Prive Group’s primary plan focuses on developing 15 luxury residential units within the existing zoning regulations, ensuring a risk-averse and streamlined process. This "as of right" project will deliver high-end residences tailored to affluent buyers, prioritizing exclusivity, superior design, and premium finishes. By leveraging the existing zoning, the group can execute a swift entry and exit strategy, avoiding the delays and risks typically associated with rezoning or variance applications .

While the main business plan does not depend on variances, there remains potential to pursue them in the future to increase unit count or reduce setbacks. These adjustments could enhance profitability by expanding the sellable area and offering greater design flexibility. However, pursuing variances would require strict legal compliance, strong justification for hardship, and proactive community engagement to address neighbors concerns.

Prive Group’s prior experience in land development and entitlement-related matters informs a cautious and methodical approach to project execution, with a primary focus on risk management, regulatory compliance, and capital preservation.

Palm Beach County is emerging as a financial hub, dubbed “Wall Street South,” with finance, corporate headquarters, and healthcare now among its top industries. The county hosts 2,602 hedge funds and private equity firms, employing over 11,000 people with an average salary of $126,340. It also ranks as one of the top five wealth markets in the U.S., with 71,000 millionaires and 59 billionaires. Since the pandemic, about $39 billion in wealth has migrated to Florida, with a third of that moving into Palm Beach County.

Major financial firms such as Goldman Sachs, Point 72, and Elliot Management have opened offices in West Palm Beach. New high-end office spaces like One Flagler and 360 Rosemary cater to this influx,

with financial services firms paying premium rents. The overall office occupancy rate in Palm Beach County stands at 88%, higher than Miami-Dade and Broward counties.

The wealth boom has also attracted professional service firms like accounting firm Anchin and security provider RMS USA International, both expanding to serve high-net-worth individuals. Real estate projects are continuing, including a 23-story office tower by Charles Cohen and two new office towers by Related Companies.

The Town of Palm Beach residential real estate surged in 2024 from a year earlier, jumping 40% to $12.5 million, according to reports from Douglas Elliman in Q2 2024.

WORTH AVENUE
Worth Avenue in Palm Beach is an iconic shopping destination renowned for its elegant atmosphere and collection of luxury brands like Chanel, Gucci, and Louis Vuitton. The avenue’s charming architecture, with its Mediterranean-inspired buildings and lush courtyards, adds to the allure and provides a unique shopping experience. Beyond high-end fashion, Worth Avenue boasts art galleries, antique shops, and fine dining establishments, making it a must-visit for those seeking a taste of Palm Beach’s sophisticated lifestyle.

THE GARDENS MALL
The Gardens Mall in Palm Beach Gardens is a premier shopping destination, offering a sophisticated mix of luxury department stores like Nordstrom, Saks Fifth Avenue, and Bloomingdale’s, alongside a curated selection of high-end boutiques. With its elegant atmosphere and diverse range of dining options, from casual cafes to upscale restaurants, the mall provides a complete shopping and entertainment experience. Conveniently located near I-95 and PGA Boulevard, The Gardens Mall is easily accessible and a popular choice for locals and visitors seeking a refined shopping experience.

THE KRAVIS CENTER FOR THE PERFORMING ARTS
The Kravis Center for the Performing Arts is a renowned cultural hub in West Palm Beach, hosting a diverse range of performances, from Broadway shows and ballet to classical music and opera. With its stunning architecture and state-of-the-art facilities, including the grand Dreyfoos Hall and the intimate Rinker Playhouse, the Kravis Center offers an exceptional experience for audiences and performers. As a nonprofit organization, the Kravis Center plays a vital role in enriching the community through arts education programs and outreach initiatives, making it a true gem in Palm Beach County.

PGA COMMONS
PGA Commons in Palm Beach Gardens offers a vibrant outdoor atmosphere with a unique blend of boutiques, art galleries, and popular restaurants. Visitors can enjoy a diverse culinary scene, ranging from casual cafes and craft breweries to upscale dining experiences with global flavors. The charming setting, with its lush landscaping and pedestrian-friendly walkways, creates a relaxed and inviting ambiance for shopping, dining, and socializing.refreshing breaks along the trail. In addition, the Dezer Family Playground is located at the southernmost end of the park system and overlooks the quiet waters of the Intracoastal Waterway.

OCEAN REEF PARK
Ocean Reef Park is a beloved beach on Singer Island, offering visitors a beautiful stretch of sand with calm, clear waters perfect for swimming and snorkeling. The park provides ample amenities, including picnic tables, grills, a playground, and even a volleyball court, making it ideal for a family day out. With its lush vegetation providing shade and a relaxed atmosphere, Ocean Reef Park is a true escape from the hustle and bustle, allowing visitors to reconnect with nature and enjoy the simple pleasures of the beach.

JOHN D. MACARTHUR BEACH STATE PARK
John D. MacArthur Beach State Park is a true gem of Palm Beach County, offering 1.6 miles of pristine beachfront on a barrier island with diverse natural habitats to explore. Visitors can enjoy swimming, snorkeling, and kayaking, or hike through the lush trails, encountering unique flora and fauna like sea turtles and ospreys. The park also features a nature center with interactive exhibits, providing an educational experience for all ages, making it a perfect destination for those seeking recreation and environmental awareness.

LOGGERHEAD PARK
Loggerhead Park in Juno Beach is a popular destination for families and nature lovers, offering a beautiful beach with lifeguard protection, a playground, and picnic areas. The park is named after the loggerhead sea turtles that nest on its shores, and visitors can often spot these magnificent creatures during nesting season (May-October). With its convenient amenities, scenic boardwalk, and opportunities for swimming, snorkeling, and fishing, Loggerhead Park provides a relaxing and enjoyable experience for all ages.

THE OCEAN COURSE AT THE BREAKERS
The Ocean Course at The Breakers is Florida’s oldest 18-hole golf course, offering a classic and challenging experience amidst stunning oceanfront scenery. Recently redesigned by renowned golf course architect Rees Jones, the course seamlessly blends its historic charm with modern playability, featuring lush fairways, strategically placed bunkers, and breathtaking water features. As part of the iconic Breakers Palm Beach resort, the Ocean Course provides an exclusive and unforgettable golfing experience for resort guests and members alike.

BATH & TENNIS CLUB
The Bath & Tennis Club is a private social club offering its members exclusive access to upscale amenities, including a beach, pool, tennis courts, and fine dining. Established in 1926, the club has a rich history and is known for its elegant atmosphere and social events, catering to Palm Beach’s elite. While membership is required to enjoy its facilities, the Bath & Tennis Club represents a hallmark of Palm Beach’s luxurious lifestyle and social scene.

PALM BEACH PAR-3 GOLF COURSE
The Palm Beach Par-3 Golf Course is a picturesque 18-hole course nestled between the Atlantic Ocean and the Intracoastal Waterway, offering stunning views and a challenging yet enjoyable experience for golfers of all skill levels. Redesigned by renowned golfer Raymond Floyd, the course features lush landscaping, challenging water hazards, and strategically placed bunkers, making it a favorite among locals and visitors alike.

PALM BEACH COUNTRY CLUB
Palm Beach Country Club is a prestigious private club boasting a rich history and a prime location spanning 83-acres from the Atlantic Ocean to Lake Worth. Established in 1917, the club features an 18-hole golf course originally designed by Donald Ross, along with exceptional amenities including tennis courts, a fitness center, and fine dining. With its exclusive membership and commitment to excellence, Palm Beach Country Club offers a refined and sophisticated experience for its members.

THE BEACH CLUB
The Beach Club is a private members-only club established in 1941, boasting a rich history and a prime oceanfront location. With its elegant facilities, including a grand ballroom, oceanfront dining room, and poolside terrace, the club provides a sophisticated setting for social gatherings and special events. Members enjoy a range of amenities, from beach access and water sports to tennis courts and fitness facilitie.

PALM BEACH YACHT CLUB
The Palm Beach Yacht Club, established in 1890, is a prestigious private club steeped in maritime tradition. Located in the heart of West Palm Beach, it offers members exclusive access to world-class sailing, yachting, and social events. With its rich history and elegant facilities, the Palm Beach Yacht Club remains a cornerstone of the South Florida boating community.

PALM HARBOR MARINA
Palm Harbor Marina in West Palm Beach is a world-class facility catering to luxury yachts up to 300 feet in length. Located in the heart of the Palm Beaches, it provides easy access to the area’s upscale shopping, fine dining, and cultural attractions. Boaters can enjoy top-notch amenities including a clubhouse, fitness center, and on-site restaurants, ensuring a comfortable and convenient stay.

SAFE HARBOR RYBOVICH
Safe Harbor Rybovich is a renowned marina and shipyard in West Palm Beach, catering to megayachts with its impressive facilities, including a 660-ton travel lift and 3000-ton floating dry dock. It offers a resort-style experience with amenities like a crew lounge, swimming pool, and on-site dining, making it a destination in itself.

LOGGERHEAD MARINA
Loggerhead Marina in Riviera Beach provides convenient and secure dry stack storage for boats up to 46 feet, making it a popular choice for boaters in the Palm Beaches. Its prime location just minutes from the Lake Worth Inlet offers quick and easy access to the ocean, with no bridges to navigate. Boaters appreciate the marina’s range of amenities, including a swimming pool, clubhouse, and picnic area, creating a welcoming atmosphere for relaxation and socializing.

PGA MARINA
PGA Marina is one of Palm Beach County’s largest boating centers, conveniently located in Palm Beach Gardens on the Intracoastal Waterway, just minutes from the Palm Beach Inlet. This full-service marina offers both wet slips and dry stack storage, along with amenities like a fuel dock, ship store, and boat repair services. PGA Marina is also undergoing a significant redevelopment project to modernize its facilities and expand its capacity, promising an even better experience for boaters in the future.

SAILFISH MARINA
Sailfish Marina in Palm Beach Shores is a popular destination for sportfishing enthusiasts, known as the “Yankee Stadium” of the sport with its world-famous fleet of charter boats. This full-service marina offers a range of amenities for boaters, including wet slips, fuel docks, and a ship store, along with a waterfront restaurant and tiki bar. Visitors can also enjoy the resort atmosphere with an on-site motel, swimming pool, and easy access to the beach, making it a complete vacation destination.