Under Construction

The Ritz Carlton Residences, West Palm Beach

The Ritz-Carlton Residences, West Palm Beach is a 27-story luxury condominium rising at 1717 North Flagler Drive in West Palm Beach's North Flagler District, a waterfront stretch just north of downtown that has become the city's most active branded-residential corridor.

Official Website
02.26
Start
2028
Completion
138
Units
27
Floors
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Details

1717 North Flagler Drive, West Palm Beach. 27 floors and 138 residences. Broke ground February 2026, completing Q1 2028. Financed with $200M from Madison Realty Capital in March 2026.

The story so far
Announced Mar 15, 2024
oftmw.com
Sales launched Mar 18, 2024Date correction: Related Group and BH Group launched sales March 18, 2024 with prices from $2.5M (supersedes the earlier Late 2025 entry)
oftmw.com
City board approval Oct 2024West Palm Beach's planning board approves The Ritz-Carlton Residences tower at 1717 North Flagler Drive
therealdeal.com
Broke ground Feb 2026Related Group & BH Group broke ground on the 27-story, 138-unit Ritz-Carlton Residences at 1717 N Flagler Dr, Feb 2026 (Florida YIMBY)
floridayimby.com
More than 70% sold at groundbreaking Feb 24, 2026Related Group reported over 70 percent of the 138 residences under contract, including $150 million in sales in the prior six months
floridayimby.com
Financing secured Mar 2026Related Group and BH Group closed a $200M construction loan from Madison Realty Capital with the tower more than 70% pre-sold
commercialobserver.com
Record $16.95M penthouse contract Jun 2026Penthouse A, a 6,097 sq ft four-bedroom, went under contract for the highest price ever recorded on North Flagler Drive by total and per-foot price
floridayimby.com
Under construction
Expected opening Q1 2028
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
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The outlook for The Ritz Carlton Residences, West Palm Beach

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The West Palm Beach market 55-project pipelineNorth Flagler District 8,394 residences and keys across the projects in our database Explore the market →
Projected pricing $•,•••/sfFull projectionProjection →
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About the project

The Ritz-Carlton Residences, West Palm Beach is a 27-story luxury condominium rising at 1717 North Flagler Drive in West Palm Beach's North Flagler District, a waterfront stretch just north of downtown that has become the city's most active branded-residential corridor. Developed by Related Group and BH Group in partnership with Marriott International, the tower holds 138 east-facing residences ranging from roughly 1,500 to more than 3,300 square feet, from two to four bedrooms, each with private elevator access, floor-to-ceiling glass and deep balconies framing unobstructed views across the Intracoastal Waterway to Palm Beach Island and the Atlantic Ocean. Arquitectonica designed the building, Rockwell Group curated the interiors and Naturalficial handled the landscape, with Italian cabinetry, European-inspired kitchens fitted with Sub-Zero and Wolf appliances, Hansgrohe fixtures and integrated smart-home technology inside the homes. The amenity deck stacks a bayfront pool terrace with private cabanas and summer kitchens, a fitness and wellness center with spa treatment rooms, private conference and coworking suites, a children's room, a golf simulator lounge, guest suites, entertainment lounges and outdoor terraces, plus a curated art program and Cove Club membership access, all backed by the full Ritz-Carlton service platform including 24-hour concierge and valet. Priced from about $3 million, it is one of the marquee projects driving West Palm Beach's luxury condominium boom.

Companies and contacts

Every firm on The Ritz Carlton Residences, West Palm Beach, the office nearest it, and the people who work on it.

Architect
Arquitectonica
West Palm Beach officePhone and email
Interior design
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Projected pricing at delivery
The Ritz Carlton Residences, West Palm Beach
West Palm Beach · Coming Q4 2028 · Residences
TMW Projection
$1,850 / sq ft at delivery
Projected band $1,600 – $2,100 — modeled from 5 comparable launches nearby.
Sales launchTodayDelivery Q4 2028
Projected median
Confidence band
Today

Comparable set — basis for projection

Comparable launch1.2 mi
$1,850
Comparable launch1.2 mi
$1,850
Comparable launch1.2 mi
$1,850
Confidence: Medium · 5 comps · projections are modeled estimates, never listings
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Scenario outlook
The Ritz Carlton Residences, West Palm Beach
West Palm Beach · Coming Q4 2028 · Residences
TMW Projection
Projected price / sq ft
$1,850
at delivery, base case
Sell-out timeline
18months
from sales launch to final close
Absorption pace
4.5units / mo
modeled from the comp set

Scenario assumptions

Fed rate pathGradual cuts
Luxury demandSteady
Comp appreciation+6% / yr
Scenarios recompute against the submarket comp set · directional, not guaranteed
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Bear, base and bull: price, sell-out and pace for each case.

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Common questions

Frequently asked

Where is The Ritz Carlton Residences, West Palm Beach located?

The Ritz Carlton Residences, West Palm Beach is located in West Palm Beach.

When will The Ritz Carlton Residences, West Palm Beach be completed?

The Ritz Carlton Residences, West Palm Beach is under construction, with completion expected in Q1 2028.

Who is developing The Ritz Carlton Residences, West Palm Beach?

Related Group, BH Group is the developer behind The Ritz Carlton Residences, West Palm Beach.

Who designed The Ritz Carlton Residences, West Palm Beach?

The Ritz Carlton Residences, West Palm Beach was designed by Arquitectonica, with interiors by Rockwell Group.

How big is The Ritz Carlton Residences, West Palm Beach?

The Ritz Carlton Residences, West Palm Beach rises 27 stories with 138 residences.