OLIN Palm Beach

2720 South Ocean Boulevard, Palm Beach, FL 33480

OLIN Palm Beach is a planned ultra-luxury condominium project at 2720 and 2730 South Ocean Boulevard, on the South End of Palm Beach, occupying the site of the former Ambassador Hotel together with an adjacent lakeside building. The plan calls for 32 residences across three five-story buildings, two facing the Atlantic Ocean and one facing the Intracoastal Waterway, each with underground parking, so the composition produces two distinct water experiences within a single community and keeps the buildings low against the skyline. Architecture is by OMA, the office founded by Rem Koolhaas, with Spina O'Rourke Partners as architect of record, interiors by GACHOT and landscape architecture by Nievera Williams Design. That is an unusually complete design team for a residential project of this size, and it suggests the buildings will be discussed as architecture rather than only as real estate. The program is planned to include two pools, a fitness center, a Pilates and yoga studio, and spa facilities with sauna, steam room and cold plunge, a wellness set calibrated to a clientele that expects recovery as much as recreation. OKO Group and Cain are the developers, and Corcoran Sunshine Marketing Group leads sales and marketing. Demolition of the existing buildings is expected to finish by the end of October 2026. A sales launch date, construction start date and delivery date have not been announced, and all plans remain preliminary and subject to change. The South End setting, between the ocean and the lake on one of the island's most protected stretches, is what makes the three-building arrangement possible, and it places residents within the island's most protected residential enclave, close to the South End's beaches and to the shopping and dining of Palm Beach's village center. Coming soon, the project is currently working through demolition of the buildings that previously occupied the site.