Press release

June 26, 2020

Downtown Adds Life and Style to Upscale Lifestyle Center in Palm Beach Gardens

DOWNTOWN ADDS LIFE AND STYLE TO UPSCALE LIFESTYLE CENTER IN PALM BEACH GARDENS

City Council approves “in place” upgrades for Downtown Palm Beach Gardens common areas

(PALM BEACH GARDENS, FLA) The City of Palm Beach Gardens approved plans last night that will transform the eat, live and play areas of ShopCore’s flagship property at Downtown Palm Beach Gardens. The common areas of the lifestyle plaza will be reimagined with new murals, landscaping, sculptural seating and swings, and its beloved carousel will be moved to a prime waterfront location – with a reveal later this year.

“We are truly grateful for the support of the Palm Beach Gardens City Council in our efforts to bring our vision to reality,” said Brian Donley, Vice President of Development for ShopCore Properties. “As we continue our goal to re-envision a center that attracts customers both day and night, these new spaces and improved areas will elevate our offerings.  We can’t wait to get started transforming Downtown into a place that will inspire health, happiness and well-being in the heart of this great community.”

Construction is scheduled to begin in mid-July and all tenants, such as newly opened Voodoo Bayou, Villain Bikes and Vagabond Apparel, will remain open during the process.

According to ShopCore’s Nina Rogers, Vice President of Specialty Leasing, different areas throughout the center will be designed to evoke a getaway or vacation setting with names such as the “Recharge Lounge,” or “Palm Swing Court.” New awnings, colorful tiles, decorative panels, updated paint colors, new Bahama shutters and French doors, spectacular lighting, tropical landscaping, botanical sculptures and fun new furnishings will come together to offer a breath of fresh air to Downtown’s outdoor location.

“Our customers are top of mind as we continue to reimagine Downtown Palm Beach Gardens,” said Rogers. “The new outdoor furnishings and landscape improvements will create inviting and relaxing spaces throughout our property for diners, shoppers and all guests to enjoy.”

Downtown Palm Beach Gardens is a premier retail destination located in the heart of a Floridian lifestyle haven. In addition to an exclusive collection of unique, local retailers, Downtown is home to over 50 shops and restaurants, including Whole Foods, Cobb 16 Theatres and many more. Life Time, the nation’s premier healthy lifestyle brand, is currently under construction to bring its high-end athletic lifestyle resort with more than 100,000 square feet of best-in-class amenities and programs, and a rooftop beach club, to Downtown in Fall 2021.

Accented by an abundance of signature events, family-centric experiences, a pet-friendly atmosphere, and infinite opportunities for connection and inspiration, Downtown offers something for everyone. The merchant mix is enhanced by lush landscaping, waterfront views and expansive outdoor space for entertainment and events. Downtown Palm Beach Gardens is owned and managed by ShopCore Properties. For more information on Downtown Palm Beach Gardens, please visit downtownpbg.com.

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About ShopCore ShopCore is a vertically integrated real estate company with internalized leasing, development, property management, legal, accounting and asset management functions. Currently ShopCore leases and manages 50+ shopping centers covering approximately 21mm square-feet in 15 states. ShopCore is owned by affiliates of The Blackstone Group.