Real EstateNew Construction

Edgeworth: A New Ultra-Luxury Condo Project in West Palm Beach

3 months agoUS
Edgeworth: A New Ultra-Luxury Condo Project in West Palm BeachSource: robbreport.com
Billionaire developer Stephen Ross is expanding his footprint in West Palm Beach with Edgeworth, a new ultra-luxury condo project. Following the success of South Flagler House, this development aims to capitalize on the city's booming waterfront and increasing demand for luxury residences. Compiled by Yanuki using the latest trends and data, this article explores what Edgeworth has to offer.

Key Insights

Prime Location:: Edgeworth is situated on South Flagler Drive, one of West Palm Beach's fastest-growing luxury corridors.

Luxury Amenities:: The development will feature over 90,000 square feet of amenities focused on wellness and lifestyle.

Designed by Top Firms:: Kohn Pedersen Fox, who also designed Hudson Yards, is responsible for the architecture, while March and White Design (MAWD) is handling the interiors.

Market Demand:: The project arrives as West Palm Beach undergoes a dramatic transformation, attracting financial firms and driving up luxury housing prices. Why does this matter? This influx solidifies West Palm Beach as 'Wall Street South,' increasing demand for high-end real estate.

In-Depth Analysis

Edgeworth will consist of two curved 28-story towers comprising 168 residences, including nine penthouses. Units will range from one to five bedrooms, each designed to capture views of the Intracoastal Waterway and the Atlantic Ocean. Expansive terraces will offer seamless indoor-outdoor living.

The interiors will embrace a soft, Riviera-inspired aesthetic. Prices start at $2.5 million, with larger residences climbing far higher. Construction is slated to begin next year, with completion projected for 2029.

West Palm Beach is experiencing a surge in luxury housing demand, with prices up more than 187 percent over the past decade. Edgeworth's pre-sale pricing reflects this shift, with units at South Flagler House trading for approximately $6,000 per square foot.

The development also includes plans for a new school and sanctuary for Family Church, designed by Kohn Pedersen Fox.

FAQs

Q: Where is Edgeworth located?

Edgeworth is located on South Flagler Drive in West Palm Beach.

Q: Who are the designers behind Edgeworth?

Kohn Pedersen Fox is responsible for the architecture, and March and White Design (MAWD) is handling the interiors.

Q: What is the price range for units at Edgeworth?

Prices range from $2.5 million to $35.5 million.

Key Takeaways

Edgeworth represents a significant addition to West Palm Beach's luxury real estate market. Key takeaways include:

Luxury Living:: High-end amenities and waterfront views offer a premium living experience.

Investment Opportunity:: The booming West Palm Beach market presents a strong investment opportunity.

Economic Growth:: The influx of financial firms is driving demand for luxury housing.

Discussion

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