Banyan Tree Residences

400 Hibiscus Street, West Palm Beach, FL

Banyan Tree Residences West Palm Beach marks Banyan Tree's first residential project in the United States, and it is planned for 400 Hibiscus Street in downtown West Palm Beach. The development is being led by Mast Capital and Curated JCZM Development in collaboration with Banyan Group, a structure that pairs local development experience with the hospitality operator's own brand standards. The tower will rise 25 stories and hold 88 one- to four-bedroom corner residences. The word corner is doing real work here: every home sits at the edge of the plate with windows on multiple exposures rather than a single façade, and the count of 88 means the building never has to compress that condition to fit more units in. The design team is international across all three disciplines, with OMA for architecture, Yabu Pushelberg for interiors, and Enzo Enea for landscape design, a combination that suggests the building will be read as a designed object rather than as background fabric for the district. The amenity program is explicitly wellness-focused. A resort-style pool and spa sit at the center, supported by treatment rooms, cryotherapy, a hammam and dedicated meditation spaces, and residents also receive Sanctuary Club access, an offer that extends the wellness proposition beyond the building's own walls and into the wider brand network. Downtown West Palm Beach supplies the setting, with the cultural, dining and retail scene of the district within reach of the address. Sales are led by Douglas Elliman Development Marketing, with pricing starting at $1.9 million, and delivery is projected for 2029. For buyers watching the branded-residence segment in Palm Beach County, this is a notable entry: a global hospitality name arriving in the United States for the first time, at a scale small enough that the service model can plausibly be delivered as promised once the doors open.