Saks Fifth Redevelopment
The Saks Fifth Redevelopment reimagines the former Saks Fifth Avenue flagship at The Esplanade, 150 Worth Avenue, on Palm Beach's storied luxury shopping street.
150 Worth Avenue, Palm Beach. 2 floors. Broke ground August 2025, targeting 2027.
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The Saks Fifth Redevelopment reimagines the former Saks Fifth Avenue flagship at The Esplanade, 150 Worth Avenue, on Palm Beach's storied luxury shopping street. Conceived by New York-based O'Connor Capital Partners with classical design by Fairfax & Sammons Architecture, the roughly 50,000-square-foot, two-level building is planned as a premier destination blending high-end retail, boutique office space and lifestyle offerings, with leasing and tenant curation by Odyssey Retail. The Esplanade, a nearly full-block Mediterranean-style retail complex whose tenants include Emilio Pucci, Akris and Hublot, has since been acquired by Reuben Brothers and Crown Onyx in a $200 million deal.
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Frequently asked
Where is Saks Fifth Redevelopment located?
Saks Fifth Redevelopment is located in Palm Beach.
When will Saks Fifth Redevelopment be completed?
Saks Fifth Redevelopment is under construction, with completion expected in 2027 (a TMW estimate).
Who is developing Saks Fifth Redevelopment?
O'Connor Capital Partners is the developer behind Saks Fifth Redevelopment.
Who designed Saks Fifth Redevelopment?
Saks Fifth Redevelopment was designed by Fairfax & Sammons Architecture.
How big is Saks Fifth Redevelopment?
Saks Fifth Redevelopment rises 2 stories.