WPTV's Khalil McLean

ROYAL PALM BEACH, Fla. — A major development project in Royal Palm Beach that WPTV has been following for months is facing significant financial challenges that could impact its future.

Tuttle Royale, a 200-acre project at the corner of U.S. 441 and Southern Boulevard designed to create a "city-place" type destination in the area, hit a major snag after Main Street at Tuttle Royale LLC, one of the companies tied to it, filed for bankruptcy.

WATCH BELOW: WPTV's Michael Hoffman sits down with Developer Brian Tuttle Royal Palm Beach's Tuttle Royale development faces bankruptcy amid $47 million debt crisis

Developer Brian Tuttle said the highly anticipated project ran into trouble after loans expired, leaving more than $47 million in debt.

"The loan expired approxi

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