Related Companies Purchases South Flagler House
South Flagler House East Elevation
WEST PALM BEACH, FLORIDA (August 18, 2023) – Related Companies today announced the purchase of the development site for South Flagler House, located along the Gold Coast in West Palm Beach, Florida, from global real estate development firm Hines and Palm Beach-based real estate investment firm Frisbie Group. The deal, which closed today, is an exciting milestone for South Flagler House, which will offer an unparalleled luxury residential experience in the Palm Beaches. Related Companies will lead the development of the project which will continue their longstanding partnership with the globally renowned architecture firm, Robert A.M. Stern Architects (RAMSA), spanning more than two decades and 17 buildings across the country. One of the country’s top agents, Suzanne Frisbie, will continue leading sales.
South Flagler House will be RAMSA’s first luxury residential high-rise in Florida with interiors by Pembrooke & Ives. South Flagler House features two elegant, 28-story structures rising from a base lined with stepped gardens. The architecture will blend with the timeless character of Palm Beach, while celebrating a prime waterfront location just south of downtown West Palm Beach providing permanent unobstructed views of the Intracoastal and Atlantic Ocean.
“For three generations, the Frisbie family has worked to elevate West Palm Beach through a variety of significant developments. The vision for South Flagler House continues this tradition, aiming to set a new standard for luxury living along the Gold Coast, and we believe Related is uniquely positioned to deliver this landmark building.”
Robert Frisbie Jr.
“We are proud of what Frisbie Group and Hines have accomplished over the last three years, creating a vision for what will be a city-defining project for West Palm Beach,” said Michael Harrison, Senior Managing Director of Hines. “We began working on this project in early 2020 and are excited for the next phase in its evolution. This great outcome will allow Hines to continue to invest in the growth of our South Florida platform, and allows us to shift our focus to other compelling development and acquisition opportunities across the region at this point in the cycle,” said Juan Jacobus, Managing Director of Hines, based in South Florida.
"At Frisbie Group, we invest in communities where we can make a positive impact and proactively enhance the quality of life for residents and businesses. We know that going forward South Flagler House will become one of the most highly regarded residential condominium projects, setting a new standard for quality and luxury, and contributing to the revitalization of this critical location.”
Cody Crowell
South Flagler House motor court entrance along the north facade
Residents enter South Flagler House through a tree-lined, 360-foot private driveway, which leads to a circular motor court with a stunning fountain at its center. Residents are greeted by both a doorman and valet, before entering a dramatically-scaled, light-filled lobby staffed by a 24-hour attendant and concierge. The residences at South Flagler House are expansive in scale with high ceilings, oversized windows, and private outdoor spaces. The interiors are designed by Pembrooke & Ives to showcase the homes’ extensive layouts and spectacular views.
South Flagler House pedestrian entrance along the south facade
Residents will have access to The Related Life including a wide array of amenities, services and programming similar to those found at the most exclusive private members clubs around the world. Sports and Fitness amenities include a pickleball court and lounge, outdoor sports lounge cabana, state-of-the-art fitness center, pilates studio, golf simulator lounge, outdoor recreation lawn area, yoga studio and outdoor yoga lawn, high-intensity interval training lawn and private training studio. Swim and Spa amenities include a 25-meter lap pool, sun shelf pool, hot tub and spas that feature vitality pools, ice plunges, steam, sauna, beauty treatment rooms and changing/locker rooms. Social and Entertaining amenities include indoor and outdoor lounges, events room with catering kitchen, private dining rooms, outdoor dining patio, sunset outdoor terrace, wine cellar dining room, library, media room, card game room, and games room which includes ping pong, billiards and foosball. Business amenities include a business center, private offices, conference rooms, outdoor meeting spaces and co-working spaces. Children’s Recreation amenities include an indoor playroom, children’s lounge with kitchenette, craft room and outdoor sprinkler garden.
South Flagler House features two- to five-bedroom residences with pricing starting at $7.5 million. Construction is expected to start in 2024.
Contact: Ashley Frisbie
Frisbie Group | 561.717.9803
ashley@frisbiegroup.com
221 Royal Poinciana Way, Suite 1
Palm Beach, FL 33480