West Palm Beach Unveils $350M 'Private Club West' Development
Locales: Florida, UNITED STATES

West Palm Beach, FL - February 19th, 2026 - A bold new vision for West Palm Beach's waterfront is taking shape as Related and Ross Development Fund unveil plans for 'Private Club West,' a $350 million luxury development poised to redefine exclusivity in South Florida. The ambitious project, announced earlier this week, will revitalize a 22-acre parcel at 833 Okeechobee Blvd, transforming a currently underutilized area into a haven for affluent residents and yachting enthusiasts.
Currently home to the Palm Beach National Bank building and surrounding properties, the site will be completely reimagined. While the exact demolition timeline remains unconfirmed, the project signals a significant shift in the city's development strategy, moving further towards a high-end, amenity-rich lifestyle offering. This isn't just about building residences; it's about curating an exclusive experience.
'Private Club West' will feature a mix of luxury residences, details of which are still emerging, designed to cater to discerning tastes. However, the centerpiece of the development is undoubtedly the state-of-the-art yacht marina. Boasting 80 slips, the marina will be equipped to accommodate a variety of vessels, from sleek day cruisers to impressive superyachts, catering to a demographic passionate about on-the-water living. The addition of this marina is expected to significantly boost the local marine industry, drawing in both domestic and international yacht owners.
The development isn't solely focused on nautical pursuits, though. A substantial clubhouse, envisioned as a social hub for members, will offer a range of recreational amenities. While specifics haven't been released, sources suggest plans include fine dining options, a spa, fitness center, and potentially even private event spaces. This emphasis on lifestyle amenities indicates a desire to create a true 'members club' atmosphere, fostering a sense of community amongst residents and yacht owners.
Economic Impact and Waterfront Revitalization
The project's $350 million investment is expected to have a substantial economic impact on West Palm Beach. Beyond the immediate construction jobs, 'Private Club West' will generate ongoing employment opportunities in hospitality, maintenance, and marine services. Increased property values in the surrounding area are also anticipated, contributing to the city's tax base. The revitalization of this particular stretch of the waterfront, often considered a less attractive area, is a key component of the city's broader plan to enhance its appeal as a premier destination.
This development follows a recent trend of luxury waterfront projects in South Florida, driven by an influx of high-net-worth individuals relocating from northern states and international locations. Cities like Miami, Fort Lauderdale, and Palm Beach have already experienced significant growth in this sector, and West Palm Beach is now positioning itself to capture a share of this lucrative market.
Challenges and Considerations
While the project is largely being viewed positively, potential challenges remain. The demolition of existing structures and the scale of the construction will undoubtedly cause temporary disruptions. Furthermore, integrating the new development into the existing urban fabric and ensuring public access to the waterfront remain important considerations. Local residents have expressed a need for maintaining the character of the area while welcoming development, and the developers will need to address these concerns proactively.
Another potential hurdle lies in securing the necessary permits and approvals from local authorities. West Palm Beach has a rigorous review process for large-scale developments, and 'Private Club West' will need to demonstrate compliance with all zoning regulations and environmental standards. The project's impact on marine life and water quality will likely be scrutinized closely.
Looking Ahead
Despite these potential challenges, the future looks bright for 'Private Club West.' The partnership between Related and Ross Development Fund brings together a wealth of experience and a proven track record of delivering successful developments. As construction progresses and more details are revealed, this project promises to significantly elevate West Palm Beach's profile as a luxury destination and reshape its waterfront landscape. While timelines for construction and completion are currently unavailable, industry analysts predict a phased rollout, with the marina potentially opening before the residential component. The anticipation is building, and West Palm Beach is bracing for a new era of upscale waterfront living.
Read the Full Palm Beach Post Article at:
[ https://www.palmbeachpost.com/story/business/real-estate/2026/01/15/related-ross-private-club-west-palm-beach-waterfront-marina/88142724007/ ]