5 High-End Developments Reshaping Palm Beach Living

Luxury real estate in Palm Beach is heating up again—this time with five major developments already underway. These aren't just upscale projects. They're going to redefine waterfront living across Palm Beach County over the next 12–18 months.

If you live nearby, here’s a closer look at what’s coming and what it might mean for your neighborhood:

1. The Ritz-Carlton Residences, Palm Beach Gardens

• Starting at: $4.5 million
• Unit sizes: 2,875 to 9,075 square feet
• Bedrooms: 3 to 5-bedroom layouts
• Residences: 106 units across 7 floors
• Completion: Expected in 2026

The Ritz-Carlton name alone carries weight—but this project brings more than branding. It’s designed as a waterfront enclave with private marina access, lush resort-style grounds, and residences that stretch the boundaries of indoor-outdoor living.

Every unit is either a half- or full-floor layout. That means no cramped hallways or cookie-cutter layouts. Think sprawling terraces, panoramic views, and spaces built to entertain at scale.

The lifestyle here will lean toward the refined:

• Extensive indoor social spaces
• Hotel-grade concierge services
• Dedicated boat slips for residents
• Full-service wellness and fitness programs
• Majestic outdoor living areas designed to soak in marina views

This is one of the few developments in the Gardens that matches the scale of what’s usually seen in downtown Palm Beach or Miami. And it’s poised to reshape how people see northern Palm Beach County as a destination for primary luxury homes—not just second homes.

Who’s it for?

High-net-worth buyers with a preference for space, privacy, and boating access. Likely a mix of seasonal residents and full-time Floridians trading up.

Neighborhood impact:

• Expect more yacht traffic and valet-style services at nearby marinas
• Luxury demand may spill into nearby golf communities like Old Palm or Frenchman’s Creek
• High-end restaurants and boutique services may follow as the area’s demographics shift upward
• Long-time locals might see a bump in property values—but also rising insurance premiums due to higher replacement costs nearby

If you live within a mile or two of this project, it’s worth revisiting your homeowner policy. As values rise, so do rebuild estimates—and not every insurer adjusts in time.

You can get a fast quote check here.

2. Alba Palm Beach

• Starting at: $2.5 million
• Unit sizes: 1,778 to 4,471 square feet
• Bedrooms: 2 to 4-bedroom layouts
• Residences: 55 units across 22 floors
• Completion: Scheduled for 2026

Alba Palm Beach is for buyers who want modern luxury without the flash. Clean lines, floor-to-ceiling glass, and a direct relationship with the water. It's located along North Flagler Drive in West Palm Beach—just far enough from the downtown core to feel private, but still close enough for easy access.

Each unit is designed to maximize views of the Intracoastal. Large balconies, generous square footage, and smart-home features are standard. But what makes Alba stand out is its blend of traditional condos with ground-floor townhomes—some of which come with private plunge pools or hot tubs.

Key lifestyle amenities include:

• Private dock with boat slip access for owners
• Sunrise and sunset swimming pools (you can pick your vibe)
• Multi-sport simulator room and private screening theater
• Limited-unit count, which means a quieter and more personalized living experience

It’s a development that feels tailored for boaters, digital nomads, and second-home buyers who want relaxation first—and services second. The design doesn’t try to be a resort. Instead, it feels like a calm, high-functioning home base.

Who’s it for?

Buyers who prioritize location, water access, and modern amenities over flash. Also ideal for owners who split time between South Florida and other metro areas.

Neighborhood impact:

• Increased demand for slips and waterway access could strain local marina capacity during peak months
• Nearby condo associations might feel some pressure to upgrade older buildings or improve amenities
• Property values in the Flagler corridor (especially along the Intracoastal) will likely see upward movement
• Deliveries and construction traffic could briefly disrupt the neighborhood, but long-term benefits outweigh the short-term inconvenience

If you own a home or investment property in the area, the introduction of a development like Alba could reset comps. It’s a good time to review how your home is insured—especially if your coverage hasn’t been updated in a few years.

Get a quick look at your current risk coverage here.

3. Caretta

• Starting at: $2.2 million
• Unit sizes: 1,995 to 5,590 square feet
• Bedrooms: 2 to 4-bedroom layouts
• Residences: 95 units across 5 floors
• Completion: Targeted for 2026

Caretta is different by design. It doesn’t aim for the towering-glass aesthetic you see along the Intracoastal. Instead, it leans into mid-rise luxury with a softer, more residential feel. Think palm-lined walkways, open-air dining spaces, and a strong indoor-outdoor connection.

From the outside, it almost looks like a coastal boutique hotel. But inside, it’s fully private living—with all the tech, finishes, and curated amenities you'd expect from a modern, upscale residence.

Standout lifestyle features include:

• A rooftop oasis with unobstructed ocean views
• Private cabanas, loungers, and thoughtfully landscaped terraces
• Seamless digital access throughout the property
• A dedicated dog park and on-site dog wash station
• Built-in kitchen bar designs made to match resident selections

It’s built for ease. You can park, enter, and be at your unit—or rooftop pool—within minutes. For buyers used to high-rise elevators or congested resort buildings, this low-density setup is a major draw.

Who’s it for?

Caretta will likely appeal to buyers looking for full-time living or extended stays. Families moving to Florida for tax reasons. Retirees looking to simplify without compromising quality. Also an easy “lock-and-leave” choice for those who want low-maintenance luxury.

Neighborhood impact:

• May attract more permanent residents vs. transient seasonal buyers
• Greater year-round foot traffic can support local businesses, cafés, and services
• Could set a new tone for mid-rise development in the area—especially those with a walkable, community-first layout
• Potential for neighborhood stability as it encourages long-term, invested ownership

If you live nearby and haven’t updated your home’s insured value in a while, it’s probably time. Developments like Caretta can quietly push up appraisal numbers and influence insurance premiums, even if your home looks and feels the same.

Stay ahead of the curve with a no-obligation coverage check.

4. Forte on Flagler

​​Starting at: $14.6 million

• Unit sizes: 4,420 to 8,840 square feet
• Bedrooms: 4 to 6-bedroom layouts
• Residences: Just 41 units
• Floors: 24
• Completion: Expected in 2025

Forte on Flagler isn’t just luxury—it’s in a different league entirely. With only 41 residences, each unit here is more like a private mansion in the sky than a traditional condo. It’s positioned along the prestigious South Flagler corridor, facing the Intracoastal with direct views of Palm Beach Island.

This building is for owners who don’t compromise. Grand scale, custom finishes, and exclusive amenity space across three full floors.

Signature features include:

• Private elevator entry to every unit
• Half- and full-floor layouts with expansive terraces
• Over 20,000 square feet of wellness, social, and service amenities
• Distinctive curved architecture with nautical influences
• Large-scale outdoor living areas designed for entertaining and privacy

Forte is meant to stand out visually and functionally. The design alone makes a statement—and the price point filters out all but the top-tier buyers. This project is bringing ultra-luxury standards that, frankly, haven’t been typical for West Palm Beach. Until now.

Who’s it for?

High-net-worth individuals seeking privacy, prestige, and prime location. Likely a mix of primary and seasonal residents with existing portfolios in New York, L.A., or abroad. This is a “destination property,” not just a home.

Neighborhood impact:

• Will likely raise the ceiling for luxury condo prices in the area
• May attract national media coverage and luxury retailers to nearby corridors
• Will increase demand for premium services: private chefs, car detailing, in-home wellness
• Could influence older waterfront buildings to upgrade or redevelop
• Even nearby listings in lesser-known buildings may ride the wave with price increases

If you’re a homeowner anywhere along South Flagler or near the Intracoastal, Forte might affect your next appraisal—whether you're refinancing or updating your policy. Replacement costs for high-end homes often go up with projects like this nearby.

Not sure if your insurance is still aligned with your home’s rising value? Check your coverage.

5. Olara, West Palm Beach

• Starting at: $2.1 million
• Unit sizes: 1,483 to 4,228 square feet
• Bedrooms: 2 to 4-bedroom layouts
• Residences: 275 units across 26 stories
• Completion: Scheduled for 2026

Olara is one of the largest (and most ambitious) projects currently under construction in West Palm Beach. With 275 residences and 80,000 square feet of indoor and outdoor amenities, this tower blends lifestyle with luxury on a much larger scale than its competitors.

Set along the North Flagler waterfront, Olara will have direct access to the Intracoastal Waterway via a private marina. It's built around the idea of wellness and community, offering everything from recovery studios to spa lounges to curated culinary experiences.

Key highlights include:

• Signature restaurant by a celebrity chef (name TBD, but already generating buzz)
• Dedicated co-working lounges and private meeting spaces
• State-of-the-art fitness and movement center
• Indoor and outdoor wellness zones for year-round activity
• Concierge and hotel-style service baked into daily living
• Resort-style pools, waterfront decks, and smart access systems

With its size and amenity stack, Olara is aiming to be a self-contained luxury hub. Residents may not need—or want—to leave the building for much.

Who’s it for?

Young professionals, relocating executives, and affluent couples seeking a resort-like lifestyle year-round. It's also a strong candidate for seasonal investors or part-time residents who want luxury with convenience.

Neighborhood impact:

• Could spur a shift toward vertical living in North Flagler, which has historically been quieter and low-rise
• Will likely attract new restaurants, boutique retailers, and wellness studios to the immediate area
• May drive future zoning changes or increased density along the waterfront
• Expect changes in traffic flow, construction of new access routes, and heavier marina usage during high season

Nearby homeowners may start to see changes in how their neighborhood functions—not just in terms of property values, but also the daily rhythm of life. As new high-end services move in, even older homes and low-rise buildings could get swept up in the area's transformation.

If you’re in the area, this might be the time to re-evaluate your homeowner’s policy. Insurance carriers sometimes adjust risk profiles when an area becomes more desirable—and more expensive to rebuild in.

Keep your coverage competitive and current by getting in touch with our team today.

Why It Matters for Homeowners Nearby

These aren’t isolated towers. Each brings:

• New residents (likely high-net-worth)
• Pressure on local infrastructure
• Shifts in school zones, property taxes, and even insurance premiums

If you're nearby, your property value might rise—but so could your replacement cost. It’s a good moment to revisit your homeowner’s insurance and ensure it reflects today’s risks and rebuilding prices.

See if your coverage is still competitive by getting in touch with our team today.