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Downtown West Palm Beach, Florida
Banyan Group brings its first American residences to downtown West Palm Beach, a 25 story tower by Mast Capital and Curated JCZM Development with architecture by OMA. Every one of the 88 homes is a corner unit with wraparound terraces, and a full floor is given to wellness. Asking prices were reported from $1.9M, with completion targeted for 2029.
The Building
Banyan Tree Residences brings the hospitality group’s first American homes to downtown West Palm Beach, a 25 story tower with 88 residences one block from CityPlace. Mast Capital and Curated JCZM Development are building it with Banyan Group, with architecture by OMA with Corwil, interiors by Yabu Pushelberg and landscape by Enzo Enea.
Every home is a corner unit with wraparound terraces, one to four bedrooms plus penthouses, and asking prices reported from $1.9M. The city’s Downtown Action Committee approved the tower unanimously in August 2026, with completion targeted for 2029. Development details are from the developer’s published materials as of August 2026 and are subject to change.
| Address | 400 Hibiscus Street, one block from CityPlace |
|---|---|
| Residences | 88, one to four bedrooms plus penthouses, every home a corner unit |
| Stories | 25 |
| Developer | Mast Capital and Curated JCZM Development, with Banyan Group |
| Design | OMA with Corwil, interiors by Yabu Pushelberg, landscape by Enzo Enea |
| Delivery | Targeted for 2029, approved August 2026 |
| Sales gallery | Douglas Elliman Development Marketing, at the site |
The tower rises at 400 Hibiscus Street, one block from CityPlace in downtown West Palm Beach. The district's restaurants and shops sit within a short walk of the lobby.
The city's Downtown Action Committee approved the design unanimously in August 2026, a clean pass for a tower of this scale downtown.
Banyan Group is an Asian hospitality icon, and it chose downtown West Palm Beach for its American residential debut. The bet is wellness first. A full floor holds the spa, a meditation dome and garden, a hammam, cryotherapy and a cold plunge.
Owners also carry Sanctuary Club privileges across Banyan's hotels, which keeps the building tied to the wider brand.
Side by side
Market data is pulled live from the MLS on a trailing twelve-month basis, across all property types. Development details below are reference.
View All New Developments →Pre-Construction Intelligence
Release phases, pricing tiers, and developer updates for Banyan Tree Residences - early-stage intelligence for buyers evaluating this new development before broader market exposure.
Mr. C is a condo-hotel, Nora House a district mid-rise, Banyan Tree a wellness flag. Three downtown models at overlapping entry prices, compared side by side on the published record.
Read More : Banyan Tree Against the Downtown Towers
Banyan Tree Residences sells at approval stage: a cleared tower, a 2029 target and a developer's contract carrying the weight. This guide walks the fifteen day window, the Sanctuary Club terms and the wellness floor's budget.
Read More : Before You Buy at Banyan Tree Residences in West Palm Beach
Banyan Group's first American residences land at 400 Hibiscus Street: an OMA tower of 88 corner homes on 25 stories. Cleared unanimously in August 2026, reported from $1.9M, targeted for 2029.
Read More : Banyan Tree Chose West Palm Beach for Its American DebutAlso on this subject
Common Questions
The first Banyan Tree residences in the United States, a 25 story downtown tower with 88 homes by Mast Capital and Curated JCZM Development with Banyan Group. Every home is a corner unit with wraparound terraces. Completion is targeted for 2029.
Asking prices were reported from $1.9M in 2026, across one to four bedroom residences plus penthouses. Preconstruction pricing moves with each release, and the sales gallery confirms current figures.
At 400 Hibiscus Street in downtown West Palm Beach, one block from CityPlace. The address puts the district’s restaurants and shops at the door, with the rest of downtown a short walk away.
A full floor is given to wellness, with a spa, a meditation dome and garden, a hammam, cryotherapy and a cold plunge. Owners also carry Sanctuary Club privileges across Banyan’s hotels.
Buyers contract directly with the developer and place deposits on a schedule set in the contract, and the sales gallery confirms current terms. Douglas Elliman Development Marketing runs sales from a gallery at the site, and we represent buyers through the process.
Both offer new construction in West Palm Beach, and the split is identity. Banyan Tree Residences is the downtown answer, wellness led, all corner units, with a hotel brand behind it. See South Flagler House for the alternative, and we can walk through both.
We'd welcome the conversation.
