In This Report
Three Models, One Downtown
Mr. C Residences runs under the Cipriani family's flag, a condo-hotel with its Bellini dining venues, so the residence and the hotel operation share one address. Nora House is the first condominium offered for sale in the Nora warehouse district, betting on the street outside its lobby. Banyan Tree Residences is the group's first American residential address, a corner near CityPlace with an entire level kept for wellness. The county pipeline counts twelve luxury projects in the city, and these three show how different the models have become.

Banyan Tree Against Mr. C
The clearest contrast pairs the two hospitality names. Both sell a brand along with a residence, and they mean different things by it. At Mr. C the hotel is the point. The building operates as a condo-hotel, and ownership can plug into a rental program when the owner is away. At Banyan Tree the hotel stays elsewhere. Owners hold private homes and carry Sanctuary Club privileges honored at Banyan properties, while the tower's published program is residential.
Sources: the developers' published materials and our new-development records, September 2026.
The District Case
Nora House stands apart from both because its argument is the neighborhood. The Ronto Group heads the venture, joined by NDT Development, Wheelock Street Capital and Place Projects. Swedroe Architecture drew the building, 11 stories holding 117 homes at 1105 North Dixie Highway, with commercial space of about 18,900 square feet at street level. Six guest suites, a golf simulator, pickleball, bowling and a pool share the roof. Pricing was stated at $2M to $6.5M on the district's own site, with groundbreaking targeted for the middle of 2027 and completion for 2029.
Where the Prices Overlap
Price does not separate the three. Banyan Tree was reported from $1.9M and Nora House from $2M, an overlap of a hundred thousand dollars at the entry. Mr. C's current sheet lives at its gallery and on its page, and this report does not restate it. A buyer with roughly $2M can consider all three, so the choice runs on model rather than budget.
- $1.9M · Banyan Tree entry
- $2M · Nora House entry
- $6.5M · Nora House top
Sources: the developers' reported 2026 pricing. Mr. C Residences pricing is not restated in our record.
Sources: the developers' published materials and our new-development records
Which Buyer Each Serves
The sorting follows from the models, not from any ranking. A buyer who wants hotel operations attached to the residence and a rental path when away is describing Mr. C. A buyer backing a neighborhood's rise, at mid-rise scale with the district as the amenity, is describing Nora House. Banyan Tree fits the buyer who wants a private home organized around wellness, with a brand relationship that travels. All three can be right, for three different people, in the same season downtown.
Our American debut study tells the story behind the wellness flag. The pipeline page tracks all sixteen county projects as they move.


Bottom Line
The choice downtown is between three models of ownership. Mr. C sells a condo-hotel under the Cipriani name. Nora House offers its district, 117 homes from a reported $2M. At Banyan Tree the product is wellness and a corner for all 88 homes, from a reported $1.9M, with both it and Nora House targeting 2029. Read the models first and the price sheets second.
For a buyer sorting the downtown field: Ask us for the three project files in one sitting. Seeing the contracts, programs and timelines side by side settles most of the question before any gallery visit.
Banyan Tree facts come from the developer's announcement in March 2026 and from the approval reporting that August. Nora House facts follow its March 2026 launch materials and the district's published site, with the developer's stated $2M to $6.5M range used over a lower press figure. Mr. C facts follow our new-development records, and its pricing and unit count are not restated here. All three projects are new construction, and this report restates no closing for any of them. Development details follow the developers' published materials as of September 2026 and are subject to change.
This is a comparison of published project models, not investment advice.
Developer announcements and approval coverage for Banyan Tree Residences from PR Newswire, Profile Miami, The Real Deal, Stet News and Florida YIMBY.
Nora House launch materials and norawpb.com.
Palm Beach Luxury new-development records and the buildings' pages.
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