Sustained demand, driven by strong migration trends of high networth individuals, is fueling a wave of luxury-branded and hospitality-focused projects across South Florida.
Last month, Ritz-Carlton Residences Fort Lauderdale Beach and Mandarin Oriental Residences West Palm Beach both launched sales. Related Group and BH Group broke ground on the Ritz-Carlton Residences in West Palm Beach, while Hillsboro Beach’s Rosewood Residences celebrated topping-off its yacht-inspired project.
Read on to find out which waterfront condominium in West Palm Beach, sitting across the Intracoastal from the Mar-a-Lago Club, is slated for redevelopment following a bulk buyout, plus more updates in our February 2026 pre-construction condo market round-up for Fort Lauderdale and Palm Beach.
— February 2026 – Fort Lauderdale & Palm Beach Condo Pre-Construction Market at a Glance
Sales Launched
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Ritz-Carlton Residences Fort Lauderdale Beach – Fort Lauderdale
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Mandarin Oriental Residences – West Palm Beach
Topped Off
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Rosewood Residences – Hillsboro Beach
Broke Ground
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Ritz-Carlton Residences – West Palm Beach
Approved
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8-story Condo at The Boca Raton – Boca Raton
Planned/Proposed
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Two Luxury Condos by Jeff Greene – West Palm Beach
Other Updates
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Gaia Residences – Hollywood
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Shorecrest – West Palm Beach
Watchlist
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Natiivo Fort Lauderdale Scheduled for Auction – Fort Lauderdale
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Phase II of the Marina Village Project – Riviera Beach
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Fort Partners, Related Ross Gain Majority in Harbor Towers – West Palm Beach
— Fort Lauderdale & Palm Beach Condo Pre-Construction Market: Sales Launched
Ritz-Carlton Residences Fort Lauderdale Beach – Fort Lauderdale
Developer partners MICL and Admire Capital launched sales this February for Fort Lauderdale’s second Ritz-Carlton-branded condo project. In contrast to the condo-hotel at 1 N. Fort Lauderdale Beach Blvd, this new development will be purely residential.
Designed by West Palm Beach-based Garcia Stromberg, the twin towers will rise 13 stories along the Intracoastal Waterway with 83 luxury residences. Units will range from 1,550 to 3,480 square feet and feature interiors by Dan Fink Studio. Expect high-end finishes such as white plank oak flooring and large terraces in all homes.
Standout amenities at this waterfront development include two pools, dock slips, a multi-sport simulator, a lounge with catering kitchen, a screening room, and a children’s playroom. As expected of a Ritz-Carlton property, the brand’s dedicated team will power the impeccable service the brand is known for throughout, including the concierge, valet, and lifestyle coordinators.
Prices start at $2.5 million, with a choice of two- and three-bedroom residences. Contact us for an exclusive presentation to secure your preferred floor plan early at this fully residential Ritz-Carlton property.
Mandarin Oriental Residences – West Palm Beach
Groundbreaking: 2027 | Completion: 2031
Canada-based Great Gulf launched sales for its Mandarin Oriental-branded residences this February. The 2.5-acre property will rise along 215 feet of tranquil waterfront at 5400 North Flagler Drive in West Palm Beach.
Designed by Safdie Architects in collaboration with Spina O’Rourke + Partners, the 31-story tower will feature 87 generously-sized ultra-luxury residences. Units will range from 2,151 to 6,339 square feet with wrap-around terraces, direct water views, and interiors by Studio Munge.
Highlight amenities include a ground-floor pool with a bar, a rooftop lounge with a pool, a pickleball court, a spa, a fitness center, a kids’ club, and a pet spa. You also get to enjoy a garden lounge, a theater, and a coworking space.
Prices start at $3.5 million, with a choice of two- to four-bedroom residences. Contact us to learn more about this premium hospitality-driven project.
— Fort Lauderdale & Palm Beach Condo Pre-Construction Market: Topped Off
Rosewood Residences – Hillsboro Beach
Groundbreaking: December 2024 | Completion: Early 2027
Topping off just over a year after breaking ground, Rosewood Residences is on track for completion early next year. Developed by the Related Group and Dezer Development, the exclusively residential project boasts rare dual waterfrontage and is the first new construction in Hillsboro Beach in over two decades.
Designed by Arquitectonica, the nautically-inspired Rosewood buildings rise on “Millionaire’s Mile.” The 10-story oceanfront tower houses 70 condos, with units ranging from a generous 2,800 to 6,400 square feet. The 3-story coastal building will be home to 22 luxury villas. Interiors are by the Dutch firm, Studio Piet Boon.
All residences feature custom Piet Boon-designed kitchens with designer appliances, oversized terraces with glass railings, luxurious private bathrooms with natural stone showers, and integrated smart home technology. While the oceanfront residences frame unobstructed views to the east, the Intracoastal residences open to unobstructed western water views.
Amenities at the Rosewood Residences include a private marina with 14 boat slips, direct beach access with a beach club, a signature oceanfront restaurant, an oceanfront pool and spa, an indoor-outdoor wellness center, a salon, two fitness centers, multiple sports courts including tennis, padel, and pickleball, a stylish cocktail lounge and café, a creamery, a game room with virtual reality simulators, plus an intimate garden and meditation lounge.
The waterfront development will also have luxury suites for guests and a curated collection of museum-quality art. Hong Kong-based Rosewood Hotels & Resorts will operate and manage all on-site amenities.
Prices start at $5.95 million for remaining units, with a choice of two- to five-bedroom residences.
— Fort Lauderdale & Palm Beach Condo Pre-Construction Market: Broke Ground
Ritz-Carlton Residences – West Palm Beach
Groundbreaking: February 2026 | Completion: 2028
Developers Related Group and BH Group broke ground this February on the city’s first branded luxury condo tower by the water. The 27-story project will feature 138 residences, all with east-facing ocean views. The purely residential project is more than 70% pre-sold.
Designed by Arquitectonica and with interiors by New York-based Rockwell Group, these stunning residences will reflect the highest expression of Ritz-Carlton in a boutique setting. Expect dedicated elevator access, custom Italian cabinetry, Sub-Zero and Wolf appliances, Hansgrohe fixtures, and pre-wired smart home technology. Units will range from 1,500 to 3,000 square feet.
Highlight amenities include a bayfront pool deck, a world-renowned spa, a fully equipped fitness and wellness center, a game lounge with golf simulator, a kids’ room, and coworking spaces. The waterfront building will also have two guest suites and curated works from the Jorge M. Pérez Contemporary Art Collection.
As an owner, you will also get access to the Ritz-Carlton’s most valued services, along with membership access to the Cove Club in West Palm Beach.
Prices for remaining units start at $3 million, with a choice of two- to four-bedroom residences. Contact us to schedule a private showing at the sales center and experience the residences firsthand.
— Fort Lauderdale & Palm Beach Condo Pre-Construction Market: Approved
8-story Condo at The Boca Raton – Boca Raton
Winning approval from Boca Raton’s Planning and Zoning Board, BDT & MSD Partners have the green light to proceed with an eight-story condo and three-story fitness center. Located within the grounds of The Boca Raton, the project will replace the resort’s golf maintenance facility.
Designed by Hart Howerton Partners, the residential tower will rise to 100 feet and feature 76 residences. Units are expected to average 2,500 square feet. The planned 31,700-square-foot fitness center will be thrice the size of the existing one.
The Boca Raton, formerly known as the Boca Raton Resort & Club, is a 100-year-old resort and private club at 501 East Camino Real, featuring more than 1,000 hotel rooms, two golf courses, a beach club, and a 32-slip marina.
— Fort Lauderdale & Palm Beach Condo Pre-Construction Market: Planned/Proposed
Two Luxury Condos by Jeff Greene – West Palm Beach
After reaching a land swap agreement with the city and agreeing to pay $6 million in exchange for height bonuses, billionaire developer Jeff Greene revealed plans to build two luxury condo towers. The developer envisions two towers rising up to 350 feet at 2175 and 2501 N. Flagler Drive.
Positioned for luxury buyers, the project will include about 170 condos averaging 4,000 square feet. The 15-year height bonus window provides flexibility to phase the development strategically.
As part of the land swap, Greene affiliates will give the city 0.86 acres of the 1.26-acre site at 2323 N. Flagler Drive, allowing for the Northwood Road extension into Currie Park. In return, the city will transfer 0.35 acres of Joel T. Daves Park to the developer.
— Fort Lauderdale & Palm Beach Condo Pre-Construction Market: Other Updates
Gaia Residences – Hollywood
Groundbreaking: 2026
Alta Developers has unveiled new renderings of the nearly two-acre amenity program at Gaia Residences, designed around wellness and sensory restoration. Latest visuals show an open-air fitness pavilion nestled within landscaped gardens, a social kitchen with gathering areas, and a water garden inspired by the Maldives' overwater villas.
Designed by CFE Architects, Gaia Residences will be 18 stories tall, with 238 attractively priced luxury residences. Units will range from 560 to 1,300 square feet, with interiors by ID & Design International. All common spaces will be furnished by RH. As a first buyer, you have the added advantage of choosing fully furnished interiors by the brand.
Other standout amenities include a rooftop terrace with a heated pool and cabanas, a sky lounge with a pool spa and a wet bar, alfresco dining areas, a coworking lounge, and a residents’ social club with a sports lounge and a media screening room.
As an owner, you will also have access to the full-scale wellness Aura Spa, complete with plunge pools, steam rooms, and private treatment suites. The fitness pavilion will include yoga, barre, and Pilates zones. You further get to enjoy exclusive membership to the Gaia Residences Beach Club.
Located at 401 North Federal Highway, the development will sit close to the Hollywood Beach Golf Club, which is undergoing a $15 million transformation. As an owner, you will receive a complimentary membership to the golf club.
Prices start in the $400,000s, with a choice of studios to three-bedroom residences. Contact us for more details on this competitively-priced project in the heart of Downtown Hollywood.
Shorecrest – West Palm Beach
Groundbreaking: Spring 2026 | Completion: 2027
After securing approval last December, developer Related Ross obtained a $157 million loan to construct its 306-foot condo at 1901 North Flagler Drive. With financing in place, the developer can now begin demolition and site prep.
Designed by Roger Ferris + Partners, the 28-story Shorecrest will feature a distinct curvilinear form, accentuated by a reflective glass facade. Units will range from 2,015 to 4,760 square feet, with no more than four per floor, and most offering uninterrupted views of the Intracoastal Waterway.
All 98 residences will feature interiors by New York’s Rottet Studio, complete with custom White Oak European millwork, freestanding soaking tubs in the primary baths, white oak wood plank flooring, and a home automation system.
Highlight amenities at the Shorecrest West Palm Beach will include a rooftop deck featuring a 75-foot pool and lounge areas, spa facilities, a fitness center in partnership with Equinox, a cocktail lounge, a private dining room, a game lounge, a golf simulator, and a coworking lounge. The LEED Gold-compliant tower will also feature a five-story podium with 204 parking spaces, providing more than two spots per unit.
Prices start at $3 million, with a choice of two- and three-bedroom residences.
— Fort Lauderdale & Palm Beach Condo Pre-Construction Market: Watchlist
Natiivo Fort Lauderdale – Fort Lauderdale (Scheduled for Auction)
Groundbreaking: 2025 | Completion: 2028
Natiivo Fort Lauderdale’s future is now in limbo following Newgard’s loss in its foreclosure lawsuit against lender Kushner Co. The 1.08-acre site at 200 W. Broward Boulevard, previously slated to host the short-term rental-friendly condo project, is now set to be auctioned in March.
As reported in our November 2025 update, Kushner had personally sued Newgard founder Harvey Hernandez over the alleged default of a $22.8 million loan. The Arquitectonica-designed project was set to rise 40 stories with 384 fully furnished residences featuring interiors by Pompano Beach-based IDDI.
Located at 200 W. Broward Blvd., the ready-to-Airbnb tower would be within walking distance of Brightline’s Fort Lauderdale station, making it a prime investment opportunity.
The developer has initiated the return of buyer deposits.
Phase II of the Marina Village Project – Riviera Beach
Riviera Beach officials are reviewing three competing bids for Phase II of the Marina Village project. The proposals come from Forest Development, Sonnenblick Development, and Related Urban Development Group. The public-private partnership for the waterfront project aims at attracting office and upscale retail tenants.
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Forest Development’s plan includes building 164 condos, 270 hotel rooms, office space, 44,000 square feet of retail space, 39,000 square feet of restaurants, and a convention center.
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Sonnenblick Development has proposed 270 residential units, two 150-room hotels, and 41,000 square feet of retail and dining space.
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Related Urban Development Group has submitted a plan for a hotel-condo project featuring 120 hotel rooms, 224 condos, 10 townhomes, and 24,000 square feet of waterfront retail.
The second phase builds on Phase I, which delivered a new event center and an expanded marina along the Intracoastal Waterway, complete with watersports facilities and 140 boat slips.
Fort Partners, Related Ross Gain Majority in Harbor Towers – West Palm Beach
Paying an average of $1.85 million per unit, Fort Partners and Related Ross now hold a majority stake in Harbor Towers & Marina Condo, owning 37 of the building’s 61 units. Built in 1986, the two-acre complex features a private marina and is perched across the Intracoastal from the Mar-a-Lago Club, making it a very attractive redevelopment opportunity.
This was all the news we had in store for our February 2026 pre-construction news roundup for Fort Lauderdale and Palm Beach. If you love staying on top of these types of news and trends in these areas, subscribe to this blog or our YouTube channel for monthly updates!