Experience Unrivaled Waterfront Grandeur at Edgeworth: Redefining West Palm Beach Luxury
A Visionary's Bet on West Palm Beach's Ascendance
Renowned developer Stephen Ross has strategically invested in West Palm Beach, anticipating a migration of affluent Palm Beach residents to the mainland. This foresight has proven successful, with significant interest and pre-sales reinforcing his vision for the region as a burgeoning luxury real estate market.
Introducing Edgeworth: The Pinnacle of Waterfront Elegance
Building on the success of South Flagler House, Related Ross is launching Edgeworth, an exquisite waterfront project located on South Flagler Drive, a prime luxury corridor. This development will feature two gracefully curved 28-story towers, showcasing architectural brilliance by Kohn Pedersen Fox and sophisticated interiors by March and White Design (MAWD).
Residences Designed for Discerning Lifestyles
Edgeworth offers 168 exclusive residences, ranging from spacious one- to five-bedroom layouts, complemented by nine luxurious penthouses. Each home is meticulously designed to offer panoramic views of the Intracoastal Waterway and the Atlantic Ocean, with expansive terraces blurring the lines between indoor and outdoor living. The interiors exude a refined, Riviera-inspired aesthetic, while a sprawling 90,000 square feet of amenities are dedicated to enhancing residents' wellness and lifestyle.
Meeting the Soaring Demand for Waterfront Luxury
Bryan Cho, Executive Vice President of Development at Related Ross, emphasizes that Edgeworth is the next step in their vision for the West Palm Beach waterfront. He notes the sustained high demand for well-designed waterfront properties, particularly following the successful momentum generated by their previous projects in the area.
West Palm Beach: A Thriving Hub of Financial Power and Luxury
West Palm Beach is currently experiencing a dramatic transformation, solidified by the establishment of over 250 financial firms since 2020. This influx of hedge funds, private equity firms, and their executives has cemented the city's reputation as "Wall Street South," leading to a significant surge in luxury housing prices—an increase of over 187 percent in the last decade—and an urgent need for new, high-end waterfront condominiums.
Edgeworth's Market Position and Future Outlook
Edgeworth is strategically positioned within this evolving landscape, with prices for residences starting at $2.5 million, and larger units commanding significantly higher figures. Construction is slated to commence next year, with an anticipated completion in 2029. The pre-sale pricing for Edgeworth underscores the rapid ascent of the West Palm Beach market into ultra-luxury territory. Properties at South Flagler House, for instance, have commanded prices around $6,000 per square foot, a valuation previously unimaginable in the area. This waterfront building recently achieved remarkable penthouse sales totaling nearly $70 million, including a reported $40 million acquisition by former Apple CEO John Sculley, making it the first condominium development in West Palm Beach to surpass $1 billion in total sale