Announced

Banyan Tree 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
2029
Completion
88
Units
25
Floors
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Details

400 Hibiscus Street, West Palm Beach. 25 floors and 88 residences. Completing Q4 2029.

The story so far
Announced 2026 est.
Sales launched Mar 2026Banyan Group's first US residences unveiled with sales launch March 2026 (Mast Capital); OMA architect, Yabu Pushelberg interiors
oftmw.com
Approved Aug 12, 2026West Palm Beach's Downtown Action Committee unanimously clears the OMA-designed 25-story tower, granting a 5.5 floor area ratio through a Transfer of Development Rights
floridayimby.com
Expected opening Q4 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.
TMW IntelligenceVerified Oct 19, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
TMW Intelligence

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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. Developed by Mast Capital and Curated JCZM Development and designed by OMA, the firm founded by Pritzker Prize winner Rem Koolhaas, the 25-story tower pairs two interlocking residential volumes above a multi-level podium, bringing 88 branded luxury residences, from one- to four-bedroom homes to a penthouse collection, 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, with a full-floor wellness program including spa treatment rooms, cryotherapy and a traditional hammam, a resort-style pool and ground-floor retail, 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.

Companies and contacts

Every firm on Banyan Tree Residences, the office nearest it, and the people who work on it.

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 Q4 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, with interiors by Yabu Pushelberg.

How big is Banyan Tree Residences?

Banyan Tree Residences rises 25 stories with 88 residences.