The 829,000-square-foot development, called One West Palm, will include two 30-story towers, retail shops, restaurants, office space, a hotel and luxury condominiums.
The project, which takes up an entire block on the north side of downtown, will be comprised of two modern towers that look like stacked blocks, designed by Arquitectonica of Miami.
The ground level will feature retail shops, restaurants and corner parks. One tower includes 410,000 square feet of Class A office space. The other will feature a five-star hotel with 209 guest suites and 84 luxury condos above that.
The 3.3-acre project also features a day-care center and a 34,000-square-foot fitness center that includes indoor tennis courts — to complement the plan’s outdoor tennis courts.
The residential building also will include a high-end restaurant and bar on the top floor.
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The developer hopes to break ground on the project within three months and finish building it two years later.
“There’s nothing like it in West Palm Beach, maybe even all of Palm Beach County,” Greene says. The development provides one-stop living for upscale professionals.
“There’s everything you can imagine that you’d need, right across the bridge from Palm Beach,” the developer said. The bridge entrance lies on Quadrille, one-and-a-half blocks east of the project.
The market for rental apartments and condominiums is very strong in West Palm Beach, and as for the hotel, there are none in the area that have the luxury amenities which are planned.
It’s the biggest of well over $1 billion in projects coming out of the ground or about to in West Palm, as one vacant downtown lot after another fills with apartment towers, hotels, shops, restaurants and an All Aboard Florida station to draw 30-plus trains a day.
The old city hall’s being redeveloped, as is the marina property in front of it. The Bristol luxury condo is about to rise from the former site of the Chapel by the Lake, on South Flagler Drive.
Just west of downtown, he recently completed a 548-apartment project called Cameron Estates.
And he just closed on another 11 acres on the Clear Lake waterfront next to it, between Okeechobee Boulevard and I-95. North of downtown, he has assembled land near Currie Park for residential development and possibly a Publix.
The developer recently acquired a 3.21-acre property at 419 Lakeview Avenue, a few blocks east of CityPlace, for $24 million, where he has plans to construct a five-star hotel, luxury condominiums, and a Class A office tower.
He plans to build high-end amenities, such a fitness center, indoor tennis courts, and a food and beverage program by a celebrity chef.