Developers of the Bristol, a planned luxury condominium in West Palm Beach, kicked off the season for the Palm Beach Hedge Fund Association at the Norton Museum of Art recently.
More than 100 hedge fund investors and managers attended the event, which included an unveiling of new renderings of the Bristol.
The 25-story condo project is slated to break ground at 1100 South Flagler Drive in January, according to a press release. Asking prices start at $5 million, though the average price of the 69 units is $7.8 million.
Flagler Investors is a three-way partnership between local and out-of-own investors and developers. Its principals are Golub & Company LLC, Commercial Financial Management and Elion Partners. Flagler paid $21 million for the Bristol development site in July 2014. – Katherine Kallergis and Sean Stewart-Muniz