Luxury apartments, new retail planned for Related’s CityPlace West Palm Beach

Changes include 350 apartments, new office building and hotel expansion

Miami /
Dec.December 12, 2017 05:15 PM

Stephen Ross, rendering of CityPlace West Palm Beach (Credit: Getty Images, Related Cos.)

The Related Companies is proposing a major revamp of its CityPlace West Palm Beach.

The New York development firm led by billionaire Stephen Ross plans to knock down the former Macy’s building and replace it with 350 luxury apartments, retail and restaurants, Related Urban President and CEO Kenneth Himmel said at a Palm Beach Chamber of Commerce event on Tuesday.

Related is also planning to construct a 255,000-square-foot office building on a parking lot near the Brightline station in West Palm, according to the South Florida Business Journal. It would rise between 15 and 18 stories.

City approval is required for the proposal to move forward. Related, which recently completed a new Restoration Hardware furniture store featuring a rooftop and restaurant space, also plans to convert the AMC CityPlace 20 into a luxury movie theater. Additionally, the developer may expand on its Hilton West Palm Beach that opened nearly two years ago.

Mall owners and developers across the country are grappling with how to attract tenants as retailers struggle to stay open. In South Miami, the owners of the Shops at Sunset Place proposed a similar redevelopment that would add apartments and a new retail/restaurant space. [SFBJ] – Katherine Kallergis


Related Articles

arrow_forward_ios
From left: BlackRock's Larry Fink and Related Companies' Stephen Ross in front of 360 South Rosemary Avenue in West Palm Beach (Getty Images, LoopNet)
BlackRock lands in West Palm Beach
BlackRock lands in West Palm Beach
From left: One Flagler in West Palm Beach, 830 Brickell in Brickell, and Eighteen Sunset in Miami Beach (Getty, Related Southeast, LoopNet, Koniver Stern Group)
Spurred by new-to-market firms, South Florida office rents hit record highs
Spurred by new-to-market firms, South Florida office rents hit record highs
Stephen Ross, Mayor Dan Gelber and Frank Gehry with rendering of redevelop oceanfront Deauville project (Getty, Dan Gelber)
Steve Ross’ plan to redevelop oceanfront Deauville into Frank Gehry-designed project heads to Miami Beach voters
Steve Ross’ plan to redevelop oceanfront Deauville into Frank Gehry-designed project heads to Miami Beach voters
A rendering of One Flagler in downtown West Palm Beach and River Landing Shops & Residences in Miami with Related Companies Stephen Ross and Andy Hellinger and Coralee Penabad of Urban-X Group, developer of River Landing. (Related Companies, RL Miami)
Lease roundup: Stephen Ross’ downtown West Palm project scores financial firm tenants
Lease roundup: Stephen Ross’ downtown West Palm project scores financial firm tenants
The existing Deauville Beach Resort with a model of the proposed project with Related's Stephen Ross and Akerman's Neisen Kasdin (Google Maps, Getty, Akerman, City of Miami Beach)
Miami Beach commission to soon determine fate of Steve Ross’ plan to develop Deauville site into two-tower Equinox project
Miami Beach commission to soon determine fate of Steve Ross’ plan to develop Deauville site into two-tower Equinox project
Steven Ross with the Deauville resort (Getty, Google Maps)
Steve Ross’ plan to redevelop historic Deauville resort in Miami Beach advances
Steve Ross’ plan to redevelop historic Deauville resort in Miami Beach advances
Related's Stephen Ross, Swire's Kieran Bowers and a rendering of One Brickell City Centre (Getty, Swire Properties)
Swire, Stephen Ross’ Related plan Florida’s tallest commercial tower in Miami’s Brickell
Swire, Stephen Ross’ Related plan Florida’s tallest commercial tower in Miami’s Brickell
Hollywood Locations' Christopher Ursitti and 1400 Northwest 31st Avenue (Hollywood Locations, Google Maps)
Movie studio complex may rise on former incinerator site in Fort Lauderdale
Movie studio complex may rise on former incinerator site in Fort Lauderdale
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...