Under Construction

Ocean One

Boynton Beach · Mixed-Use

Ocean One is an eight-story mixed-use rental community rising in downtown Boynton Beach, Florida, along North Federal Highway between I-95 and the Intracoastal corridor.

Last verified Jun 26, 2026
3.5 yrs to delivery
43%
AnnouncedBreaking GroundConstructionOpening SoonNow Open
2029
Completion
371
Units
8
Floors
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The story so far
Announced May 2024Ocean One unveiled — 371-unit, 8-story mixed-use project on N. Federal Highway, downtown Boynton Beach (Florida YIMBY)
floridayimby.com
Financing secured Mar 2026$108M construction loan from Madison Realty Capital (with Silverstein equity) closed — the unlock for vertical work (The Real Deal)
therealdeal.com
Under construction
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

Ocean One is an eight-story mixed-use rental community rising in downtown Boynton Beach, Florida, along North Federal Highway between I-95 and the Intracoastal corridor. Developed by a joint venture of Hyperion Development Group, Winter Properties and Silverstein Properties and designed by Miami firm Arquitectonica, the project pairs 371 studio-to-two-bedroom apartments with roughly 25,600 square feet of ground-floor retail, landscaped pedestrian plazas and a 600-plus-space parking garage. Resort-style amenities include a pool and spa deck, fitness center, pickleball court, co-working space and a sports simulator, positioning Ocean One as a placemaking anchor for Boynton Beach's emerging downtown core.