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Lake Park and Westlake Soar in Value | Real Estate News

Two Palm Beach County towns, Lake Park and Westlake, are exploding in value—with combined property worth surging nearly $880 million. Lake Park’s taxable value is set to jump 40%, nearing $1.8 billion, while Westlake climbs 23% to close in on $2 billion. Driven by luxury developments and a flood of affluent newcomers since 2020, Westlake—just a decade old—is booming with a population up tenfold and plans for 6,000 homes. But behind the scenes, drama’s brewing: developers Forest Development and Kast Construction are suing each other over broken contracts and unpaid bills. Meanwhile, South Palm…

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