After a $60 million acquisition by Concord Wilshire Capital, new developers intend to complete a portion of the unfinished Royal Palm Beach commercial center project formerly known as Main Street at Tuttle Royale.
Developer Brian Tuttle led plans to create a large mixed-use, downtown-style development on the south side of Southern Blvd., west of State Road 7. The 200-acre project includes 1,600 apartment units, more than 700,000 square feet of retail and mixed-use space, a school site, a public park and about 100 single-family homes.
“Originally, our intention was to create a [village] center where the residents of Royal Palm Beach and Wellington could hang out, shop, eat dinner, work and have a lifestyle center,” Tuttle said.
Tuttle’s development company was the master developer and assembled the roughly 40 parcels for the Tuttle Royale project. Since 2019, the Royal Palm Beach Village Council has approved several planning and development items related to it.
Five of the seven development pods were sold to other developers, with each of them overseeing the construction of part of the overall project. Three rental communities — the Point at Southern Blvd., Cortland Royal Palm Beach and Atlantico at Royal Palm Beach — have mostly been completed, and homebuilder K. Hovnanian’s Parkside single-family home community is underway.
But the main street commercial district, school site and regional park have continued to face delays.
Royal Palm Beach Mayor Jeff Hmara said the council approved the project because it aligned with the village’s long-term vision of creating a walkable neighborhood that could serve current and future residents.
“Bringing together housing, restaurants, retail, entertainment, hospitality and a public gathering spot is a real challenge, but it is a unique feature that will become part of Royal Palm Beach,” Hmara told the Town-Crier. “It will fit nicely into the character of Royal Palm Beach as being family-oriented, American hometown.”
In September 2025, Tuttle’s development company, which controlled the main street commercial district of the site, filed for bankruptcy. In April, Concord Wilshire Capital, a real estate investment and development firm, purchased the 43-acre portion of the development out of bankruptcy for $60 million.
The firm plans to rebrand the project under a new name, build 401 multifamily residences, about 426,764 square feet of retail space, a 125-room lifestyle hotel, an 82,875-square-foot office building and a park plaza.
In a Facebook post, Tuttle explained that it is rewarding to see components of the project performing well and moving forward.
“While a portion of the remaining land ultimately transitioned through a court-supervised process and closed to a new ownership group, I’m proud of the platform that was created and the work that went into bringing it to that stage,” he said. “I wish the new ownership the best of luck.”
Others on the council are not as happy with the current state of the development. Councilwoman Selena Samios, who has been a critic of the project, hopes that the situation might offer an opportunity to put the site on a stronger path and deliver a destination that residents were promised.
“The bankruptcy filing of Tuttle Royale underscores concerns I’ve raised for years,” Samios said. “Despite some residential areas having been completed, the core retail, hotel and office components have not even broken ground.”
There have been no updates on what the new name of the project will be. The Town-Crier reached out to village staff and Concord Wilshire Capital but was unable to confirm the details.
However, during the council’s meeting on Thursday, June 18, Village Manager Ray Liggins said that the new development team is currently in the process of putting an application together and is looking to stick to a similar plan as the previous developer.
“For them to change the land use and the zoning of that plan could take a couple of years,” he said. “That’s not within their schedule. They want to get it moving quicker than that.”
Since it first started years ago, the incomplete Tuttle Royale project has allowed other developers to seek opportunities in other areas. This year, Related Ross began construction on a similar walkable, multi-use commercial center, just south along State Road 7 in Wellington.
Hopefully, with the new ownership change, Royal Palm Beach residents may finally begin to see the fully completed development.
“We actually see the light at the end of the tunnel,” Hmara said. “We have the majority of this complex developed. Now the piece that brings it all together is what remains, and we’re excited about that.”
