Promenade Plaza Changes Hands in $67M Neighborhood Deal

Keep an umbrella resting on the passenger seat this morning. Passing showers might shuffle a few outdoor plans, but there is plenty humming across the neighborhood today.

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The Lead

Mount Vernon Company acquired Promenade Shopping Plaza at 9810 Alternate A1A for $66.9 million from Nuveen Real Estate, marking northern Palm Beach County's largest grocery-anchored shopping center transaction in more than five years. The 207,877-square-foot neighborhood retail center, built in 1989 and currently 98 percent leased, traded for $321 per square foot. Anchored by a modern prototype Publix grocery store that was rebuilt and reopened last spring, the center also houses Ace Hardware, Planet Fitness, and an upcoming indoor children's swim school.

Boston-based Mount Vernon financed the transaction through a $35.9 million loan from Beacon Bank as part of an expanding South Florida retail footprint. Company leadership confirmed plans to hold the commercial property indefinitely while maintaining upgraded tenant spaces across the plaza's retail and dining corridors.

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Local Pulse

• County School Board Meets Tonight Schools Members gather in West Palm Beach this evening for their monthly regular voting session and district operational reviews.

• Frenchman’s Creek Completes Signature Renovation Parks Course architects finished rebuilding the lakefront bulkheads and green surrounds on the community's par-three ninth hole.

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Today's Outlook

• High 86°F · Low 75°F — Rain showers (46% chance of precipitation)
  • Tuck an umbrella in the car to navigate the passing midday showers with ease.

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What's On Around Town

Today

• Junior Golf Clinic Sandhill Crane Golf Club (9900 Sandhill Crane Dr), 5:30–6:30 PM · Paid Skill-building swing practice for junior golfers on the lighted driving range.

• Palm Beach County School Board Meeting Fulton-Holland Educational Services Center (3300 Forest Hill Blvd), West Palm Beach, 5:00 PM · Free County school leaders gather for public commentary, policy updates, and monthly votes.

• Live Music at Voodoo Bayou Voodoo Bayou (11701 Lake Victoria Gardens Ave), 6:00–9:00 PM · Free New Orleans blues, craft cocktails, and Southern comfort food on the patio.

Tomorrow

• Palm Beach County Senior Expo Palm Beach County Convention Center (650 Okeechobee Blvd), West Palm Beach, 10:00 AM–1:00 PM · Free
• Clematis by Night: Wolfhawk Centennial Square & Great Lawn (100 N Clematis St), West Palm Beach, 6:00–9:00 PM · Free
• The Beginning & The End Exhibition Opening The Gallery at Eissey Campus (3160 PGA Blvd), 7:30–10:00 PM · Free

Friday

• Tot Time: Autumn Adventures Burns Road Community Center (4404 Burns Rd), 10:00–11:00 AM · Paid
• Tiny Tots Storytime Gardens Branch Library (11303 Campus Dr), 10:15–10:45 AM · Free
• Live Latin Beats & Dining Avocado Cantina (11701 Lake Victoria Gardens Ave), 8:30–11:30 PM · Free

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Spotlight & Story

• "Astralis"
  • Perched atop the four concrete towers flanking the PGA Boulevard flyover at Alternate A1A, Wendy Ross’s four-part installation floats three stories above daily commuter traffic. Ross hand-stitched powder-coated aluminum mesh petals to sculpted steel armatures, creating airy botanical blooms that catch the afternoon Atlantic breeze.

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Palm Beach Gardens Daily Digest — compiled from local sources as of 6 AM. For breaking updates, follow your local newsrooms.

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