Downtown Palmetto continues to evolve through streetscape improvements, façade renovations, public art, beautification projects, and new small business investments.
80 apartments, a public parking garage and retail space to the Riverside Drive area along the Manatee River.
$60 million development
To be completed in 2028
The proposed project would transform the 3.4-acre site on the corner of Eighth Avenue West and Riverside Drive into a six-story building with 155,652 square feet of apartments, 5,000 square feet of retail space and 5,000 square feet of amenities.
$53 million project
Developer: www.mosaicdevelopmentfl.com/
The CRA intends to sell the property to a developer who intends to create a mixed use development to fill the housing gap in the area, as well as increase commercial activity. The property will also include a parking garage to service the growing downtown area.
City of Palmetto was one of the first city’s awarded the Complete Streets Pilot Program by FDOT. This program aims to improve transportation safety and accessibility for all users by designing and building roads that accommodate pedestrians, cyclists, motorists, and transit riders, while also promoting economic development and enhancing quality of life
3.9 acre site, Riverside Estates, Mixed-Use Development, 174 Market Rate/Affordable Units, 12,000-15,000 sf of Retail
Palmetto, Florida is quickly becoming one of the Gulf Coast’s fastest-growing waterfront communities. From new mixed-use developments and apartment communities to waterfront revitalization projects, restaurants, marinas, and infrastructure improvements, the city is seeing significant investment across the Manatee River region. Located just north of Bradenton and minutes from Sarasota, St. Petersburg, and Tampa Bay, Palmetto continues to attract new residents, businesses, and developers looking for an authentic Old Florida setting with modern growth opportunities. This page highlights upcoming projects, proposed developments, new construction communities, and major investments shaping the future of Palmetto, Florida.
Several mixed-use and multifamily developments are currently underway along Riverside Drive and throughout Palmetto. These projects are bringing new residential units, retail spaces, restaurants, and public gathering areas closer to the waterfront while helping continue the revitalization of downtown Palmetto.
1035 Riverside Drive, Palmetto, FL 34221