Related Ross Celebrates The Topping Off Of The Robert A.M. Stern-Designed South Flagler House In West Palm Beach

Related Ross has officially topped out South Flagler House, the developer’s first luxury condominium in Florida, at 28 stories. The milestone comes just one year after the start of vertical construction at the development, which is located at 1355 South Flagler Drive in West Palm Beach.

Related Ross has officially topped out South Flagler House, the developer’s first luxury condominium in Florida, at 28 stories. The milestone comes just one year after the start of vertical construction at the development, which is located at 1355 South Flagler Drive in West Palm Beach. The top out was commemorated with a private ceremony attended by Related Ross executives, top residential brokers, project partners, and local officials. Construction is overseen by Coastal Construction.

South Flagler House will comprise of 105 two-to five-bedroom homes spread across two 28-story towers, The North Tower and The South Tower. A new residential landmark in West Palm Beach, South Flagler House marks Robert A.M. Stern Architects’ first luxury residential tower in South Florida to reach its top milestone, and features interiors designed by the acclaimed Pembrooke & Ives. Set on an idyllic waterfront site overlooking Palm Beach Island and the Atlantic Ocean, South Flagler House embodies the pinnacle of coastal sophistication and is expected to welcome residents in 2027.

“South Flagler House’s topping out brings us one step closer to delivering one of the most anticipated new developments in South Florida. With a tremendous buyer response to date, South Flagler House offers thoughtfully designed residences and an unparalleled lifestyle tailored to discerning buyers,” said Bryan Cho, Executive Vice President of Related Ross.

“South Flagler House draws inspiration from the architectural heritage of Palm Beach while establishing a new benchmark for classical design and modern living in West Palm Beach,” said Paul Whalen, Partner at Robert A.M. Stern Architects. “Its composition, materials, and craftsmanship reflect a lasting commitment to elegance and place.”

South Flagler House boasts 50,000 square feet of thoughtfully programmed residential amenities, all designed to provide relaxation, wellness, and refined social living. These amenities include a resort-style pool deck, wellness and fitness facilities, three distinct culinary concepts, private dining spaces, an indoor pickleball court, a children's and teens STEM room, a card room and library, a theater, and a suite of hospitality-driven services for South Flagler House’s residents.

Sales at South Flagler House are being led by Adam McPherson, Related Ross’s Senior Vice President of Residential Sales, in coordination with Suzanne Frisbie of The Corcoran Group and Corcoran Sunshine Marketing Group. Pricing for current availability at South Flagler House starts at $6 million and ranges up to $72.5 million.

Images via South Flagler House

For more information about South Flagler House or to inquire about purchasing a unit please fill out the form below:

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Related Ross Commences Vertical Construction For Robert A.M. Stern Architects-Designed 'South Flagler House' in West Palm Beach

Related Ross has commenced vertical construction at South Flagler House, marking a key milestone for the firm’s first luxury condominium in the state of Florida. Located at 1355 South Flagler Drive in West Palm Beach, South Flagler House features 108 two- to five-bedroom homes, including penthouses and guest suites, across two 28-story towers.

Related Ross has commenced vertical construction at South Flagler House, marking a key milestone for the firm’s first luxury condominium in the state of Florida. Located at 1355 South Flagler Drive in West Palm Beach, South Flagler House features 108 two- to five-bedroom homes, including penthouses and guest suites, across two 28-story towers, The Park Tower and The Lake Tower. The unparalleled development, which features exterior architecture by renowned Robert A.M. Stern Architects (RAMSA), interiors by acclaimed interior designer Pembrooke & Ives, and spectacular waterfront views overlooking Palm Beach Island and the Atlantic Ocean, is expected to welcome its first residents in 2027.

“Related Ross has been invested in the evolution of West Palm Beach for over 25 years, and this milestone underscores the strength of our development team, along with all of our exceptional partners,” said Bryan Cho, Executive Vice President of Development at Related Ross. “We have seen incredible buyer response to date, a testament to the exceptional design, amenities, and lifestyle that South Flagler House provides.”

Residents of South Flagler House will experience a rarefied lifestyle with expansive homes and access to the celebrated Related Life experience program, an impressive array of amenities, concierge services, access to private events, culinary offerings, and programming akin to the world’s most exclusive private members clubs. Pricing for current availability begins at $6 million and ranges up to $73 million. Suzanne Frisbie of The Corcoran Group and Corcoran Sunshine Marketing Group is leading sales for South Flagler House.

Led by visionary developer Stephen Ross, Related Ross is a fully integrated real estate firm with unparalleled expertise in mixed-use development. Related Ross is leading the transformation of West Palm Beach into one of the fastest growing cities in the nation to live, work and visit. Related Ross leads the market in Class A office with over 2.8M square feet of existing commercial holdings built and under construction. Known for luxury residential buildings, Related Ross is introducing a new class of rentals and condos to the market including The Laurel and South Flagler House. The company also developed and owns the most celebrated destinations in the region including CityPlace – the most visited neighborhood in the City, fostering culture and enriching the community with lush green spaces, a diverse mix of experiential retail and culinary offerings, the largest concentration of public art installed by a private company in Palm Beach County, educational programming and modern residences; as well as Hilton West Palm Beach, RH West Palm and the historic Harriet Himmel Theater.

For more information about South Flagler House or to inquire about purchasing a unit please fill out the form below:

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Related Companies Launches Sales At Waterfront Condo 'Shorecrest' in West Palm Beach

Related Southeast has launched sales for Shorecrest in West Palm Beach. The luxury condominium features stunning views of the Intracoastal Waterway, Palm Beach Island and the Atlantic Ocean. Located on North Flagler Drive, Shorecrest is designed by architecture firm Roger Ferris + Partners with residential interiors and amenities by Rottet Studio, and landscape design by DSBoca.

Related Southeast has launched sales for Shorecrest in West Palm Beach. The luxury condominium features stunning views of the Intracoastal Waterway, Palm Beach Island and the Atlantic Ocean. Located on North Flagler Drive, Shorecrest is designed by architecture firm Roger Ferris + Partners with residential interiors and amenities by Rottet Studio, and landscape design by DSBoca. The residences include 140 graciously scaled homes, penthouses and access to The Related Life, an impressive array of amenities, services and programming similar to those found at the most exclusive private members clubs around the world.

The renowned design team of Roger Ferris + Partners and Rottet Studio’s collaboration on Shorecrest is each firm’s first ground-up, new residential development in West Palm Beach. Roger Ferris + Partners’ striking design features a curvilinear façade with floor-to-ceiling glass that provides panoramic views of the water and ample light for each residence, creating a sense of openness and connectivity between indoors and out.

“Related has been dedicated to the growth of West Palm Beach for decades and we are proud to expand our luxury residential offerings with Shorecrest,” said Stephen M. Ross, Chairman and Founder of Related Companies. “Tailored to this thriving community, Shorecrest transforms a part of the waterfront while capturing a timeless aesthetic for residents.”

“West Palm Beach has solidified its status as one of the most sought-after addresses in the country,” said Kenneth A. Himmel, President and CEO of Related Urban. “Shorecrest is a feat of remarkable design from Roger Ferris + Partners, one of the most renowned experts in the industry, and demonstrates the strength of the local market.”

“Shorecrest offers an extraordinary lifestyle in West Palm Beach that prioritizes both design and function, offering gracious living spaces, many with terraces featuring panoramic waterfront views,” said Bryan Cho, Executive Vice President of Related Companies. “Building on Related’s legacy of delivering best-in-class, luxury residential buildings, Shorecrest will deliver unprecedented amenities, services and access to West Palm Beach.”

“Shorecrest resides on a spectacular site in West Palm Beach. The building features a curvilinear façade with a dramatic mosaic design on the exterior. Inside, floor-to-ceiling windows emphasize panoramic views and large outdoor terraces bring the outdoors into each residence,” said Roger Ferris, Founding Principal of Roger Ferris + Partners.

Rottet Studios’ brilliantly designed interiors at Shorecrest are finished with extraordinary detail. Kitchens offer custom White Oak European millwork, a suite of top-of-the-line Gaggenau appliances, and finishes of Cote D’Vaniglia and Calacatta Fioritto marble. Primary bathrooms feature limestone flooring, Namibia White marble walls, custom vanities, freestanding soaking tubs, and shower stalls with rain shower, handheld spray, and showerhead. With ceiling heights of approximately 9’6” that extend to 11’6” at the Penthouse floor, all residences feature White Oak wood plank flooring and numerous technology and wellness aspects including Lutron home automation for lighting and thermostat controls, enhanced cell service and super-fast network speeds, and ducted fresh air with multiple filtration points, filtered water, and multi-zone climate control.

“Shorecrest balances the classic refinement of Palm Beach, along with the relaxed attitude of contemporary South Florida. The serene interiors are intentionally light-filled and grand, drawing the sunlight indoors. The careful attention to detail and sculpted proportion in every room creates a strong residential attitude, and sense of intimacy. The interior finishes are fresh and timelessly inspiring, drawing inspiration from the sandy beaches and expansive water views nearby,” said Lauren Rottet, Founder of Rottet Studio.

Residents will enjoy world-class amenities and white-glove services encompassing the best in fitness, leisure, and entertaining in meticulously designed spaces. The stunning 60-foot rooftop pool with a 50-foot sun shelf features lounging areas as well as a dining and grill area, both with dramatic views overlooking Lake Worth, Palm Beach Island, and the Atlantic Ocean. The Club Level on the sixth floor features entertaining options that span throughout a private dining room, cocktail lounge, cafe, screening room, game room, and virtual reality lounge. Wellness options include a spa suite, state-of-the-art fitness center, and yoga room. Options for remote work in both a coworking lounge and executive meeting space.

Shorecrest residents enter through a luxuriously landscaped motor court, greeted by a doorman and valet, and welcomed into the lobby lounge staffed by a 24-hour attendant and concierge. Shorecrest will be managed by Related Management, widely considered the leader in luxury residential property management and acclaimed for their high level of service and lifestyle programming.

Related Southeast has been deeply committed to improving the West Palm Beach community for the past 25 years, with the introduction of new luxury residential projects and significant commercial properties in West Palm Beach, including The Square, One Flagler, East and West Towers, 360 Rosemary, RH West Palm, and the Hilton West Palm Beach.

A sales gallery for Shorecrest is expected to open in February 2024 and will be located at 460 S. Rosemary Ave, Suite 180, West Palm Beach, FL 33401. Related Florida LLC and Corcoran Sunshine Marketing Group are exclusively handling sales and marketing for Shorecrest, where pricing will start at approximately $1.3 million for a one-bedroom to $9 million for a four-bedroom.

Renderings via The Boundary

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Related Companies Launches Sales For Robert A.M. Stern Architects-Designed 'South Flagler House' in West Palm Beach

Related Companies is set to launch sales for South Flagler House, an unparalleled luxury residential development located along the Gold Coast in West Palm Beach, featuring exquisite design and spectacular waterfront views. The first luxury residential high-rise in Florida designed by world-renowned architecture firm Robert A.M. Stern Architects (RAMSA), South Flagler House continues Related Companies’ longstanding partnership with the firm.

Related Companies is set to launch sales for South Flagler House, an unparalleled luxury residential development located along the Gold Coast in West Palm Beach, featuring exquisite design and spectacular waterfront views. The first luxury residential high-rise in Florida designed by world-renowned architecture firm Robert A.M. Stern Architects (RAMSA), South Flagler House continues Related Companies’ longstanding partnership with the firm, which spans more than two decades and 17 buildings across the country.

Located at 1355 South Flagler Drive, RAMSA’s architecture features two, 28-story towers rising from a base lined with stepped gardens. South Flagler House’s elegant design blends with the timeless character of Palm Beach, while celebrating a prime waterfront location just south of downtown West Palm Beach, providing permanent unobstructed views of the Intracoastal and Atlantic Ocean. The globally recognized firm, Pembrooke & Ives designed the interiors for the residences, which have been crafted with a meticulous eye for quality and detail.

South Flagler House includes two to five-bedroom homes priced from $5.9 million to $72.5 million. One of the country’s top agents, Suzanne Frisbie, of Frisbie Palm Beach, will lead sales for South Flagler House, along with Corcoran Sunshine Marketing Group.

“For 25 years, Related Companies has developed significant properties in West Palm Beach that have transformed the area into a major destination for some of the nation’s most prestigious companies. As our first luxury residential condominium in Florida, South Flagler House not only complements these achievements but elevates them with forward thinking design and a curated experience that only Related can offer,” said Stephen M. Ross, Chairman and Founder of Related Companies.

“South Flagler House is a masterpiece of timeless character and elegance that is destined to become the new benchmark all other luxury residential developments in West Palm Beach will be measured against,” said Kenneth A. Himmel, President and CEO of Related Urban. “Offering an uncompromising lifestyle in an enviable and premiere waterfront location, the building is an important new landmark and one of the most significant high-rises ever built in West Palm Beach and South Florida.”

“Related Companies is continuing two very important longstanding traditions with South Flagler House. The first is Related delivering luxury residential buildings that provide a best-in-class offering in the market. The second is our ongoing collaborative partnership with Robert A.M. Stern, which for more than two decades, has resulted in 17 buildings that have defined elegant and exceptional design,” said Bryan Cho, Executive Vice President of Related Companies.

South Flagler House will feature 108 homes including penthouses and guest suites. Each home is expansive in scale. Private elevator access opens up to stunning entryways and expansive great rooms. Homes feature high ceilings, thoughtfully designed bedroom suites with walk-in closets, large kitchens, and many feature additional family rooms, offices and guest rooms. Oversized windows showcase the spectacular views, and many residences feature large private outdoor spaces, including covered loggias and open terraces. South Flagler House also offers access to The Related Life, an impressive array of amenities, services and programming similar to those found at the most exclusive private members clubs around the world.

“Related Companies is bringing a new landmark to West Palm Beach's premium waterfront with the upcoming sales launch of South Flagler House, an iconic Robert A. M. Stern residential tower, poised to be one of the finest buildings in the world. This luxury property combines beautifully proportioned homes with expansive amenities and programming, affording condominium living previously unavailable in the Palm Beaches,” said Suzanne Frisbie.

South Flagler House offers an unprecedented range of amenities designed to help residents of all ages relax, train, socialize, entertain and play. Sports and Fitness amenities include a pickleball court, sports lounge, golf simulator, state-of-the-art fitness center, Pilates studio, golf simulator lounge, outdoor recreation lawn area, flexible fitness studio and outdoor lawn for high-intensity interval training and yoga. Swim and Spa amenities include a 25-meter lap pool with sun shelf, private cabanas, hot tub, salon and spas that feature vitality pools, ice plunges, steam, sauna, treatment rooms and changing/locker rooms.

Social and Entertaining amenities include indoor and outdoor lounges, event rooms with catering kitchen, indoor dining room, private dining rooms, cocktail lounge, outdoor dining patio, wine cellar dining room, library, media room, card game room, and games room which includes ping pong, billiards and foosball. Business amenities include a business center, private offices, conference rooms, outdoor meeting spaces and co-working spaces. Children’s recreation amenities include an indoor playroom, teens lounge with kitchenette, makerspace and outdoor sprinkler garden.

Residents enter South Flagler House through a tree-lined, 360-foot private driveway, which leads to a circular motor court with a stunning fountain at its center. Residents are greeted by both a doorman and valet, before entering a dramatically-scaled, light-filled lobby staffed by a 24-hour attendant and concierge.

Related Companies has a 25-year history of developing significant properties in West Palm Beach, beginning with CityPlace in 1999, which has recently been reimagined into The Square. Under the leadership of Stephen M. Ross and Kenneth A. Himmel, Related Companies’ West Palm Beach office has grown to nearly 100 professionals dedicated to the growth of the community. Executive Vice President Bryan Cho, who has led luxury residential developments across the country for Related, including 70 Vestry, The Century, 456 Washington and most recently, The Set and Coterie, has relocated to West Palm Beach and will oversee the development program at South Flagler House. Related Companies’ other West Palm Beach developments include One Flagler, East and West Towers, 360 Rosemary, RH West Palm and the Hilton West Palm Beach.

Demolition for South Flagler House is expected to start this month, and groundbreaking will commence in 2024.

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Swire Properties and Related Companies Commence Demolition On Future Site of One Brickell City Centre Supertall Office Tower

Swire Properties Inc. and Related Companies have commenced demolition on the site of the future One Brickell City Centre, an approximately 1,000-foot supertall tower that will be the tallest commercial building in Florida. On Thursday May 4 one of the buildings on the site was partially demolished with Miami Mayor Francis X. Suarez, Henry Bott, the President of Swire Properties and Stephen M. Ross, the Chairman and Founder of Related Companies in attendance.

Swire Properties Inc., the U.S. subsidiary of global developer Swire Properties Limited, and Related Companies, one of the most prominent privately-owned real estate firm in the United States, have officially commenced demolition on the site of the future One Brickell City Centre, an approximately 1,000-foot supertall tower that will be the tallest commercial building in Florida. Miami Mayor Francis X. Suarez, Henry Bott, the President of Swire Properties and Stephen M. Ross, the Chairman and Founder of Related Companies, were in attendance at the event today to celebrate moving forward with this premier office development that validates the tremendous strength of the Miami office market. As part of the program, one of the buildings currently on the site was partially demolished through a stunning display where multiple floors of glass and concrete were carved out of the structure.

One Brickell City Centre will feature 1.4 million total square feet of office space and the largest floorplates ever approved for a commercial office building by the City of Miami. Located in the heart of Miami’s financial district, at the corner of Brickell Avenue and SE 8th Street, it will overlook the Miami skyline offering 360-degree views of Biscayne Bay, Miami River, and Downtown Miami. One Brickell City Centre is the second phase of Brickell City Centre, a $1.05-billion, 4.9-million-square-foot, mixed‐use development that opened in 2016 and was developed by Swire Properties.

“This will be an iconic building that will reshape the Miami skyline, the third-largest skyline in America. It will attract the world’s best talent to Miami. Thank you to Related and Swire, who have doubled down with confidence in the future of our city,” said Miami Mayor Francis X. Suarez.

“One Brickell City Centre is a transformative development that sets the standard for the future of office buildings and showcases to the world’s leading companies that Miami is the new destination to call home. Swire Properties and Related Companies take great pride in collaborating on a truly innovative office development that features thoughtful design, cutting-edge technology and amenities and features that aren't available elsewhere in Miami’s office market,” said Henry Bott, President of Swire Properties Inc.

“Today marks an inflection point in the Miami office market as the workplace of yesterday is torn down to make way for future,” said Stephen M. Ross, Chairman and Founder of Related Companies. “One Brickell City Center combines the best-practices of luxury hospitality and wellness projects with the latest workplace insights to create the flexible, amenity-driven, lifestyle workspace that leading companies, many of them already Related tenants in other markets, are increasingly looking for to fuel collaboration, engagement and retention of top talent.”

Internationally renowned architecture firm Arquitectonica designed the building with the office of the future in mind, with features and amenities ideal for tenants in Miami’s fastest growing sectors including financial services and technology. One Brickell City Centre features thoughtfully envisioned and spacious floor plans, outdoor terraces on nearly every floor, column free interiors, numerous indoor/outdoor spaces for meetings and gatherings, and state-of-the-art technology features to meet the needs of the most discerning office tenants.

One Brickell City Centre marks the first time Swire Properties has collaborated with Related Companies. Both companies share a vision for creating vibrant neighborhoods that change the urban landscape with innovative developments that positively impact communities for generations to come.

Related Companies has extensive experience in Florida and has redeveloped Downtown West Palm into one of the nation’s fastest growing commercial, retail, culinary, art and tourism destinations. Related Southeast leads the market in Class AA office with 360 Rosemary, CityPlace Tower, Esperanté, Phillips Point and the forthcoming 1 Flagler, as well as the celebrated destinations of Rosemary Square, Hilton West Palm Beach, and RH West Palm. Swire Properties has spearheaded the transformation of Miami as well as Brickell’s history and skyline by instilling its core values of quality, integrity, originality and long-term focus to each of its developments, which include Brickell City Centre, the Mandarin Oriental Hotel, EAST Miami hotel and restaurants, as well as the entire island community of Brickell Key.

One Brickell City Centre is situated at the entrance to Brickell City Centre, which is LEED Gold Certified and includes: 500,000 square feet of shopping, culinary and entertainment offerings; the 352 key EAST Miami hotel; the condominium towers Reach & Rise; two additional office towers providing 260,000 square feet of space; the $30 million Climate Ribbon, which promotes sustainability through water conservation and energy efficiency; and a 2,600-space underground parking garage. It can be accessed directly from the I-95 at SW 8th and is in close proximity to many city transit options.

Other supertalls coming to Miami include Waldorf Astoria Hotel & Residences Miami which was recently issued the first vertical construction permit for a supertall in Florida. The tower is nearly sold-out and is being developed by PMG and Grey brook Realty Partners, Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT). Another is 888 Brickell, a luxury condo tower at 888 Brickell Avenue being developed by JDS Development which was previously branded as MAJOR in partnership with Major Food Group. Most recently billionaire hedge fund magnate Ken Griffin and his firm Citadel are planning a supertall bayfront mixed use office tower at 1201 Brickell Bay. Related Companies has also been quite active in the Palm Beach office market.

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Renderings of Related Companies Frank Gehry-Designed Redevelopment Of The Deauville Miami Beach

Related Companies, led by the billionaire owner of the Miami Dolphins Stephen Ross, has revealed the first renderings of the Frank Gehry-designed two tower project proposed to replace the Deauville Beach Resort in Miami Beach at 601 Collins Avenue. The two towers would feature 125 residential units and 175 hotel units with the tallest tower rising 373’. Initial plans point towards an Equinox-branded project.

Related Companies, led by the billionaire owner of the Miami Dolphins Stephen Ross, has revealed the first renderings of the Frank Gehry-designed two tower project proposed to replace the Deauville Beach Resort in Miami Beach at 6701 Collins Avenue. The two towers would feature 125 residential units and 175 hotel units with the tallest tower rising 373’. Initial plans point towards an Equinox-branded project. Related Companies owns both fitness and lifestyle brand Equinox and developed the Equinox Hotel in New York City’s Hudson Yards. On November 8 a voter referendum will decide if the developers can proceed with an increased density on the site. The proposed project has already successfully received a zoning amendment in before the Miami Beach Commission voted in favor of placing the referendum on the November 8 ballot.

The existing historic Deauville Beach Resort was designed by Melvin Grossman and was where the Beatles had their second performance in the United States on February 6, 1964. The 540-room hotel was built in 1957 but ownership in recent years has left the structure fall into a decrepit, uninhabitable state and has been declared an unsafe structure.

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Related Companies Acquires 50% Interest In Esperanté Corporate Center In West Palm Beach

The NYC-based Related Companies, led by Miami Dolphins owner Stephen Ross, has added to their West Palm Beach office portfolio after partnering into the Esperanté Corporate Center. Related Companies acquired a 50% stake in the office tower from the New York-based RedSky Capital.

The NYC-based Related Companies, led by Miami Dolphins owner Stephen Ross, has added to their West Palm Beach office portfolio after partnering into the Esperanté Corporate Center. Related Companies acquired a 50% stake in the office tower from the New York-based RedSky Capital, the London-based JZ Capital Partners owns the remaining 50%. The property was roughly 80% leased at the time of closing. The Red Sky Capital and JZ Capital Partners joint venture initially acquired the property in 2016 for $125.75 million.

The Esperanté Corporate Center spans 256,100 SF of Class A office space on a 2.1-acre site at 222 Lakeview Ave. in Downtown West Palm Beach. The property was initially developed in 1989. Tenants include Merrill Lynch, Bank of America and Raymond James. The vacant suites are being marketed by Tower Commercial Real Estate.

Related Companies is the largest Class A office owner in Downtown West Palm Beach. In January 2021 Related Companies acquired the Phillips Point office complex in West Palm Beach for roughly $282 million and in May 2021 acquired CityPlace Tower for $174 million. Related Companies is also developing the 360 Rosemary office tower and has approvals to break ground on another waterfront office tower, One Flagler, which is expected to break ground in October.

Images via Tower Commercial Real Estate

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Related Companies Adds To West Palm Beach Office Portfolio With Acquisition of CityPlace Tower For $175 Million

The NYC-based Related Companies, led by Miami Dolphins owner Stephen Ross, has added to their West Palm Beach office portfolio with the acquisition of CityPlace Tower for $174 million, $577 PSF. The seller was the publicly traded W.R. Berkley Corp. (NYSE: WRB).

The NYC-based Related Companies, led by Miami Dolphins owner Stephen Ross, has added to their West Palm Beach office portfolio with the acquisition of CityPlace Tower for $174 million, $577 PSF. The seller was the publicly traded W.R. Berkley Corp. (NYSE: WRB) who initially acquired the property in 2014 for $150 million. CityPlace Tower was developed by Related Companies in 2008 before they sold it in 2011 for $126.5 million. The Class-A office building is located at 525 Okeechobee Blvd. and rises 18-stories spanning 303,519 SF.

Tenants at CityPlace Tower include Shutts & Bowen, Greenspoon Marder LLP, Marcum LLP, Cleveland Clinic and Carlton Fields. Asking rents range from $51 to $55 SF.

In January 2021 Related Companies acquired the Phillips Point office complex in West Palm Beach for roughly $282 million and is building another office tower, 360 Rosemary. Following the acquisition of CityPlace Tower Related Companies is now the largest Class A office owner in Downtown West Palm beach.

Image via Mc Gowan Builders

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Related Companies To Acquire The Phillips Point Office Complex In West Palm Beach

The New York-based Related Companies, led by Stephen Ross, is under contract to acquire the Phillips Point office complex in West Palm Beach for roughly $282 million. The seller, AEW Capital Management, acquired the property for $245 million in 2015. Related Companies will oversee asset management and leasing.

The New York-based Related Companies, led by Stephen Ross, is under contract to acquire the Phillips Point office complex in West Palm Beach for roughly $282 million. The seller, AEW Capital Management, acquired the property for $245 million in 2015. Related Companies will oversee asset management and leasing.

Phillips Point is located at 777 South Flagler Drive, at the foot of the Royal Palm Bridge, and was developed in 1985. The twin-tower Class A office complex has a tenant list that includes top financial firms Goldman Sachs and Morgan Stanley as well as law firms Greenberg Traurig, Gunster and Akerman. The transaction comes at a time when a number of financial firms are moving from high tax northern states to Florida.

Stephen Ross and Related Companies are no stranger to West Palm Beach, having developed Rosemary Square, previously called CityPlace, a mixed-use project with dining, shopping and residential components. Related Companies is also planning to break ground on One Flagler, a 270,000 square foot, 25-story office tower in on Flagler Drive and OkeeChobee Blvd. in West Palm Beach. Stephen Ross also owns the Miami Dolphins.

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Miami May Become Part Of The NFL's 5-City Super Bowl Rotation Starting in 2020

Miami may become part of a proposed 5-city rotation to host the Super Bowl, a cycle of which the 2020 Super Bowl LIV in Miami would kick off. The event would take place in the city every 5 years, cycling through Las Vegas, Las Angeles, either Arizona or New Orleans, and a wild card city. Super Bowl LIV in 2020 will take place during the NFL's 100 year anniversary.

Miami may become part of a proposed 5-city rotation to host the Super Bowl, a cycle of which the 2020 Super Bowl LIV in Miami would kick off. The event would take place in the city every 5 years, cycling through Las Vegas, Las Angeles, either Arizona or New Orleans, and a wild card city. Super Bowl LIV in 2020 will take place during the NFL's 100 year anniversary. The city of Miami will be completely transformed with programming that engages all of Downtown's waterfront from the Pérez Art Museum Miami, Bayfront Park, American Airlines Arena and Bayside to the Intercontinental Hotel. The 2020 Super Bowl Host Committee anticipates over 50,000 people who do not attend the game will come to Downtown to celebrate and take part of the festivities. The host city celebration will take place in Miami-Dade as opposed to Miami-Dade, Broward and Palm Beach County, as was the case with past South Florida hosted Super Bowls. This was part of a concession by the city in an agreement with Stephen Ross, owner of the Miami Dolphins, who spearheaded the renovation of Hard Rock Stadium. 

Check out the video of Downtown Miami's transformation for 2020 Super Bowl LIV:

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