Downtown West Palm's Luxury Arms Race Adds a Banyan Tree
The 25-story, Koolhaas-designed tower just won unanimous city approval as the Singapore brand's first US residences. Condos start around $1.9 million, one block from CityPlace.
Key Takeaways
- West Palm Beach's Downtown Action Committee gave unanimous approval to Banyan Tree Residences, a 25-story, 88-unit condo tower at 400 Hibiscus Street.
- It will be the Singapore-based Banyan Tree brand's first residential project in the United States, designed by Rem Koolhaas's firm OMA.
- Priced from about $1.9 million and packed with wellness amenities, it joins a wave of branded luxury towers reshaping downtown.
Downtown West Palm Beach keeps stacking up luxury towers, and the newest one carries a name most Americans have never seen on a condo.…
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