Expected to begin within the next few weeks, the aging property will be transformed into a 250,000-square-foot open-air retail center. The project is expected to be completed between 2027 and 2028.

A majority of the Vero Beach City Council voted on March 10th to relinquish control of the airport’s parking lots and approved a $243,000 change order for the consultant designing the parking system.

Scheduled for completion in the fourth quarter of 2029, the project will feature two 20-story towers containing 132 condo residences, along with six townhomes and 17 guest suites.

National real estate company and multifamily developer Thompson Thrift recently celebrated the grand opening with a ribbon-cutting ceremony. The 276-unit Class A community marks a significant addition to the Vero Beach housing market.

Florida’s tax benefits have made the state an attractive destination for entrepreneurs, investors, and high-net-worth individuals. Miami, in particular, has emerged as a new hub for tech entrepreneurs seeking favorable tax conditions.