Stephen Ross just announced his third high-rise residential project in West Palm Beach. It includes the highest penthouse price the city has ever seen.
Key Takeaways
- Edgeworth will deliver 168 residences across two 28-story towers, with prices from $2.5 million to $35.5 million.
- Related Ross's nearby South Flagler House generated over $500 million in pre-construction sales in Q1 2026.
- Construction is scheduled to begin in 2027 with completion targeted for 2029.
Related Ross just launched sales for Edgeworth, two 28-story towers on the South Flagler waterfront in West Palm Beach. Kohn Pedersen Fox is handling architecture, March and White Design is leading interiors, and Corcoran Sunshine Marketing Group is managing sales.
The project arrives on the heels of South Flagler House's record-breaking pre-sales performance. It signals that Related Ross is not done building in this city.
What does Edgeworth actually include?
Every residence comes with a private elevator, floor-to-ceiling windows, and an expansive terrace with waterfront views. Unit configurations run from one to five bedrooms, covering single buyers, couples, and families looking for a full-time residence or a second home along the South Flagler corridor.
Amenities: Edgeworth will offer over 90,000 square feet of shared amenities, which Related Ross describes as one of the largest residential amenity collections in West Palm Beach's history. The centerpiece is a resort-style pool deck built around health and wellness programming.
Interior design: March and White Design brings a "24/7 living" philosophy to the residences, using natural materials that shift in character from morning to evening. The firm focused on non-toxic "Red List-free" finishes throughout the building.
Architecture: Kohn Pedersen Fox designed the two towers with sculptural curves and a direct physical connection to the water, using a Riviera-inspired aesthetic.
Thinking about buying near the South Flagler corridor? Talk to a West Palm Beach real estate agent who follows new construction sales and understands how each tower launch affects pricing in the surrounding area. Reach out to The Mastropieri Group or call (561) 556-9853.
Why is Related Ross launching Edgeworth now?
South Flagler House proved the market can absorb this price point. The firm's adjacent project generated over $500 million in pre-construction sales in Q1 2026 alone, per the developer. Edgeworth is positioned as the next entry point for buyers who either missed that window or want a more amenity-driven environment.
The broader context is Related Ross' larger thesis on West Palm Beach. The firm has committed over $10 billion to the city's downtown and South Flagler waterfront. That portfolio already includes more than 2.8 million square feet of Class A commercial space: CityPlace, One Flagler, CityPlace Tower, Esperanté Corporate Center, and Phillips Point. Edgeworth is the residential layer on top of an ecosystem that the firm has been building for years.
Related Ross is also simultaneously developing Sapodilla at 209 N. Sapodilla Ave., a 164-unit mixed-income project with 66 units reserved for existing low-income residents of Ballet Village. We covered Related Ross's acquisition of The Ben hotel and their broader workforce housing investments in earlier reporting. For a firm selling penthouses at $35.5 million, that parallel commitment to affordable housing signals something beyond a short-term play on luxury demand.
What does Edgeworth mean for buyers and owners near South Flagler?
For existing owners: The $35.5 million penthouse ceiling is the highest residential price point West Palm Beach has seen. Every time a market sets a new record, it raises the floor for everything below it. Owners along the South Flagler corridor and in surrounding neighborhoods should expect that upward pressure to filter through over time.
For buyers evaluating the market: The pre-sales momentum at South Flagler House shows that high-net-worth purchasers are not treating West Palm Beach as a secondary market. Goldman Sachs, BlackRock, Wells Fargo, Elliott Management, and Millennium Management have all established or expanded operations here. Wells Fargo relocated its Wealth and Investment Management headquarters to the city in January 2026. That kind of employer concentration generates a local buyer pool that can support a product at this price point without depending on out-of-market investors.
For investors watching Palm Beach County: Edgeworth is another data point in a sustained pattern. Related Ross was already here with commercial assets before the "Wall Street South" narrative gained traction. The firm is now layering residential on top of the infrastructure it spent years putting in place. We've seen similar institutional conviction in the Northwood corridor and with Stephen Ross's Wellington development.
As Larry Mastropieri explained on the Discover South Florida Podcast: "This is prime real estate. Some people think it's excessive to spend $35 million on a penthouse in West Palm Beach when you could get one in Miami for that money. But they don't realize that WPB is a major city now, and it's not as saturated as Miami. There's a real lifestyle choice when you relocate to South Florida. And being part of the next $10 billion they're investing here will raise all ships."
FAQs about Edgeworth in West Palm Beach
Where is Edgeworth located?
Edgeworth is being developed at 1155 South Flagler Drive in West Palm Beach. The address places it directly on the South Flagler waterfront corridor, where Related Ross has concentrated the majority of its investment, near South Flagler House and within walking distance of CityPlace and One Flagler.
How many units are available and what do they cost?
Edgeworth will have 168 total residences across the two towers, including nine penthouses. Prices start at $2.5 million for one-bedroom units and reach $35.5 million for the top penthouse. Corcoran Sunshine Marketing Group is handling sales.
When will Edgeworth be completed?
Related Ross has set a construction start date of 2027 with a two-year build timeline, targeting a 2029 delivery. Pre-construction buyers typically close at completion, so buyers entering now would be looking at a roughly three-year window before taking possession.
How does Edgeworth compare to South Flagler House?
South Flagler House is Related Ross's immediately adjacent project and generated over $500 million in pre-construction sales in Q1 2026. Edgeworth is positioned as the amenity-forward complement, leading with its 90,000-plus square feet of wellness and recreational programming.
Is Related Ross doing anything besides luxury construction in West Palm Beach?
Yes. Related Ross is simultaneously developing Sapodilla, a 164-unit mixed-income project with 66 units reserved for low-income residents. The firm's total West Palm Beach commitment spans commercial, luxury residential, and affordable housing, adding up to over $10 billion in announced investment.
Local help for buyers in West Palm Beach
If you're buying, selling, or investing in West Palm Beach, Palm Beach, or anywhere in Palm Beach County, understanding how large-scale developments like Edgeworth affect pricing matters. Reach out to The Mastropieri Group, Realtors®.
For practical, hands-on support across West Palm Beach, call (561) 556-9853.
Posted by Larry Mastropieri
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