Related Ross is set to unveil Edgeworth, a significant luxury condominium project poised to become a landmark on West Palm Beach’s increasingly exclusive waterfront. This development marks one of the last major opportunities for new luxury residences in the area, promising unparalleled amenities and sophisticated design.
Key Takeaways
- Edgeworth will feature 168 residences across two 28-story towers with over 90,000 square feet of indoor and outdoor amenities.
- Groundbreaking is anticipated next year, with completion scheduled for 2029, and prices starting at $2.5 million.
- The project builds on Related Ross’s success with previous West Palm Beach waterfront developments like South Flagler House and Shorecrest.
A Coveted Waterfront Opportunity
In a prime West Palm Beach location at 1155 S. Flagler Drive, Edgeworth is emerging as a significant luxury condominium development. With development opportunities becoming scarce along the waterfront, this project represents a final major offering for discerning buyers. Related Ross, a division of Related Cos. led by Stephen Ross, plans to develop 1.4 million square feet of condominiums throughout the city.
Market Confidence and Buyer Diversity
Executive Vice President of Development Bryan Cho highlighted the strong market signals driving Edgeworth forward. The company recently achieved over $1 billion in luxury condominium sales on the West Palm Beach waterfront, fueled by robust demand for amenity-rich, water-facing residences. This success prompted an earlier launch for Edgeworth than initially planned. Notably, reservations have been strong even without advertising, attracting a geographically diverse buyer base from across the country, extending beyond traditional feeder markets like New York and Boston.
Design and Unit Mix
Drawing insights from the South Flagler House project, which focused on larger residences, Edgeworth aims for greater unit-mix diversity. The development will offer 168 residences, including two- and three-bedroom waterfront homes ranging from 1,600 to 2,300 square feet, alongside larger four-bedroom units and exclusive penthouses. Kohn Pedersen Fox is designing the towers with a contemporary yet warm aesthetic, featuring curvaceous lines and bronze accents, while MAWD is responsible for the interiors, which will showcase modern design with natural color palettes.
Amenity-Rich Living
Edgeworth’s amenity program, spanning over 90,000 square feet, is designed to support an active lifestyle with a strong emphasis on health, wellness, sports, and recreation. The extensive offerings are tailored to resident needs, promising a resort-like experience. The project will also include a motor court connecting the two residential towers, large terraces, and floor-to-ceiling windows offering stunning ocean and intracoastal views.
Shaping a Premier Corridor
Related Ross views its role in developing South Flagler Drive as both a privilege and a responsibility. The company aims to enhance the corridor’s allure through thoughtful architecture, public art, green spaces, and esplanades. Edgeworth is positioned as the "capstone" of this highly sought-after neighborhood, which has transformed into a desirable destination for full-time residents seeking quality of life, business opportunities, and a vibrant community.
The Future of Luxury Development
As West Palm Beach attracts a growing number of primary residents, including professionals and families, the demand for walkable neighborhoods with luxurious, year-round homes is increasing. Edgeworth and future developments will need to cater to this evolving market, offering sophisticated living experiences embedded within dynamic urban environments.