Frankel Enterprises Purchases Palm Beach Gardens Waterfront Property for Development

Thomas Frankel, president of Frankel Development Company, and managing partner of FW Yacht Club, LLC. both based in Jupiter, has announced the purchase of 15-acres located at the southeast corner of Donald Ross Road and Prosperity Farms Road from Seven Kings Holdings, Inc. of Jupiter. The property which extends to the Intracoastal Waterway and wraps a deep-water yacht harbour, is approved by the city of Palm Beach Gardens for 113 condominium units.

Frankel Development Company is a Division of Frankel Enterprises. Frankel Enterprises, founded in 1936, has developed over 3,000 luxury homes and sold over $500 million dollars in real estate in Palm Beach County as well as projects in the Philadelphia area. Within the last fifteen years, the company has successfully developed the award-winning 900-home Admiral's Cove community in Jupiter, the 90-home community of San Michele in Palm Beach Gardens, and the 137-home community of Valencia in Jupiter.

For more information contact: Thomas Frankel, Frankel Enterprises at 561-406-6200