Ocean One
Ocean One is a transformative mixed-use development at 114-222 North Federal Highway in Downtown Boynton Beach, Florida, delivering 371 market-rate rental apartments alongside approximately 25,000 square feet of commercial and retail space across a 3.5-acre site.
Financed with $108M from Madison Realty Capital in 03.26.
114-222 North Federal Highway, Boynton Beach. 8 floors and 371 residences. Broke ground June 2026, completing Mid 2028. Financed with $108M from Madison Realty Capital in March 2026.
Ocean One is a transformative mixed-use development at 114-222 North Federal Highway in Downtown Boynton Beach, Florida, delivering 371 market-rate rental apartments alongside approximately 25,000 square feet of commercial and retail space across a 3.5-acre site. Developed by Hyperion Group with equity partner Silverstein Properties and designed by Arquitectonica, the eight-story project pairs studios through two-bedroom residences with pedestrian plazas, outdoor dining, and resident amenities including a pool, fitness center, and pickleball court. Backed by a $108 million construction loan from Madison Realty Capital and roughly $11.5 million in Boynton Beach CRA tax-increment support, Ocean One is a cornerstone of the city's downtown revitalization along the Federal Highway corridor.
Frequently asked
Where is Ocean One located?
Ocean One is located in Boynton Beach.
When will Ocean One be completed?
Ocean One is under construction, with completion expected in Mid 2028.
Who is developing Ocean One?
Hyperion Group & More is the developer behind Ocean One.
Who designed Ocean One?
Ocean One was designed by Arquitectonica.
How big is Ocean One?
Ocean One rises 8 stories with 371 residences.