Two billion-dollar stories, one city
If you follow Pompano Beach from the outside, you know one $2 billion story, The Pomp, the Cordish Companies and Caesars Entertainment entertainment district rising on the old harness-track site. This post is about the other one: a $2 billion master-planned downtown for the old core of the city, led by master developer RocaPoint Partners in a joint venture with the City of Pompano Beach and its Community Redevelopment Agency. The Pomp is being built as a destination. The New Downtown is being built as a city center, with a new City Hall at its heart.
What was approved, and when
The City Commission and the CRA approved the Master Developer Agreement with RocaPoint (RP Pompano, LLC) in June 2024, on a 4-2 vote. The plan covers roughly 75 acres bounded by Dixie Highway on the west, I-95 on the east, East Atlantic Boulevard on the south, and Martin Luther King Boulevard on the north. At full build-out the program comes to about 4.2 million square feet of office, retail, residential, hotel, and public space, plus about nine acres of parks and open green space.
To put the scale in context: the downtown plan's roughly 4.2 million square feet of mixed-use building is a different animal from the 223-acre entertainment district a few minutes west. The Pomp concentrates dining, gaming, residences, and offices on one site. The New Downtown rebuilds an actual city grid, block by block, with a civic building at the center of it.
The first thing to be built: a new City Hall
The anchor of Phase I is a two-building civic complex at the northwest corner of West Atlantic Boulevard and North Dixie Highway, across from Old Town: a new City Hall and a freestanding parking garage with 612 spaces. The City Hall, designed under the working name "Activated Green City Hall," includes a double-height lobby with a 1-Stop Shop customer counter, a public stair, conference rooms, and a rooftop garden.
The design has cleared the city's approval chain. The Architectural Appearance Committee approved the design on May 5, 2026, and the Planning and Zoning Board approved the site plan on May 27, 2026, on a 4-3 vote. In 2026 the city selected Suffolk as the construction manager and builder, and the selection was rolled out with two community job fairs tied to the project. The Phase I infrastructure request for proposals was issued in April 2026, which is the quiet, unglamorous part of the work that has to happen before the visible buildings go up.
How it gets paid for
The $2 billion figure is the full build-out value, not an upfront check. Of that, about $200 million is public money. The city projects roughly $1.4 billion in construction spending and about $447 million a year in spinoff business revenue at full build-out. The funding stack on the public side includes the $181 million general-obligation bond voters approved in 2018, a proposed $64.5 million revenue bond, and the sale of the current City Hall, the building from 1990 that the new complex will replace. Read that last point twice: the city is funding part of its next downtown by selling its current one.
The timeline, straight
Civic construction, including the new City Hall and the rest of Phase I, is targeted for completion by 2034. After the civic core lands, the plan calls for five to ten years of private investment and build-out on top of it. So the honest answer to "when will downtown Pompano be done" is: the civic anchor is a decade or less out, and the private build-out fills in through the early 2040s. No one is promising faster, and the city has not published an alternate schedule.
What is already standing in the same core
The New Downtown does not start from a blank lot. The same downtown core already has the Pompano Beach Cultural Center, the city's arts anchor on Atlantic Boulevard; Bailey Contemporary Arts on NE 1st Street; and the recently finished Old Town Square, the 282-residence mixed-use project that completed in May 2024 with ground-floor commercial space. The Old Town's Backyard plaza opened in 2023. The new plan threads through all of it, which is why the district is described as a rebuild rather than a build-from-scratch: the bones of an actual downtown, with 1920s and 1930s buildings mixed in, are already there.
The oceanfront is running its own race
While the downtown civic core moves on its long timeline, the beachfront corridor is building faster, and it is worth knowing the full roster because the delivery dates cluster in the next two to three years. As of the published record through October 2026:
- Ritz-Carlton Residences Pompano Beach at 1380 South Ocean Boulevard is the closest to finished: two towers, a 32-story beachfront tower with 117 residences and a 14-story marina tower with 88 residences, by Fortune International Group and Oak Capital. Ground broke in November 2022, major exterior work was wrapping up through late 2025, completion is targeted for 2026, and more than 92 percent of residences were under contract with the marina tower reported sold out.
- Waldorf Astoria Residences Pompano Beach at 1350 South Ocean Boulevard, the 28-story, 92-residence tower from Related Group and Merrimac Ventures with Hilton, topped out in spring 2026 with delivery slated for summer 2027. The project reported record penthouse sales of $17.1 million and $18.1 million in June 2026.
- W Pompano Beach Hotel & Residences at 20 North Ocean Boulevard, the 24-story condo-hotel from Related Group and BH Group with 296 condo-hotel suites, 74 residences, and about 3,600 square feet of retail, was unveiled in August 2024 and remains in pre-construction, with construction expected to begin in 2026 or 2027 and delivery in 2028 to 2029. Reported entry pricing was around $3.1 million.
- Armani/Casa Residences Pompano Beach at 1550 North Ocean Boulevard launched in November 2024 as Armani/Casa's first Florida project outside Miami: a 19-story boutique collection of 28 residences, one per floor, with delivery targeted for 2028 and pricing reported in the $3.5 million to $5 million range.
The point of listing these is not the price tags, it is the direction of travel: branded residential towers are choosing Pompano Beach's oceanfront, and they are doing it now. That is a factual statement about the development pipeline, not a claim about what any of it does to values.
What it means for Palm Aire
For this listing, the through-line is simple. Unit 610 sits in Palm Aire, the established golf community about 10 minutes from the beach and a short drive from both of the city's billion-dollar projects: The Pomp to the west, the New Downtown to the east. A city that is adding its first real downtown, a new civic building, branded oceanfront residences, and the largest entertainment district in its history is a city adding jobs, offices, visitors, and evening life. None of that is a price forecast. It is a statement about what is physically happening on the ground, sourced, verifiable, and moving on published schedules.
If you are comparing Pompano against the pricier towns to the north, the practical question is what a dollar buys today, and the practical answer is on the market report page, with every figure labeled by source and date. For the straight version of any of it, or a tour of the unit with the lake-and-golf view: Call or Text Ryan, 561-915-8590. Co-listed with Helen Katz, Coldwell Banker Realty.
Sources
- RocaPoint Partners · Downtown Pompano Beach project page
- Downtown Pompano Beach · official New Downtown site
- City of Pompano Beach · Downtown Transformation
- The Coastal News · $2 Billion Downtown Investment
- City of Pompano Beach · Suffolk selected for City Hall and garage
- Citizen Portal · Planning board approves City Hall and 612-space garage
- BOCA Post · City Hall design approved
- The Real Deal · Pompano Beach Boom: 14 projects
- Florida YIMBY · Ritz-Carlton Residences milestones
- PR Newswire · Waldorf, Ritz-Carlton, Armani/Casa, and W announcements
- BLDUP · W Pompano Beach Hotel & Residences
By
Ryan Parker · Realtor, Coldwell Banker Realty
Sales Associate · SL3571861 · Florida. Co-listed with Helen Katz. 2026-10-07 · Approval dates, bond proposals, and construction schedules change; confirm current status with the city and the project teams before acting on them.