Kings Landing

What Kings Landing does

King's Landing is a mixed-use waterfront development project in Fort Pierce, Florida, operated by Audubon Development Inc. (a private developer mailing from PO Box 981, Palm Beach, FL). The project redevelops the former H.D. King Power Plant site into a creative arts, entertainment, and living district that links historic downtown Fort Pierce with surrounding neighborhoods through a pedestrian-friendly, walk-up commercial design. The development comprises 116 residential units (106 condominiums priced from the high-$500,000s to $1M+, and 10 luxury two-story villas starting at $1.5M), a 140-room boutique-style hotel, approximately 17,000 SF of retail space and 35,000 SF of restaurant/bar space, supported by 308 parking spaces (179 in a garage plus 129 surface).

The business operates a direct-to-consumer pre-sales/reservation model: prospective buyers and tenants download reservation forms (PDF) from the Squarespace-hosted project website and submit a $2,500 fully refundable deposit by mail on a first-come, first-served basis, with limited inventory — particularly commercial space — used to drive urgency. Marketing is event-driven and content-led, combining project updates via email newsletter, press coverage (including CBS12's feature on the artificial reef initiative), and a design gallery on the company website. There is no app, no third-party distribution, and no disclosed management team, funding rounds, or revenue figures.

Revenue mechanics rest on three streams: one-time residential sales (condominium and villa closings), recurring triple-net commercial leases at $30/SF (retail) and $35/SF (restaurant/bar), and recurring hotel operations once the 140-room property opens. The developer has also executed an environmental initiative, donating over 1,500 tons of concrete debris from ten months of site excavation to an artificial reef foundation approximately six miles offshore near Fort Pierce Inlet, which has provided earned-media differentiation for the brownfield redevelopment.

Name

Kings Landing

Legal name

King's Landing

Website

https://kingslandingdistrict.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

King's Landing is a private mixed-use waterfront development in Fort Pierce, Florida, by Audubon Development Inc., offering 116 residences, a 140-room boutique hotel, and 52,000 SF of retail/restaurant space, sold via direct reservation.

Ownership category

akta.pro rank

Product category

Mixed-Use Real Estate Development

NAICS

Hotels (except Casino Hotels) and Motels (721110), Traveler Accommodation (7211), Rental and Leasing Services (532)

SIC

Hotels & Motels (7011), Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Beachfront & Coastal Full-Service Hotels (THAGAAAI)

akta.pro secondary industries

Ultra-Luxury Villas & Estates (THAMAEAA), Beachfront & Lakefront Homes (THAMAAAF)

Keywords

• Mixed-use real estate
• Waterfront development
• Residential condominiums
• Commercial leasing
• Boutique hotel

Headquarters

HQ city

Fort Pierce

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Residential Property Sales: One-time sales of condominiums and luxury villa homes. Condominiums range from high-$500,000s to $1 million+. Villa homes begin at $1.5 million.
2. Commercial Space Leasing: Triple net (NNN) commercial leasing model for retail and restaurant spaces. Retail space at $30 per SF, restaurant/bar space at $35 per SF.
3. Hotel Operations: 140-room boutique-style hotel operating within the waterfront entertainment district.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

King's Landing is a mixed-use waterfront arts, entertainment, and living district in Fort Pierce, Florida, developed by Audubon Development Inc. The project sells 116 residential units (106 condominiums ranging from the high-$500,000s to $1 million+, plus 10 luxury villa homes starting at $1.5 million), leases approximately 17,000 SF of ground-floor retail space and 35,000 SF of restaurant/bar space on triple-net terms, and operates a 140-room boutique-style hotel. Reservations are taken on a first-come, first-served basis with a fully refundable $2,500 deposit, positioning the development as an integrated residential, commercial, and hospitality destination.

Product overview

King's Landing is a creative waterfront arts, entertainment and living district in Fort Pierce, Florida, developed by Audubon Development Inc. The project features a mixed-use development combining 116 residential units (106 condominiums and 10 luxury villas), a 140-room boutique hotel, approximately 17,000 SF of retail space, and 35,000 SF of restaurant/bar space. The development connects downtown Fort Pierce to surrounding neighborhoods with pedestrian-friendly design and includes an environmental initiative through an artificial reef program. The product portfolio includes residential offerings (condominiums and villas), commercial spaces (retail and restaurant), hospitality (hotel), and environmental initiatives (artificial reef).

Differentiator

Problem solved

Functional benefit

Products and services

• Condominiums 106 residential condominium units for sale in one-bedroom 1.5 bath, two-bedroom 2.5 bath, three-bedroom 3.5 bath, and penthouse configurations, with homeownership ranging from the high-$500,000s to $1 million+. Units offer marina, ocean, city, Town Square, and Moore's Creek views. Targeted at affluent individuals and families seeking waterfront homeownership.
• Villa Homes 10 luxury two-story villa homes featuring three bedrooms and 3.5 baths, with homeownership beginning at $1.5 million. Floor plans and decorator packages are available for buyers. Targeted at high-net-worth purchasers seeking limited-edition waterfront luxury residences.
• Boutique Hotel 140-room boutique-style hotel with a low-profile design within the Fort Pierce waterfront entertainment district. Provides boutique accommodations, event venue space, and waterfront experiences for tourists and visitors.
• Retail Space Approximately 17,000 square feet of ground-floor walk-up retail space available for lease at $30 per SF on a triple-net (NNN) basis. Targeted at specialty retailers seeking prime pedestrian-friendly waterfront locations.
• Restaurant & Bar Space Approximately 35,000 square feet of restaurant and bar space available for lease at $35 per SF on a triple-net (NNN) basis, designed for specialty dining establishments. Targeted at restaurant groups and bar operators seeking prime waterfront dining locations with high foot traffic from hotel guests and residents.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• City of Fort PiercecoreOthersCity of Fort Pierce left behind concrete debris from the H.D. King Power Plant on the King's Landing site. Audubon Development removed over 1,500 tons of concrete debris during ten months of excavation and donated it to the foundation for artificial reefs.

Scale indicators8 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• The Related Companies: National real estate developer behind major mixed-use projects including Hudson Yards and CityPlace. Comparable as a mixed-use developer integrating residential, hospitality, and retail into destination districts, though operating at significantly larger urban scale.
• Howard Hughes Holdings: National master-planned community developer operating large-scale mixed-use districts (e.g., The Woodlands, Downtown Columbia, Ward Village) that combine residential, hospitality, retail, and office. Comparable in mixed-use programming model and destination-creation strategy, though at much greater scale.
• Brookfield Properties: Global real estate operator with major mixed-use, hospitality, and retail assets including Manhattan West and Brookfield Place. Comparable as a large-scale mixed-use developer/operator integrating residential, hotel, retail, and dining into destination districts.

Regional players

• JBG SMITH Properties: Mixed-use real estate operator focused on the Washington, D.C. metropolitan area, including residential, office, and retail in mixed-use districts. Comparable in mixed-use operating model but operating in a different geography (DC metro) than King's Landing's Florida market.

Direct peers

• Tavistock Development Company: Florida-based mixed-use developer behind Lake Nona, a master-planned community combining residential, hospitality, retail, and office in Orlando. Closely comparable as a Florida mixed-use developer creating destination districts from greenfield or redevelopment sites.
• Newland Communities: Developer of master-planned residential and mixed-use communities across the U.S. Comparable in mixed-use programming that combines residential product with integrated commercial and amenity components at a community scale.
• St. Joe Company: Florida-focused real estate operating company that develops large-scale mixed-use, residential, and commercial communities in the Florida Panhandle. Comparable as a publicly-traded Florida real estate developer pursuing master-planned destinations with residential, hospitality, and commercial components.
• Kolter Group: Florida-based private real estate developer of residential, hospitality, and mixed-use projects including the Kolter Urban and Kolter Hospitality portfolios. Comparable as a private Florida developer pursuing waterfront and destination mixed-use projects combining residential and hotel components.
• Encore Capital Management: Real estate investment and development firm pursuing mixed-use and multifamily projects across the U.S., including the Babcock Ranch master-planned community in Florida. Comparable in mixed-use programming combining residential with integrated commercial and amenity components.
• WCI Communities: Florida-focused residential developer (now part of Lennar) building luxury and move-up for-sale homes in Florida communities. Comparable for the residential for-sale condominium and villa product at King's Landing, though without the integrated hotel/commercial component.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kings-landing

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kings Landing