Close Menu
Florida Real Estate Wire – Real Estate NewsFlorida Real Estate Wire – Real Estate News
  • Florida Real Estate Market
  • Florida News by Region
    • Miami Dade Florida
    • Broward County Florida
    • Palm County Florida
    • Hillsborough County Florida
  • Rent In Florida
  • Investment Realty
  • Luxury Real Estate
  • Real Estate
What's Hot

Evacuations Disrupt Gulf Coast Vacations—and Spark Refund Disputes

October 16, 2026

West Palm Beach Condo Emerges From Bankruptcy With $14 Million Auction Sale

October 16, 2026

Sorrento Property Group Sells Two Florida Communities for $30 Million in Push for Larger Deals

October 16, 2026
Facebook X (Twitter) Instagram
Florida Real Estate Wire – Real Estate NewsFlorida Real Estate Wire – Real Estate News
Subscribe
  • Florida Real Estate Market

    West Palm Beach Condo Emerges From Bankruptcy With $14 Million Auction Sale

    October 16, 2026

    Sorrento Property Group Sells Two Florida Communities for $30 Million in Push for Larger Deals

    October 16, 2026

    Fort Lauderdale Waterfront Lots Gain Ground as Teardown Values Rise

    October 15, 2026

    Tula Residences Reaches 21-Story Milestone in North Bay Village

    October 15, 2026

    Miami Beach Rallies Against Florida’s Live Local Housing Law

    October 15, 2026
  • Florida News by Region
    1. Miami Dade Florida
    2. Broward County Florida
    3. Palm County Florida
    4. Hillsborough County Florida
    5. View All

    Coral Gables Plans $10 Million Makeover for Ponce Circle Park

    October 15, 2026

    Tula Residences Reaches 21-Story Milestone in North Bay Village

    October 15, 2026

    Miami Beach Rallies Against Florida’s Live Local Housing Law

    October 15, 2026

    Griffin’s Miami Real-Estate Move Delivers a $1 Billion Boost to Mana

    October 14, 2026

    Fort Lauderdale Waterfront Lots Gain Ground as Teardown Values Rise

    October 15, 2026

    Fort Lauderdale Waterfront Lots Take Center Stage as Land Values Climb

    October 15, 2026

    Tarpon River Self-Storage Project Lands $20 Million Construction Loan

    October 14, 2026

    Pompano Beach Weighs Buying County-Owned 22-Acre Alpha 250 Site

    October 14, 2026

    West Palm Beach Condo Emerges From Bankruptcy With $14 Million Auction Sale

    October 16, 2026

    Boca Raton Mixed-Use Project Planned, but Key Details Remain Unclear

    October 15, 2026

    Griffis Residential Opens Fund VII With $104 Million West Palm Beach Buy

    October 15, 2026

    The Berkeley Brings a New Luxury Tower to West Palm Beach’s Clear Lake

    October 15, 2026

    Hillsborough County’s Repair Program Could Ease the Cost of Critical Home Fixes

    October 15, 2026

    West Tampa Cultural Center Proposal Puts $56.3 Million Build on the Table

    October 13, 2026

    Hillsborough Home Sales: What’s Known About Sept. 28–Oct. 4

    October 10, 2026

    West Tampa Arts Center Gets $56.3 Million Development Pitch

    October 8, 2026

    Evacuations Disrupt Gulf Coast Vacations—and Spark Refund Disputes

    October 16, 2026

    West Palm Beach Condo Emerges From Bankruptcy With $14 Million Auction Sale

    October 16, 2026

    Florida lawyer suspended after helping in alleged deed scheme involving her former boss’s home

    October 15, 2026

    Fort Lauderdale Waterfront Lots Gain Ground as Teardown Values Rise

    October 15, 2026
  • Rent In Florida

    Evacuations Disrupt Gulf Coast Vacations—and Spark Refund Disputes

    October 16, 2026

    North Miami Beach Opens a New Chapter in Short-Term Rental Condos

    October 11, 2026

    Lake Worth Beach Weighs Reversing Its Short-Term Rental Ban

    October 9, 2026

    H&R REIT Agrees to $84.3 Million Buyout of Florida Apartment Partner

    October 8, 2026

    Brickell Condo Owners Press Miami to Crack Down on Illegal Short-Term Rentals

    October 7, 2026
  • Investment Realty

    Sorrento Property Group Sells Two Florida Communities for $30 Million in Push for Larger Deals

    October 16, 2026

    Florida Investor Buys Pleasanton Gateway Center for $79.1 Million

    October 15, 2026

    Sorrento Sells Two Florida Apartment Communities for $30 Million to Pursue Bigger Deals

    October 15, 2026

    Griffis Residential Opens Fund VII With $104 Million West Palm Beach Buy

    October 15, 2026

    CMBS Special Servicing Rate Hits Highest Level Since 2013

    October 15, 2026
  • Luxury Real Estate

    West Palm Beach Condo Emerges From Bankruptcy With $14 Million Auction Sale

    October 16, 2026

    The Berkeley Brings a New Luxury Tower to West Palm Beach’s Clear Lake

    October 15, 2026

    Boca Raton’s New $20M-Plus Resort Residences Draw Buyers

    October 14, 2026

    Griffin’s Miami Real-Estate Move Delivers a $1 Billion Boost to Mana

    October 14, 2026

    Tula Residences Reaches 21-Story Peak in North Bay Village

    October 13, 2026
  • Real Estate

    West Palm Beach Condo Emerges From Bankruptcy With $14 Million Auction Sale

    October 16, 2026

    Sorrento Property Group Sells Two Florida Communities for $30 Million in Push for Larger Deals

    October 16, 2026

    Florida lawyer suspended after helping in alleged deed scheme involving her former boss’s home

    October 15, 2026

    Fort Lauderdale Waterfront Lots Gain Ground as Teardown Values Rise

    October 15, 2026

    Florida Investor Buys Pleasanton Gateway Center for $79.1 Million

    October 15, 2026
Florida Real Estate Wire – Real Estate NewsFlorida Real Estate Wire – Real Estate News
Florida News by Region

Palm Beach County Pledges Up to $5M as Don King’s Jai Alai Site Draws Interest

October 2, 2026
Jai alai players in action on a sunny court.
Share
Facebook Twitter LinkedIn Pinterest Email

Palm Beach County commissioners have agreed to provide Mangonia Park with up to $5 million for water and wastewater improvements that could support redevelopment of Don King’s long-vacant jai alai fronton. The 52-acre property may draw an auction bid starting around $55 million, while developers have expressed interest in a large mixed-use project.

Key takeaways

  • County funding would help address the cost of extending water and sewer service to the site.
  • The 52-acre fronton could accommodate roughly 1,500 to 2,000 apartments, along with commercial uses, though plans are not final.
  • Any project receiving the federal funding must include housing for households earning no more than 80% of the area median income.
  • A potential auction bid could begin at $55 million, but a sale or redevelopment plan has not been finalized.

County funding targets a major infrastructure hurdle

The county’s contribution, approved Sept. 18, would come from Neighborhood Stabilization Program funds and go to the town of Mangonia Park. Town Manager Ken Metcalf has identified the cost of bringing water and wastewater service to the property as a key obstacle to redevelopment.

County officials said the investment would make the county a partner in shaping the eventual project. Commissioner Maria Sachs questioned whether a developer should cover the utility costs, while other commissioners supported using public funds to encourage redevelopment and generate future tax revenue.

Large-scale plans remain uncertain

The vacant Palm Beach Jai Alai fronton, at 1415 45th St., is considered one of South Florida’s largest undeveloped parcels east of Interstate 95. Metcalf said several developers have shown interest. The town has discussed a project with approximately 1,500 to 2,000 apartments and a commercial component, but the number of homes and the mix of uses have not been determined.

The federal funding carries an affordability requirement: housing must serve households earning no more than 80% of the area median income. That threshold is reported as $102,800 for a family of four.

[link-whisper-related-posts]

Auction possibility adds another dimension

The property is owned by boxing promoter Don King, and a potential auction could have a starting bid of about $55 million. That prospect does not establish that the site has been sold or that a particular development proposal has been selected. The county’s funding decision instead addresses infrastructure that would be needed if redevelopment moves forward.

Location could support transit and regional growth

Mangonia Park sits between West Palm Beach and Riviera Beach, and the fronton’s proximity to Tri-Rail has been cited as an advantage. Commissioner Marci Woodward, who serves on the commuter rail agency’s board, said redevelopment could help increase ridership.

For the town, the project could turn a long-idle property into housing and commercial space. Its eventual scale, affordability mix, financing and timeline will depend on the development process and the site’s future ownership.

  • County backs $5M for Don King fronton in Mangonia Park | Exclusive, AOL.com.

Related Posts

Evacuations Disrupt Gulf Coast Vacations—and Spark Refund Disputes

October 16, 2026

West Palm Beach Condo Emerges From Bankruptcy With $14 Million Auction Sale

October 16, 2026

Florida lawyer suspended after helping in alleged deed scheme involving her former boss’s home

October 15, 2026

Fort Lauderdale Waterfront Lots Gain Ground as Teardown Values Rise

October 15, 2026
Florida Real Estate Newsletter

Headlines delivered weekly


Top Picks

Evacuations Disrupt Gulf Coast Vacations—and Spark Refund Disputes

October 16, 2026

Houzeo Enhances Home Buying Experience with New ‘Collections’ Feature in Florida

September 1, 2025

Orion Real Estate Group Sells Jupiter Shopping Center for $52.8 Million

September 1, 2025

Real Estate Visionary Rodolfo A. Rios Unveils Essential Guide for Developers in Miami

September 1, 2025
Latest Posts

Evacuations Disrupt Gulf Coast Vacations—and Spark Refund Disputes

October 16, 2026

West Palm Beach Condo Emerges From Bankruptcy With $14 Million Auction Sale

October 16, 2026

Sorrento Property Group Sells Two Florida Communities for $30 Million in Push for Larger Deals

October 16, 2026
© 2026 Florida Real Estate Wire. All Rights Reserved.
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer

Type above and press Enter to search. Press Esc to cancel.