OLIN Palm Beach in Palm Beach
Breaking Ground

OLIN Palm Beach

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The story so far

OLIN is an ultra-luxury oceanfront condominium rising on the South End of Palm Beach Island, the first new condominium the town has permitted in more than two decades, a 5-story building with 32 residences at 2774 South Ocean Boulevard that broke ground in July 2026. Financed with $55M in January 2026.

Oceanfront. A 4.9-acre site. Developed by Vladislav Doronin's OKO Group in partnership with Cain International on a rare ocean-to-lagoon parcel along South Ocean Boulevard, the project replaces the former Ambassador Hotel and Edgewater House with three interconnected five-story buildings that respect Palm Beach's storied low-rise character and strict height limit. The residences are designed by OMA, the Pritzker Prize-winning practice founded by Rem Koolhaas, with interiors by AD100 Hall of Fame studio GACHOT, positioning OLIN among the most significant residential commissions of its designers. A gracious, limited collection of full-floor and estate-scaled homes set within landscaped oceanfront grounds, OLIN redefines the top of the Palm Beach market as a singular address where architecture, privacy, and beachfront living converge.

Expected opening date TBD
Broke ground Jul 10, 2026
Demolition begins on the Ambassador and Edgewater buildings Jul 2026

Early-stage demolition is underway at the ocean-to-lagoon site, though crews have yet to topple the former Ambassador Palm Beach Hotel and Residences or the lakeside Edgewater House that OLIN replaces.

bocaratontribune.com
Sales launched Jul 2026

Sales launched as OLIN Palm Beach with Corcoran exclusive; 32 residences across three five-story buildings priced up to $20M, up to $30M and over $40M.

yahoo.com
Final design approvals granted Jun 24, 2026

Palm Beach's Architectural Commission granted OLIN's remaining design-review approvals at a contentious June 24, 2026 meeting, clearing construction; early-stage demolition then began July 10, 2026.

yahoo.com
Financing secured Jan 23, 2026

$55M from BDT & MSD Partners to fully capitalize the pre-development phase.

commercialobserver.com
Announced Apr 2025
commercialobserver.com
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Amenities 1
  • Infinity pool
TMW IntelligenceVerified Oct 31, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open

The outlook for OLIN Palm Beach

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Companies and contacts

Every firm on OLIN Palm Beach, the office nearest it, and the people who work on it.

Project website
Architect
Interior design
Gachot
New York officePhone and email
Landscape
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Common questions

Frequently asked

Where is OLIN Palm Beach located?

OLIN Palm Beach is located in Palm Beach.

When will OLIN Palm Beach be completed?

OLIN Palm Beach is breaking ground.

Who is developing OLIN Palm Beach?

OKO Group, Cain International is the developer behind OLIN Palm Beach.

Who designed OLIN Palm Beach?

OLIN Palm Beach was designed by OMA, Spina O'Rourke + Partners, with interiors by Gachot.

How big is OLIN Palm Beach?

OLIN Palm Beach rises 5 stories with 32 residences.