Beach area?

Two verified commitments: 39 of the 91 apartments at Lake Worth Station on North G Street, and 27 of GL Homes' 300 apartments on the former Falls Club site, placed on site after county approval in February 2026. Palm Beach County defines workforce housing as households at 60% to 140% of area median income.

What is being built on the old Falls Club golf course?

GL Homes received county approval on February 26, 2026 for 500 single-family houses of 1,800 to more than 4,800 square feet and 300 apartments in four-story buildings, on the 168-acre former golf course along Hypoluxo Road, with no age restriction.

When will the Gulfstream Hotel reopen?

The developer said in January 2026 that the restored 90-room hotel remained on track to open later in 2026 but would not give a date. A second phase with about 50 more rooms, roughly 83 apartments and a 273-space garage was expected to begin in late 2026.

By Gia Freer, Broker of Record, PBP Real Estate, LLC (Florida license BK689801). Last updated August 25, 2026. Facts current as of the source dates shown.