Billionaire developer Stephen Ross has been betting that West Palm Beach could entice wealthy Palm Beach Islanders to the mainland—and it seems his gamble is paying off.

After achieving spectacular success with pre-sales at South Flagler House, Ross’s firm, Related Ross, is planning a new ultra-luxury waterfront project called Edgeworth, also on South Flagler Drive, one of the city’s fastest-growing luxury corridors. The development will comprise two curved 28-story towers designed by Kohn Pedersen Fox, with interiors by March and White Design (MAWD). 

Edgeworth will offer 168 residences, ranging from one- to five-bedroom homes, plus nine penthouses. Each unit is oriented to capture sweeping views of the Intracoastal Waterway and the Atlantic Ocean, with expansive terraces designed for seamless indoor-outdoor living. Interiors will embrace a soft and sophisticated, Riviera-inspired aesthetic, while more than 90,000 square feet of resident amenities will focus on wellness and lifestyle.

“Edgeworth represents the next chapter of our vision for the West Palm Beach waterfront,” said Bryan Cho, executive vice president of development at Related Ross. “Following the strong momentum we’ve seen with South Flagler House, which neighbors this site, and Shorecrest on the north end of the Flagler waterfront, demand for thoughtfully designed waterfront residences continues to exceed supply.”

The project arrives as West Palm Beach undergoes a dramatic transformation. Since 2020, more than 250 financial firms—including expansions by Goldman Sachs and JPMorgan Chase—have planted offices in the city, helping cement its reputation as “Wall Street South.” The influx of hedge funds, private equity firms, and their executives has sent luxury housing prices soaring—up more than 187 percent over the past decade—while creating intense demand for new waterfront condominiums.

Edgeworth is positioned squarely within that shift. Prices will start at $2.5 million, though larger residences will climb far higher. Construction is expected to begin next year, with completion projected for 2029.

Edgeworth’s pre-sale pricing highlights just how sharply the West Palm Beach market is moving into ultra-luxury territory. Units at South Flagler House have traded for roughly $6,000 per square foot—a level that would have been hard to imagine in the city just a few years ago. The waterfront building recently recorded multiple penthouse deals approaching a combined $70 million, including a $40 million residence reportedly purchased by former Apple CEO John Sculley, and it became the first condominium development in West Palm Beach to surpass $1 billion in total sales.

Click here to see more photos of the upcoming West Palm Beach condominium.