Related Ross announced on Mar. 17 the launch of sales for Edgeworth, its third planned condominium high-rise in West Palm Beach. The project will be located at 1155 South Flagler Drive, which is currently the site of West Palm Beach’s Family Church campus.
The new development will consist of two buildings rising 28 stories and offering a total of 168 units, including nine penthouses. Units will range from one to five bedrooms, with prices starting at $2.5 million and reaching up to $35.5 million. The complex is set to feature 90,000 square feet of amenities, such as a pool deck.
Adam McPherson from Related Ross and Corcoran Sunshine Marketing Group will lead the sales efforts for Edgeworth. Corcoran Sunshine is also handling sales and marketing for South Flagler House and Shorecrest, which are Related Ross’ other condominium projects in the city.
Kohn Pedersen Fox, the architecture firm known for designing Hudson Yards, has been selected to design the towers. Interior design will be managed by MAWD. Plans also include a new school and sanctuary for Family Church on the same site, designed by Kohn Pedersen Fox.
South Flagler House has reportedly achieved more than $500 million in pre-sales during the first quarter of this year. In June, Steve Ross secured a $600 million construction loan for that project, and reports surfaced in January that former Apple CEO John Sculley was under contract to purchase a $40 million unit there.
Last month, Ross obtained a $157 million construction loan for Shorecrest, another planned 28-story tower with 98 units on the former site of Temple Israel in West Palm Beach.
Market observers say this season has been active for new developments in West Palm Beach. Other projects include Mast Capital and Curated JCZM Development’s planned 25-story building with 86 units at 400 Hibiscus Street featuring a private club, as well as Great Gulf’s Mandarin Oriental Residences—a recently launched sales effort for an upcoming 31-story tower with 87 units.
