Related Ross is launching sales for Edgeworth, its third planned condo highrise in West Palm Beach.
The developer, led by billionaire chairman and CEO Steve Ross, is planning the two-building complex at 1155 South Flagler Drive, the site of West Palm Beach’s Family Church campus, according to a news release.
The development will rise 28 stories and have 168 units, including nine penthouses, the release shows. Units will have between one and five bedrooms. Prices range from $2.5 million to $35.5 million. The complex will include 90,000 square feet of amenities, including a pool deck.
Related Ross’ Adam McPherson and Corcoran Sunshine Marketing Group will lead sales. Corcoran Sunshine is also working on sales and marketing for South Flagler House and Shorecrest, Related Ross’ two other condo projects in the city.
The developer tapped Kohn Pedersen Fox, the architecture firm that also designed Hudson Yards, to design the towers, with interiors by MAWD.
The plans for Edgeworth include a new school and sanctuary for Family Church, also designed by Kohn Pedersen Fox, the release shows.
South Flagler House, the most expensive new development condo on the market in West Palm Beach, has seen more than $500 million in pre-sales in the first quarter of this year, according to the release. Ross scored a $600 million construction loan for the project in June, and reports emerged in January that former Apple CEO John Sculley was in contract to buy a $40 million unit in the project.
Ross landed a $157 million construction loan last month for Shorecrest, the 28-story, 98-unit tower planned for the former site of West Palm Beach’s Temple Israel.
Market insiders say West Palm Beach’s sales season has been busy for its new development pipeline. Edgeworth is not the only new entrant this season.
Mast Capital and Curated JCZM Development are planning a 25-story, 86-unit project at 400 Hibiscus Street that includes a private club. In February, Toronto-based developer Great Gulf launched sales for the Mandarin Oriental Residences, West Palm Beach, a 31-story, 87-unit tower in the city’s north end.