Capodagli Property Company advances in West Palm Beach Broadway redevelopment race

Capodagli Property Company is among the final candidates selected by the West Palm Beach Community Redevelopment Agency to pursue redevelopment of CRA-owned properties along Broadway Boulevard. The move puts the New Jersey developer in position to help shape a corridor revamp tied to economic growth, community enhancement and the area’s long-term plan.

Why it matters: - The Broadway Boulevard corridor is in line for a redevelopment push that could drive new investment in West Palm Beach. - Capodagli Property Company’s selection moves the project closer to a developer choice for CRA-owned properties along the corridor. - The outcome could affect future housing, business activity and public-facing improvements in the area.

What happened: - The West Palm Beach Community Redevelopment Agency selected Capodagli Property Company as one of the final candidates in a competitive process to redevelop CRA-owned properties along Broadway Boulevard. - The announcement was dated July 22, 2026. - Capodagli Property Company is based in Linden, New Jersey.

The details: - The CRA owns the properties targeted for redevelopment along Broadway Boulevard in West Palm Beach, Florida. - Capodagli Property Company said it would work with the CRA to advance redevelopment efforts that support economic growth, enhance the community and contribute to the long-term vision for the area. - The company said it brings experience in real estate development, historic preservation and community-focused revitalization projects. - Capodagli Property Company develops, owns and manages more than 7,000 rental apartments. - The company also says it has more than 4,000 units in its pipeline. - Capodagli Property Company was founded in 1970. - The firm operates under the Meridia Living brand for residential communities. - More information is available through the company website. - The company also listed a contact email at marketing@meridialiving.com and a phone number at 973-694-3000. - The company’s LinkedIn page is available at Capodagli Property Company on LinkedIn.

Between the lines: - The CRA’s final-candidate decision suggests the project is moving from early screening toward a narrower selection phase. - Capodagli Property Company is positioning itself as a redevelopment partner with a history in mixed-use development and community-oriented projects. - The announcement emphasizes broad community and economic benefits, but the specific design, scope and funding details have not been disclosed yet.

What's next: - Additional details on development plans, project timing and community engagement opportunities will be announced as planning progresses. - A final redevelopment decision, if made, would determine how the Broadway Boulevard properties are transformed and what type of project advances first. - The West Palm Beach CRA and local stakeholders are expected to stay involved as the process continues.

The bottom line: - Capodagli Property Company is now one step closer to potentially helping reshape a key West Palm Beach corridor, but the most important project details are still to come.