Ross Partners Launch Fourth West Palm Beach Condo Tower
Stephen Ross's Related Ross teams up with L&L Holding Company and 13th Floor Investments for a new residential development downtown. The project will feature 100 to 130 condominium units on Fern Street facing South Quadrille Boulevard.
Stephen Ross is expanding his condominium development footprint in West Palm Beach through a new partnership with L&L Holding Company and 13th Floor Investments. The collaboration marks the fourth condo project for Ross in the rapidly growing South Florida city.
The upcoming development will rise at 418 and 464 Fern Street, positioned along South Quadrille Boulevard in West Palm Beach's downtown core. Plans call for between 100 and 130 condominium units, adding significant residential inventory to the area's housing market.
Related Ross, the development arm led by Miami Dolphins owner Stephen Ross, brings extensive experience in luxury residential projects throughout South Florida. The firm has been particularly active in West Palm Beach, recognizing the city's transformation into a major business and residential hub.
L&L Holding Company contributes substantial development expertise to the venture, with a portfolio spanning multiple markets and property types. The New York-based firm has been expanding its presence in Florida's booming real estate sector.
13th Floor Investments rounds out the partnership, bringing additional capital and development capabilities to support the project's execution. The collaboration combines three firms with complementary strengths in financing, development, and market knowledge.
West Palm Beach has experienced remarkable growth in recent years, attracting businesses and residents from higher-cost markets. The city's downtown area has become increasingly attractive to developers seeking opportunities in mixed-use and residential projects.
The Fern Street location offers proximity to West Palm Beach's central business district, cultural attractions, and transportation infrastructure. South Quadrille Boulevard provides direct access to major thoroughfares connecting residents to broader Palm Beach County.
This development continues a broader trend of high-profile developers investing in West Palm Beach's residential market. The city's appeal stems from its combination of urban amenities, waterfront access, and business-friendly environment.
Florida's population growth has created sustained demand for new housing across price points and property types. West Palm Beach particularly benefits from its position between Miami's urban density and more suburban markets to the north.
The partnership structure reflects current market dynamics, where developers often collaborate to share risks and combine resources for larger projects. Such arrangements have become increasingly common as construction costs and financing requirements continue rising.
Project timelines and pricing details have not been disclosed, though the development team's track record suggests delivery of a high-quality residential product. The combination of experienced partners and prime location positioning creates strong fundamentals for market success.
