New Construction · West Palm Beach

New Construction in West Palm Beach: 5 Luxury Projects You Need to Know About (2026 Guide)

New Construction in West Palm Beach: 5 Luxury Projects You Need to Know About (2026 Guide)
Quick answer The five new construction luxury projects defining West Palm Beach right now are South Flagler House, Alba Palm Beach (plus its sister project Alba Reserve), Maison d'Or, Olara, and Forte on Flagler, spanning roughly $700,000 wellness studios to $20 million-plus penthouses along Flagler Drive.

If you’re asking which new construction projects actually matter in West Palm Beach right now, the answer comes down to five: South Flagler House, Alba Palm Beach, Maison d’Or, Olara, and Forte on Flagler. Each one is staking a claim on a different stretch of the city, from the billionaire’s corridor along Flagler Drive to the emerging Northwood waterfront, and each one is built for a different kind of buyer. This is the honest breakdown of what’s actually going up, what it costs, and who it’s really for.

West Palm Beach has become the default answer for buyers who want Palm Beach proximity without Palm Beach Island prices, and the new construction pipeline reflects that. Builders aren’t guessing. They’re responding to demand from South Florida relocators, Northeast transplants, and downsizing empty nesters who want turnkey, amenity-rich living within walking distance of Clematis Street, the Norton Museum, and the Intracoastal. If you’re weighing West Palm Beach against nearby markets, it helps to read West Palm Beach vs Palm Beach Gardens: City Energy or Suburban Comfort? alongside this guide, because where you buy new construction inside the city changes the lifestyle you’re actually signing up for.

New Construction in West Palm Beach: 5 Luxury Projects You Need to Know About

Here’s the shortlist, in order of how far along each project is:

  1. Alba Palm Beach (delivering Spring 2026, 95 percent sold), boutique waterfront tower in Northwood
  2. South Flagler House (under construction, topped out November 2025, delivery 2026/2027), the flagship ultra-luxury tower on Flagler Drive
  3. Olara (under construction), wellness-centered condo living near downtown
  4. Forte on Flagler (in development), boutique addition to the Flagler Drive corridor
  5. Maison d’Or (pre-construction, est. 2028), 39-residence ultra-exclusive tower on South Flagler Drive

Two of these, Alba Palm Beach and its sister project Alba Reserve, are effectively expanding the same stretch of waterfront, so we’ll cover them together. Below is what buyers actually need to know about each one, not marketing copy.

South Flagler House: The Flagship on the Southern Tip of Flagler Drive

South Flagler House is the project that reset expectations for what “luxury” means in West Palm Beach. Built by Related Ross (the same Related Companies behind major Miami developments), it sits at the southern tip of Flagler Drive with unobstructed, wide Intracoastal views facing Palm Beach Island and the Atlantic beyond it.

The numbers:

  • 105 residences across two 28-story towers
  • Prices from $5,900,000 to more than $20,000,000
  • Topped out November 2025, with delivery scheduled for 2026/2027
  • Designed by Robert A.M. Stern Architects, the firm behind some of the most recognizable prewar-style towers in New York and South Florida

South Flagler House isn’t competing with mid-market new construction. It’s competing with Palm Beach Island itself, offering island-adjacent views and Robert A.M. Stern’s signature classical architecture without needing to cross the bridge. The amenity package leans into private wellness spas and athletic clubs rather than a single rooftop pool, which tells you who they’re building for: buyers who already own multiple properties and expect resort-level service as a baseline, not a bonus.

If you’re comparing this level of buyer against what draws people to West Palm Beach generally, What It’s Actually Like to Live in West Palm Beach: Lifestyle, Culture & Daily Life is worth reading, because South Flagler House buyers are often relocating from markets where this price point buys a fraction of the space and none of the waterfront access.

Alba Palm Beach and Alba Reserve: Northwood’s Billionaire’s Corridor

Northwood used to be a sleeper neighborhood. It isn’t anymore. Alba Palm Beach, built by BGI Companies and Blue Road, sits at 4714 North Flagler Drive directly on the west bank of the Intracoastal Waterway, in what’s now being called West Palm Beach’s “billionaire’s corridor.”

The numbers:

  • 59 total units: 55 boutique residences across a 22-story tower, plus 4 custom townhomes
  • Prices from $2,500,000 to $10,660,000
  • 95 percent sold as of mid-2026
  • Delivery scheduled Spring 2026
  • Designed by Spina O’Rourke + Partners
  • Funded via an $82 million construction loan from Trez Capital

What sets Alba Palm Beach apart from South Flagler House is scale and intimacy. Fifty-nine units total is a boutique count for a waterfront tower, and it shows in the amenity approach: a private dock, and a genuinely unusual gourmet pantry partnership with the Chèvre shop, rather than a generic clubroom. At 95 percent sold with delivery just months away, this is effectively a closed book for buyers looking for a primary unit, though resales will start surfacing once the first wave of owners closes.

Alba Reserve is the expansion phase next door, still in pre-construction with an estimated 2028 completion. It starts from $5,700,000 for 87 residences, positioned as the next chapter of the same Northwood waterfront push. If Alba Palm Beach is sold out by the time you’re reading this, Alba Reserve is where that same buyer pool is heading next, at a meaningfully higher price floor.

Northwood’s rise matters beyond these two towers. It’s a sign of where new construction demand is migrating within the city, which ties directly into questions buyers ask us constantly: Best Neighborhoods in West Palm Beach: An Honest 2026 Breakdown covers how Northwood stacks up against El Cid, SoSo, and the South End for buyers weighing new construction against established, walkable neighborhoods.

Maison d’Or: The Boutique Ultra-Luxury Play

Maison d’Or is the smallest and most exclusive of the five, and it’s not trying to hide that. Built by Perko Development in partnership with Kolter Urban, this 19-story tower on South Flagler Drive holds just 39 residences total.

The numbers:

  • 39 residences, 19 stories
  • Prices from $5,700,000
  • Pre-construction/presale phase, estimated completion 2028
  • Amenities include a private movie theater, resident pool, dog spa, and a penthouse reportedly around 10,000 square feet

At 39 units in a 19-story building, Maison d’Or is deliberately low-density for its footprint, which is the entire pitch: fewer neighbors, more privacy, and amenities built around a smaller, wealthier resident base rather than a building-wide crowd. The dog spa and private theater aren’t filler amenities, they’re signals about who’s buying here: full-time or near-full-time residents who want their building to function more like a private club than a condo association.

Because Maison d’Or is still pre-construction with a 2028 estimated completion, buyers are working off renderings and a sales gallery, not a finished product. That’s standard for this stage of the West Palm Beach pipeline, but it means deposit structure and developer track record matter more here than at Alba Palm Beach, which is nearly delivered.

Olara: Wellness-Driven Condo Living Near Downtown

Olara takes a different approach than the three waterfront towers above it. Developed with wellness as the organizing principle rather than an amenity add-on, Olara is positioned closer to downtown along the Australian Avenue corridor rather than directly on Flagler Drive, and it targets a broader range of buyers, including full-time residents who want biophilic design, spa-grade wellness amenities (think redwood sauna, cold plunge, and recovery-focused fitness), and a calmer, more residential feel than the ultra-luxury waterfront towers.

Pricing at Olara has historically opened well below the Flagler Drive projects, with studio and one-bedroom layouts positioned as an entry point into new construction in West Palm Beach for buyers who aren’t chasing Intracoastal views but do want new-build quality, walkability, and wellness-first amenities. As with any pre-construction or in-progress project, confirm current pricing and availability directly with the sales team before assuming older published numbers still hold. Construction timelines and unit mixes shift, and Olara has moved through phases since it was first announced.

Olara matters for this list because it proves West Palm Beach’s new construction wave isn’t only about $10 million penthouses. There’s a real, growing segment of buyers who want new construction quality without waterfront pricing, and Olara is the clearest example of a builder targeting that gap intentionally.

Forte on Flagler: The Newest Name on the Corridor

Forte on Flagler is the newest addition to the same South Flagler Drive corridor that’s home to South Flagler House and Maison d’Or. As a newer entrant to this stretch, it’s positioning itself as a boutique alternative on the corridor, competing for the same buyer pool that’s watching Flagler Drive become one of the most concentrated new construction luxury corridors in South Florida.

Because Forte on Flagler is earlier in its public rollout than the other four projects on this list, treat any pricing or unit-count figures you see with caution and verify directly with the developer or a local agent before making decisions based on them. What we can say with confidence: its presence confirms the trend. Flagler Drive itself, not just individual towers, is becoming the address. Every new project announced on this corridor pushes land values and buyer expectations for the entire stretch higher, which is worth knowing whether you’re buying pre-construction or shopping resale nearby.

What Buyers Need to Know Before Buying Pre-Construction in West Palm Beach

New construction luxury condos aren’t purchased like resale homes, and the differences catch first-time luxury buyers off guard more often than they should.

Deposit structure

Most pre-construction towers in West Palm Beach require deposits in stages, typically 20 to 50 percent of the purchase price paid incrementally as construction milestones are hit, rather than the 20 percent down and a mortgage structure buyers expect from resale purchases. Confirm the exact schedule for each project, since it varies by developer and by how far along construction already is. Alba Palm Beach, at 95 percent sold and months from delivery, has a very different remaining deposit exposure than Maison d’Or, which just started collecting reservations for a 2028 delivery.

HOA and building fees, not CDD

Unlike new construction communities further west that often carry CDD (Community Development District) bonds on top of HOA dues, these are urban condo towers. There’s no CDD here. Instead, budget for condo association fees that fund staffing, insurance, and amenity upkeep, which run meaningfully higher at ultra-luxury towers with 24/7 concierge and private dock access than at a standard condo building. Ask for the projected budget before you sign, not after.

Construction and delivery risk

Every pre-construction project on this list carries some timeline risk. South Flagler House topping out in November 2025 is a strong signal it will deliver close to its 2026/2027 window. Maison d’Or and Alba Reserve, both still in presale with 2028 estimates, carry more uncertainty simply because more of the building hasn’t been built yet. This isn’t a reason to avoid pre-construction, it’s a reason to weigh delivery date against your actual timeline for moving or occupying the unit.

Financing pre-construction condos

Financing pre-construction is different from financing a resale purchase, and not every lender handles it the same way. If this is your first time buying new construction at this price point, it’s worth reading First-Time Buyer’s Guide to West Palm Beach: What to Know Before You Start even if you’re well past first-time buyer status income-wise, because the process mechanics (deposits, construction loans, closing timing) apply regardless of price bracket.

Where These Five Projects Fit on the West Palm Beach Map

Geography matters more than the renderings suggest. South Flagler House and Maison d’Or sit on South Flagler Drive, walking distance to the Norton Museum and a short drive to the South End. Forte on Flagler is joining that same corridor. Alba Palm Beach and Alba Reserve are a few minutes north, in Northwood, which has its own emerging identity separate from downtown. Olara sits closer to the Australian Avenue corridor nearer downtown proper.

That geographic spread means these aren’t interchangeable options. A buyer choosing between South Flagler House and Alba Palm Beach isn’t just choosing a price point, they’re choosing between the established South Flagler prestige address and the newer, still-forming Northwood waterfront identity. If school-aged kids factor into the decision at all (less common at these price points, but not unheard of for full-time family buyers), West Palm Beach Schools: What Families Need to Know Before Buying is worth a look before you commit to a specific corridor.

It’s also worth stepping back and asking whether West Palm Beach is the right metro at all before drilling into which tower. Is West Palm Beach a Good Place to Live? An Honest 2026 Review and West Palm Beach vs. Boca Raton: Which Is Right for You? both address that question directly, and they’re the right starting point if you’re still comparing West Palm Beach against other Palm Beach County or Broward markets before narrowing in on new construction specifically.

The Bottom Line

West Palm Beach’s new construction luxury market in 2026 isn’t one thing, it’s five distinct plays on the same stretch of waterfront. South Flagler House is the flagship, betting on Robert A.M. Stern architecture and unobstructed Intracoastal views at prices from $5.9 million. Alba Palm Beach and Alba Reserve are staking Northwood’s claim as the next billionaire’s corridor. Maison d’Or is going smaller and more exclusive, betting 39 buyers will pay for genuine privacy. Olara is the wellness-first entry point for buyers who want new construction without waterfront pricing. And Forte on Flagler is the newest name proving the corridor itself, not any single tower, is becoming the real story.

None of these are commodity purchases. Whichever one fits your budget and timeline, verify current pricing, sold-out status, and delivery dates directly before you commit, because these numbers move fast in an active market. If you’re weighing new construction against West Palm Beach’s broader resale market, West Palm Beach Real Estate Market 2026: Prices, Trends & What Buyers Need to Know lays out how these luxury towers are pulling the entire city’s price ceiling upward, and what that means if you’re buying anywhere else in the market at the same time.

If you’re actively relocating and trying to figure out where a project like this fits into your broader move, start with moving-to-west-palm-beach-2026 and then reach out. Tell me your price range and which corridor you’re drawn to, Flagler Drive, Northwood, or downtown near Olara, and I’ll walk you through what’s actually available right now versus what’s already sold out.

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Straight answers

Frequently Asked Questions

What is the most expensive new construction project in West Palm Beach right now?

South Flagler House, built by Related Ross at the southern tip of Flagler Drive, tops the list with prices from $5.9 million up to more than $20 million for its largest residences across two 28-story towers.

Is there a more affordable entry point into new construction in West Palm Beach?

Yes. Wellness-focused developments like Olara and select layouts at Alba Palm Beach open closer to the $2.5 million range on the luxury side, while non-waterfront new construction elsewhere in West Palm Beach starts well below that, so budget and location trade-offs matter.

When will these West Palm Beach luxury condo towers actually be finished?

Timelines vary by project. Alba Palm Beach is delivering Spring 2026 at 95 percent sold, South Flagler House is targeting 2026 to 2027 after topping out in November 2025, and Maison d'Or and Alba Reserve are pre-construction with estimated 2028 completions.

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