Announced

Banyan Tree Residences

West Palm Beach · Residences

Banyan Tree Residences is the Banyan Group's debut U.S. residential project, a downtown landmark planned for 400 Hibiscus Street in West Palm Beach, Florida — one block from CityPlace and steps from the Intracoastal Waterway.

Official Website
Last verified Jul 13, 2026
3.4 yrs to delivery
5%
AnnouncedBreaking GroundConstructionOpening SoonNow Open
2029
Completion
88
Units
25
Floors
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The story so far
Announced 2026 est.
Sales launched Mar 24, 2026Sales launched Mar 24, 2026 (from $1.9M), Banyan Group's US debut, per PRNewswire
oftmw.com
Expected opening 2029
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
About the project

Banyan Tree Residences is the Banyan Group's debut U.S. residential project, a downtown landmark planned for 400 Hibiscus Street in West Palm Beach, Florida — one block from CityPlace and steps from the Intracoastal Waterway. Designed by the internationally acclaimed firm OMA (Office for Metropolitan Architecture, founded by Rem Koolhaas) as a sculptural dual-form tower, the project brings 88 branded luxury residences — ranging from one- to four-bedroom homes to penthouses — to the heart of the city. Interiors by Yabu Pushelberg and landscape design by Enzo Enea complement the Banyan Tree brand's signature wellness-driven hospitality, positioning the tower as a rare pairing of world-class design pedigree and resort-style branded living in downtown West Palm Beach's fast-rising luxury corridor.

Developer & design
The West Palm Beach market 91 · Saturated supplyDowntown West Palm Beach 54-project pipeline · 8,008 residences and keys · peak Late ’27 Explore the market →
Common questions

Frequently asked

Where is Banyan Tree Residences located?

Banyan Tree Residences is located in West Palm Beach.

When will Banyan Tree Residences be built?

Banyan Tree Residences is an announced development that has not yet started construction, targeting completion in 2029.

Who is developing Banyan Tree Residences?

Mast Capital & More is the developer behind Banyan Tree Residences.

Who designed Banyan Tree Residences?

Banyan Tree Residences was designed by OMA.

How big is Banyan Tree Residences?

Banyan Tree Residences rises 25 stories with 88 residences.