Banyan Tree Residences, West Palm Beach, FL Homes for Sale

Discover the Lifestyle of Banyan Tree Residences Homes

Banyan Tree Residences is a planned luxury condominium development at 400 Hibiscus Street in downtown West Palm Beach, Florida. Located near CityPlace and the Intracoastal Waterway, the project combines contemporary architecture, private residential spaces, and a wellness-focused approach to condominium living. With restaurants, shopping, cultural attractions, and waterfront recreation nearby, the development brings a new residential concept to the heart of the city.

The 88-residence tower marks the first residential development in the United States under the Banyan Tree hospitality brand. Every condominium is designed as a corner residence, providing multiple exposures, natural light, and expansive views of the surrounding city and waterways. Buyers exploring Banyan Tree Residences Homes for Sale can discover a new-construction opportunity that emphasizes architectural design, outdoor living, and convenient access to downtown West Palm Beach.

About Banyan Tree Residences

Banyan Tree Residences is planned for the corner of Hibiscus Street and South Dixie Highway, approximately one block from CityPlace. The development is a collaboration between Mast Capital, Curated JCZM Development, and Banyan Group.

The tower will feature 88 condominium residences, including a collection of penthouses. Floor plans range from one to four bedrooms, with private outdoor terraces and layouts designed to take advantage of each residence’s corner position. The building’s architectural concept incorporates two distinct forms, creating a recognizable addition to the downtown skyline.

Architecture is being led by OMA, the international firm founded by Rem Koolhaas, with interiors designed by Yabu Pushelberg and landscape architecture by Enea Landscape Architecture. The residential interiors emphasize natural materials, contemporary finishes, and a connection between indoor and outdoor spaces.
The property’s location also places residents near Clematis Street, the West Palm Beach waterfront, the Brightline station, and the Royal Park Bridge connecting downtown West Palm Beach with Palm Beach.

History of Banyan Tree Residences

Banyan Tree Residences was publicly introduced in March 2026 as the first United States residential project associated with Banyan Group’s flagship Banyan Tree brand. The announcement brought together the hospitality company and development partners Mast Capital and Curated JCZM Development.
The project reflects the continued transformation of downtown West Palm Beach, where new condominium buildings, offices, restaurants, and public spaces have expanded the residential landscape in recent years.

In August 2026, West Palm Beach’s Downtown Action Committee approved the proposed tower design. The development has been presented as a condominium building of approximately 25 stories, with 88 residences and ground-level commercial space.

Residential sales launched in 2026, with completion currently targeted for 2029. As with other preconstruction developments, construction schedules and delivery dates remain subject to change.

Amenities

Banyan Tree Residences is designed around a collection of private wellness, recreation, and hospitality-inspired spaces. The proposed amenities will occupy multiple levels of the building, with a dedicated wellness sanctuary forming a central part of the residential experience.

Planned private amenities include:

• Resort-style swimming pool and outdoor lounge areas
• Dedicated spa and wellness facilities
• Fitness and exercise spaces
• Meditation and relaxation areas
• Hammam and hydrotherapy facilities
• Cold plunge and cryotherapy experiences
• Private residents’ club and social spaces
• Screening room
• Golf simulator
• Concierge and residential hospitality services
• Landscaped outdoor gathering areas

The development also incorporates Banyan Tree’s broader hospitality philosophy, with certain brand-related privileges anticipated for eligible residence owners. Specific services, membership benefits, and access conditions will depend on the final residential and program documents.

Beyond the building, residents will have access to several nearby public and commercial destinations:

• CityPlace: Shopping, restaurants, entertainment, and public gathering spaces
• Clematis Street: Downtown dining, nightlife, and local businesses
• West Palm Beach Waterfront: Walking paths, public events, and views across the Intracoastal Waterway
• Norton Museum of Art: Exhibitions and cultural programming south of downtown
• Palm Beach: Beaches, Worth Avenue shopping, and additional waterfront destinations across the Intracoastal

These nearby destinations are separate from the private amenities planned within Banyan Tree Residences.

Key Details

• Community type: Luxury high-rise condominium development
• Property type: Condominiums and penthouses
• Address: 400 Hibiscus Street, West Palm Beach, FL 33401
• Location: Downtown West Palm Beach, near CityPlace
• Total residences: 88
• Building height: Approximately 25 stories
• Residence layouts: One to four bedrooms, plus penthouses
• Residential design: Corner residences with private terraces
• Developers: Mast Capital and Curated JCZM Development, in collaboration with Banyan Group
• Architecture: OMA, with Corwil Architects
• Interior design: Yabu Pushelberg
• Landscape architecture: Enea Landscape Architecture
• Development status: Approved preconstruction condominium development
• Sales status: Sales launched in 2026
• Anticipated completion: 2029, subject to change
• Condominium association: Final fees and governing documents should be confirmed before purchase
• Major nearby roads: South Dixie Highway, Okeechobee Boulevard, South Olive Avenue, and Flagler Drive

Nearby Communities

Two City Plaza is an established condominium building at 701 South Olive Avenue in downtown West Palm Beach. Located just south of Banyan Tree Residences, it offers existing high-rise condominium homes with convenient access to restaurants, shopping, and the waterfront.

CityPlace South Tower is a condominium community at 550 Okeechobee Boulevard, close to the CityPlace shopping and entertainment district. It provides an established residential alternative for buyers comparing downtown locations and condominium living.

The Bristol is a luxury waterfront condominium building at 1100 South Flagler Drive, overlooking the Intracoastal Waterway. Its larger residences and direct waterfront setting provide a different option for buyers considering luxury condominium properties in West Palm Beach.

Work with Echo Fine Properties

Explore Banyan Tree Residences and available luxury condominiums throughout downtown West Palm Beach with Echo Fine Properties. Our team can help buyers compare floor plans, preconstruction opportunities, existing residences, and ownership considerations as additional details become available.

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