Project Snapshot
Pre-Construction400 Hibiscus Street, West Palm Beach, FL 33401
Branded luxury condominium
88 residences
25 stories
from ~$1.9M
Targeted 2029
Mast Capital and Curated JCZM Development, with Banyan Group
Every claim on this page links to a dated public source, verified October 2026.
This site has no live MLS feed. To confirm availability at Banyan Tree Residences West Palm Beach with Kelby, use the current listings page at /listings/, the booking calendar, or a direct call.
All of West Palm BeachThe project in brief
Banyan Tree Residences West Palm Beach at a glance.
Banyan Tree Residences West Palm Beach is the first U.S. residential project from Singapore-based Banyan Group, planned as a 25-story tower with 88 residences at 400 Hibiscus Street in downtown West Palm Beach, one block east of CityPlace. The developers are Miami's Mast Capital and Curated JCZM Development, with the Banyan Tree brand attached in partnership with Banyan Group. The city's Downtown Action Committee approved the project in August 2026, and it remains in pre-construction, with construction expected to begin in 2027 and completion targeted for 2029.
Status vocabulary: Unverified, Under Construction, Completed, Pre-Construction, Sold Out, Sales Released. Prices are reported by the linked sources on the dates shown and change often; nothing here is a guarantee of price, value, or completion date.
Identity
Banyan Group's first American residences, in downtown West Palm Beach
Banyan Tree Residences West Palm Beach brings the Singapore-based Banyan Group's flagship Banyan Tree brand to the United States for the first time. The project is a 25-story, 88-residence tower planned at 400 Hibiscus Street, one block east of CityPlace, replacing a two-story office building. Mast Capital and Curated JCZM Development are the developers; sales are led by Douglas Elliman.
Pricing & availability
Launched March 2026 from about $1.9 million
Labeled pricing, March 2026 sales launch
The project launched sales on March 24, 2026 with pricing reported starting at about $1.9 million. Residences are planned as one- to four-bedroom corner units plus a penthouse collection. Current pricing by floor plan and the deposit structure are confirmed directly with Kelby or the sales team.
Architecture & design
OMA architecture with Yabu Pushelberg interiors
OMA, the office of Rem Koolhaas, designed the tower; Yabu Pushelberg leads interior design and Enzo Enea the landscape. Plans call for wraparound terraces, private elevator entry in most homes, and corner exposures for every residence.
Amenities
A full-floor wellness spa and resort-style pool deck
- Full-floor wellness spa with meditation dome and garden, hammam, cryotherapy, cold plunge, sauna, and rainforest showers
- Resort-style pool with cabanas
- Open-air cinema
- Indoor and outdoor fitness with a Pilates studio
- Private porte cochere entry
- Concierge, valet, and pet spa
Construction & timeline
Approved August 2026; construction expected to begin 2027
Pre-Construction · Targeted 2029
Sales launched in March 2026. On August 12, 2026 the West Palm Beach Downtown Action Committee voted unanimously to approve the 25-story project under a transfer of development rights at a 5.5 floor area ratio. As of October 2026 the project is pre-construction: construction is expected to begin in 2027, with completion targeted for 2029 on the developer's published schedule.
Location & access
One block east of CityPlace, in the downtown core
400 Hibiscus Street sits in downtown West Palm Beach one block east of CityPlace, within walking distance of Clematis Street, the Flagler Drive waterfront, and the Brightline station. Palm Beach International Airport is about 10 minutes by car.
Ownership & rules
Branded condominium residences; full ownership terms to confirm
Residences are planned as for-sale branded condominiums. Rental restrictions, the condo fee structure, and whether the project carries hotel or vacation-rental components were not verified in this research: those read Contact for current information and are confirmed with the sales team or with Kelby.
Project FAQs
Straight answers about Banyan Tree Residences West Palm Beach.
Is Banyan Tree Residences West Palm Beach under construction?
No. As of October 2026 the project is in pre-construction. The Downtown Action Committee approved it in August 2026, construction is expected to begin in 2027, and completion is targeted for 2029.
What is the starting price?
Pricing was reported starting at about $1.9 million at the March 2026 sales launch. The current price list by floor plan is confirmed directly with Kelby or the sales team.
Who is behind Banyan Tree Residences?
Mast Capital and Curated JCZM Development are the developers, with Banyan Group attaching its flagship Banyan Tree brand to its first U.S. residences. OMA designed the architecture and Yabu Pushelberg the interiors.
Where is the project located?
At 400 Hibiscus Street in downtown West Palm Beach, one block east of CityPlace, near Clematis Street, the waterfront, and the Brightline station. The site sits in the heart of the downtown condo pipeline.
Can Kelby represent me as a buyer at Banyan Tree Residences West Palm Beach?
Yes. Kelby represents buyers at Banyan Tree Residences through the pre-construction deposit and the eventual closing, and buyer-agent commission is typically settled at closing. The deposit schedule and condo fee structure were not verified in this research: those read Contact for current information and are confirmed with the sales team or with Kelby. Because the tower is pre-construction, availability is confirmed directly with Kelby, never from a portal.
Explore around Banyan Tree Residences West Palm Beach
The market context for this project.
Provenance
Information reviewed October 2026.
Every claim on this page is drawn from public research and linked to its dated source below. Figures such as asking prices, HOA fees, and completion dates change; where a field could not be verified it reads “Contact for current information” or “Not verified”, and the answer is one call away. Nothing on this page is a guarantee of price, availability, or completion date.
- Source
Florida YIMBY, Banyan Tree announcement
March 2026: launch, 25 stories, 88 residences, from $1.9M
- Source
Florida YIMBY, Downtown Action Committee approval
August 2026: unanimous city approval
- Source
The Real Deal, Mast Capital project plans
August 2026: developers and plans
- Source
Haute Residence, project guide
2026: design and amenities detail
- Source
PR Newswire, Banyan Group announcement
March 2026: Banyan Group first U.S. residences
Each source above verified October 2026
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