A New Icon of Waterfront Elegance
Prepare to discover The Ritz‑Carlton Residences, West Palm Beach—a boutique 27-story tower rising gracefully on Flagler Drive, crafted by Arquitectonica and envisioned with interiors by Rockwell Group. Nestled at 1717 N. Flagler Drive, each residence promises sweeping views of the Intracoastal, Palm Beach Island, and the Atlantic Ocean, reflecting both architectural brilliance and coastal serenity.
Architectural & Design Mastery
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Developers: A collaboration between the highly regarded Related Group and BH Group, known for setting South Florida’s luxury bar high.
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Architecture: Conceived by dynamic Arquitectonica, the structure showcases a graceful glass façade with sculpted, curved edges that reflect the building’s shoreline context.
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Interior Design: Crafted by Rockwell Group, led by David Rockwell, Shawn Sullivan, and Greg Keffer, interiors are inspired by natural coastal beauty—think serene palette echoes of turquoise waters and limestone textures—embodying refined elegance and a warm, organic aesthetic.
Residences—Scale & Sophistication
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Number of Units: A boutique collection ranging between 138 and 144 residences, depending on source—both figures reflect a highly limited offering.
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Size Range: Residences span from about 1,400 to 3,331 ft², typically between 1,500 to 3,300 ft² according to alternate figures—generous layouts built for comfort and style.
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Stories: The tower rises approximately 26 to 27 stories, defining a tailored skyline presence.
Signature Lifestyle & Amenities
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Waterfront Views: Every residence faces east, granting sweeping, unobstructed panoramas of the Atlantic Ocean and Intracoastal Waterway—a daily invitation to serenity.
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Ritz-Carlton Service: Owners enjoy luxury hospitality with 24-hour concierge, valet, and loss prevention services—standards of indulgence synonymous with the brand.
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World-Class Amenities:
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Spa with treatment rooms, steam rooms, and saunas
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Expansive pool deck with dedicated attendants and F&B service
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Fitness and wellness studio
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Virtual reality golf simulator with outdoor terrace
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Lounge spaces, conference room, children’s playroom, adult game room, guest suites
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Art & Culture: Common spaces are adorned with museum-quality artwork from the Jorge M. Pérez Contemporary Art Collection—a cultural flourish enriching every corridor.
https://calendly.com/kate-roundtable/ritz-carlton-residences-wpb
Logistics & Launch Details
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Address: 1717 N. Flagler Drive, West Palm Beach—a prime waterfront position moments from Palm Beach’s dining, galleries, culture, and boutiques.
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Pricing & Sales: Residences start at approximately $2.5 million to $3 million, with pricing subject to change.
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Completion Timeline & Financing: Estimated completion is around 2028, with a staged deposit structure:
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20% at contract, 10% at groundbreaking, 10% at top-off, 60% at closing.
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A Narrative of Prestige
This project weaves the lofty credibility of The Ritz-Carlton with Related Group’s regional expertise and Arquitectonica’s bold forms—anchored by Rockwell Group’s sensory-rich interiors. The result is not just residences, but a living curation of luxury, culture, and architectural elegance—set to redefine waterfront living in West Palm Beach.
Project Vision & Development Team
Isaac Toledano, founder of BH Group, has publicly highlighted the tremendous growth and ongoing momentum of the West Palm Beach market, stating that "momentum is only just getting underway". This strong endorsement from a key developer underscores the strategic timing of this development, positioning it to benefit from and contribute to West Palm Beach's broader urban transformation. This narrative appeals to investors seeking growth in dynamic urban centers, suggesting that the property's value will appreciate not only due to its luxury features but also from the broader economic and cultural uplift of West Palm Beach itself. Their combined expertise signals a commitment to delivering a project of exceptional quality.
Iconic Design & Lifestyle
The building's design is characterized by a striking glass facade, complemented by graceful curved edges and soft lines, a distinctive hallmark of Arquitectonica's modern aesthetic. This creates a visually captivating structure that stands out in the urban landscape, reflecting contemporary luxury.
The core design philosophy is to provide an unparalleled living experience, where every detail is meticulously curated to exude elegance and sophistication throughout the residences and amenity spaces. This commitment to refined living extends to every aspect of the property, from the grand common areas to the private sanctuaries within each home.
The strategic location offers unparalleled convenience, placing residents less than ten minutes from West Palm Beach's vibrant downtown, including upscale shops, gourmet restaurants, diverse cultural activities, and entertainment venues like CityPlace. It is also in close proximity to Palm Beach's famed Worth Avenue and The Royal Poinciana Plaza. This caters to a dynamic lifestyle that values immediate access to urban conveniences alongside the serene beauty of the waterfront.
Refined Residences
The development will feature a collection of 138 to 144 exclusive units, offering flexible configurations ranging from two to four bedrooms. This variety caters to different household sizes and lifestyle preferences, ensuring a broad appeal within the luxury market.
Residences are designed for utmost comfort and elegance, spanning from 1,530 sq ft to over 3,331 sq ft, with an average unit size of approximately 2,500 sq ft. These generous dimensions ensure ample living space, featuring spacious layouts, high-end finishes, and expansive windows that frame stunning waterfront vistas.
Curated Amenities & Services
The Ritz-Carlton Residences, West Palm Beach, offers an impressive array of amenities designed to enhance well-being and provide a true resort-style experience.
For comprehensive recreation and wellness, amenities include a pristine modern pool with spacious private cabanas on an expansive amenity deck, a state-of-the-art fitness and wellness center, and separate men's and women's steam rooms and saunas.
Distinctive entertainment options include a cutting-edge gaming studio featuring a VR golf simulator and an adjoining outdoor terrace, catering to both active and leisurely pursuits. In a region renowned for its golf courses, this amenity offers a year-round, weather-independent alternative for enthusiasts. This specific, high-tech amenity leverages PropTech trends to provide a unique, personalized, and engaging experience. For luxury buyers, who often seek bespoke and innovative amenities, this could be a significant draw, setting the property apart from competitors with more conventional offerings and signaling a forward-thinking approach to luxury living. A thoughtfully designed children's playroom ensures family-friendly spaces, while multiple indoor and outdoor lounge areas provide versatile settings for relaxation and social gatherings. Museum-quality artwork is curated throughout the common areas, adding to the sophisticated ambiance.
Residents receive an exclusive membership to The Cove Club, described as a waterside oasis for enjoying life's finest luxuries. Two curated guest suites are available for visitors, ensuring comfort and privacy for friends and family. Signature Ritz-Carlton services include a personal concierge, 24-hour valet, and a dedicated residential team available to attend to every request, upholding the exceptional standard of living associated with the brand. This diverse amenity set, ranging from high-tech entertainment to family-friendly spaces and exclusive social clubs, indicates a strategic effort to appeal to a wider range of luxury buyers, including younger families and those who value recreational technology. By catering to varied lifestyles, the development broadens its market appeal beyond traditional retiree or single-professional demographics, potentially increasing absorption rates and long-term demand.
Investment Profile
Prices for these luxury residences range from $2.2 million to $5.0 million+, with some sources indicating a broader range of $2.5 million to $8.0 million. A limited collection of 138 two-to four-bedroom homes begins from $3 million. Specific preconstruction sales details, deposit structures, and any incentives are not explicitly available in the provided documents and require direct contact with the sales team. The development has made a significant investment in high-quality visual assets, with The Boundary crafting a "comprehensive set of visuals that beautifully capture every aspect" of the Residences, from exteriors to interiors and amenities. This emphasis on sophisticated Computer-Generated Imagery (CGIs) is crucial for preconstruction projects where the physical property does not yet exist. It allows potential buyers to "virtually step into a property and explore its features and ambiance" , significantly enhancing property visualization and improving decision-making. This investment in sophisticated visualization tools is not merely marketing; it is a critical sales enabler for preconstruction, building buyer confidence and enabling informed decisions before physical completion, thereby accelerating sales velocity.
Palm Beach Luxury Real Estate: A Market of Unrivaled Strength
A. Exceptional Market Performance
The Palm Beach luxury real estate market is demonstrating exceptional resilience and growth, charting its own upward path even as much of South Florida's broader real estate market shows signs of cooling. In the second quarter of 2025, Palm Beach was the only market in the region where both home prices and sales increased, particularly within the ultra-luxury sector. This distinct performance positions Palm Beach as a "safe haven" for ultra-luxury capital. When general market conditions are uncertain (e.g., due to high interest rates or economic recalibration), ultra-luxury markets like Palm Beach can act as a "flight to quality" for capital. Wealthy buyers, often less reliant on traditional financing, prioritize tangible assets in stable, exclusive locations. This dynamic suggests that the demand in Palm Beach is fundamentally different from the broader housing market, driven by wealth preservation, lifestyle aspirations, and exclusivity rather than solely by interest rate fluctuations. This makes preconstruction in this specific market particularly attractive, as it offers a guaranteed entry point into a consistently appreciating segment.
The high-end market in Palm Beach has seen remarkable growth. In the first month of 2025, sales of properties priced at $5 million and above tripled compared to the previous year, with transactions in the $10 million-plus category surging even further. This impressive momentum followed a strong close to 2024, where luxury home sales in November and December also more than tripled year-over-year. Palm Beach County's overall home sales surged by over 40% year-over-year in early 2025, significantly outpacing neighboring Miami-Dade and Broward counties, which experienced a decline in high-end transactions. This highlights Palm Beach's unique position as a top-tier luxury market.
B. Driving Forces of Demand
Palm Beach continues to attract high-net-worth buyers who are notably less impacted by interest rates and are primarily focused on lifestyle, legacy, and location. These discerning individuals are often discretionary cash buyers actively seeking "trophy properties" that align with their long-term investment and lifestyle goals.
The town's long-standing reputation as a haven for the affluent has been further amplified, gaining even greater international visibility in recent years. This global appeal draws wealthy buyers worldwide, attracted by Palm Beach's prestige, cultural significance, and elite social scene. This expansion of interest beyond traditional domestic buyers fuels an intensified competition for available properties. As demand intensifies, buyers are acting quickly, often securing properties within days of listing, indicating a highly competitive and fast-moving environment for premier assets.
C. Supply-Demand Dynamics
One of the key drivers of the significant price surge in Palm Beach's luxury market is historically low inventory. This scarcity is compounded by a phenomenon observed nationally, where Baby Boomers, who hold nearly half of the nation's real estate wealth , are increasingly choosing to "stay put" in their current homes rather than downsizing or relocating. This "luxury lock-in" effect means that the existing luxury housing stock in Palm Beach is largely held by long-term owners who have little financial imperative to sell, especially if they have low mortgage rates or own their properties outright. This dynamic exacerbates the already historically low inventory, creating a significant bottleneck in available high-quality properties.
Consequently, new luxury preconstruction projects like The Ritz-Carlton Residences become even more valuable as they represent fresh, modern supply in a market starved for high-quality inventory. The scarcity of prime luxury properties in Palm Beach, amplified by this "luxury lock-in" effect, creates an environment where global wealth actively competes for available units. This competition, in turn, drives prices to new heights. The global prestige of Palm Beach acts as a self-reinforcing loop: its exclusivity attracts high-net-worth individuals, which further tightens supply, which then enhances its perceived value and exclusivity, drawing even more discerning buyers. This makes the preconstruction phase for The Ritz-Carlton Residences a critical window for acquisition before the full impact of this intensified competition is realized.
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