Related Ross

Name

Related Ross

Legal name

Related Ross

Website

https://relatedross.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

West Palm Beach

HQ country

United States

HQ region

North America

Offices21 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Condominium Sales: Sale of luxury waterfront condominiums including South Flagler House (108 units, $2.5M-$35.5M), Shorecrest (98 units, from $3M), and Edgeworth (168 units). Revenue is generated through one-time unit sales at premium price points.
2. Commercial Office Leasing: Leasing of Class A office space including One Flagler (95% leased), 10 and 15 CityPlace (under development, 60% pre-leased to Cleveland Clinic), Phillips Point, and other properties. Generates recurring rental income from tenants including ServiceNow, Wells Fargo, Goldman Sachs, and others.
3. Luxury Residential Rental: Operation of The Laurel luxury rental property (322 units) generating recurring rental income from residential tenants.
4. Hotel Operations: Operation of Hilton West Palm Beach (400 rooms) and The Ben Hotel (208 rooms) generating revenue from rooms, food and beverage, and events.
5. Retail and Dining Leasing: Leasing of retail space at CityPlace and other properties to tenants including Eataly, RH Gallery, Equinox, and various restaurants, generating recurring rental income.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels9 records

Core offering

Related Ross develops, owns, and operates a diversified portfolio of Class A/AA office towers, luxury waterfront condominiums, luxury rental residences, hotels, and retail properties in West Palm Beach and South Florida, with a $10 billion investment commitment. The company signs anchor enterprise tenants (financial services, technology, healthcare) for office space through direct sales while also selling luxury condominiums and operating hospitality assets. Its 72-acre CityPlace mixed-use district serves as the centerpiece of a lifestyle-driven, LEED-certified urban destination strategy.

Product overview

Related Ross is a fully integrated real estate development firm led by billionaire developer Stephen Ross, operating a diversified portfolio of real estate assets in West Palm Beach, Florida. The company's product portfolio spans multiple segments: (1) Office properties including Class A/AA office towers (One Flagler, 10 CityPlace, 15 CityPlace, CityPlace Tower, Phillips Point, Esperante Corporate Center) as part of the Lifestyle Office Collection offering tenant experience services; (2) Luxury Residential including condominiums (South Flagler House, Shorecrest, Edgeworth) and luxury rentals (The Laurel, The Flats); (3) Hospitality including the Hilton West Palm Beach and newly acquired The Ben Hotel; (4) Retail including Restoration Hardware Gallery and Shops at CityPlace; (5) City Centers centered on the 72-acre CityPlace mixed-use district; and (6) the Related Life tenant experience platform providing concierge services and programming. The company is pursuing a $10 billion investment strategy to transform West Palm Beach into a premier hub for finance, tech, and corporate expansion.

Differentiator

Problem solved

Functional benefit

Brands

• Related Life: Tenant experience and concierge services program providing exclusive access to neighborhood perks, resources, community events, and curated programming for Related Ross tenants and employees
• Related Ross Foundation
• West Palm Brilliant

Products and services

• CityPlace A 72-acre dynamic shopping, dining, and entertainment destination in downtown West Palm Beach, the most visited neighborhood in the city, featuring retail, restaurants, cultural venues, and public green spaces. Palm Beach County's first LEED Gold Certified Neighborhood Development.
• One Flagler A 25-story Class A office tower designed by David Childs of Skidmore, Owings & Merrill, extending the Flagler waterfront greenbelt with 1.25 acres of green space and 95% leased to enterprise tenants.
• 10 CityPlace A 480,000-square-foot Class AA office tower designed by Kohn Pedersen Fox, part of the CityPlace mixed-use district, with ServiceNow anchoring 200,000 sq ft for its second headquarters. Expected completion 2027.
• 15 CityPlace A 25-story Class AA office tower designed by Arquitectonica, with nearly 20,000 sq ft of ground-floor retail, a 25th-floor sky garden by KPF, and Cleveland Clinic anchoring 125,000 sq ft for an outpatient facility. Expected completion 2027.
• CityPlace Tower A Class A office building that won the 2024 TOBY Award for the U.S. Southern Region in the 250,000-499,999 sq ft category, recognizing excellence in building management.
• Phillips Point A Class A office complex with 454,000 sq ft across 13 floors, offering panoramic views of the Atlantic Ocean, Intracoastal Waterway, and Palm Beach, currently undergoing $120 million renovation.
• Esperante Corporate Center A 17-story, 256,000 sq ft Class A office building in West Palm Beach's Flagler waterfront district, fully leased to financial and investment firms.
• 360 Rosemary Office property in the Rosemary Square area of West Palm Beach, part of Related Ross's lifestyle office collection.
• 477 Rosemary Office property in the Rosemary Square district of West Palm Beach, part of the Related Ross Office Collection.
• 515 Fern Office property in the Related Ross Office Collection portfolio.
• One Clearlake Office property in the Related Ross Office Collection.
• South Flagler House Iconic waterfront condominiums designed by Robert A.M. Stern Architects with interiors by Pembrooke & Ives, featuring 108 residences from two- to five-bedrooms with permanent unobstructed views of the Intracoastal and Atlantic Ocean. Median price approximately $15 million.
• Shorecrest A 28-story, 98-unit luxury waterfront condominium at 1865 North Flagler Drive designed by Roger Ferris + Partners with interiors by Rottet Studio, featuring one- to four-bedroom residences with panoramic ocean and city views. Prices start at $3 million.
• Edgeworth A two-building, 28-story condo complex with 168 units on South Flagler Drive, designed by Kohn Pedersen Fox, priced from $2.5 million to $35.5 million.
• The Laurel A 21-story, 322-unit luxury rental residence offering one- to three-bedroom residences and penthouse collection, featuring 38,000 sq ft of resort-inspired amenities.
• The Flats Luxury rental residences in West Palm Beach as part of Related Ross's residential portfolio.
• Hilton West Palm Beach A 400-room hotel adjacent to the Palm Beach County Convention Center with three culinary destinations, lobby bar, fitness center, zero-entry pool, and 30,000 sq ft of meeting space, LEED Certified.
• The Ben Hotel A 208-room Marriott Autograph Collection hotel in West Palm Beach, acquired by Related Ross in February 2026.
• Restoration Hardware Gallery A four-story, 80,000 sq ft Restoration Hardware design gallery at 560 Okeechobee Blvd, featuring a rooftop restaurant and multiple RH concept stores and estate gardens.
• Shops at CityPlace Retail collection at CityPlace featuring globally renowned restaurants, bars, entertainment venues, and retailers including Apple, Sephora, Lululemon, and Anthropologie.
• Related Life A tenant experience platform unlocking exclusive access to neighborhood perks, resources, community events, and curated programming for Related Ross tenants and employees, available via a mobile app on iOS and Android.
• Sapodilla A 164-unit, seven-story mixed-income apartment complex in downtown West Palm Beach, with 66 units set aside for residents of Ballet Village, forming Related Ross's new mixed-income housing division.

Quantifiable outcome

• Condominium pre-sales exceeding $700 million at South Flagler House
• +3 more outcomes

Named customers14 records

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

17 partnerships are on record, tiered major, core and flagship.

• JuxtaposemajorStrategic or Co-development Partner · 22 June 2026Co-founder of Latitudes, a company-building initiative launched alongside RSE Ventures and Related Ross. The initiative aims to create technology companies from the ground up in West Palm Beach and across South Florida, focusing on defense, aerospace, advanced manufacturing, financial services, healthcare, and maritime.
• RSE VenturesmajorStrategic or Co-development Partner · 22 June 2026Co-founder of Latitudes company-building initiative alongside Juxtapose and Related Ross. RSE Ventures is Stephen Ross's venture capital and entertainment company.
• Palm Beach County / WellingtoncoreOthers · 17 June 2026Related Ross is acquiring the former IBM BRiC campus in Boca Raton (1.7 million sq ft on 123 acres) with plans for mixed-use 'micro city' development. The property already has city approvals for over 1,200 residential units, retail, medical offices, and entertainment venue. Also involves Wellington Village Council for 10400 Stribling Way mixed-use development including hotel, restaurant, and Wingrove Academy private school.
• Ambition Accelerated PlatformflagshipGTM or Marketing Partner · 11 June 2026Statewide accelerator platform backed by Florida Council of 100 with four sector-focused tracks: healthcare (Tampa Bay), resilience (Southwest Florida), fintech, and dual-use/defense tech. Run concurrently starting fall 2026 to attract, build, and scale companies in Florida's priority industries.
• Florida Council of 100flagshipGTM or Marketing Partner · 28 March 2026Founding partners in new partnership at eMerge Americas Conference to position Florida as a premier global hub for technology, capital, and entrepreneurship. Covers Miami-Dade, Broward, and Palm Beach counties. Southeast Florida generated $4.13 billion in VC activity in 2024.
• eMerge AmericascoreGTM or Marketing Partner · 28 March 2026Founding partner in initiative with Florida Council of 100 and Related Ross to promote Florida as a tech and investment hub.
• Leisure Resorts LLCcoreStrategic or Co-development Partner · 16 January 2026Partnership to develop a four-story private membership club on city-owned parking lot in downtown West Palm Beach. Public retail and restaurant space on lower floors; members-only club with rooftop pool, spa, and fitness center on upper floors. Expected to exceed 500 members.
• Archer AviationmajorStrategic or Co-development Partner · 3 December 2025Partnership to develop air taxi network in South Florida using eVTOL aircraft. Related Ross is partnering with Archer Aviation to build vertiports across the region, connecting Miami, Fort Lauderdale, Boca Raton, and West Palm Beach with 10-20 minute electric flights. The network aims for 2027-2028 launch, with Related Ross developing vertiport infrastructure at its properties.
• Cleveland ClinicflagshipStrategic or Co-development Partner · 12 March 2025Cleveland Clinic anchoring 15 CityPlace with 125,000 sq ft outpatient facility, quadrupling their footprint in West Palm Beach. The healthcare system will integrate with their new hospital campus, creating a top healthcare ecosystem in downtown. This is a flagship tenant partnership supporting the broader vision of positioning West Palm Beach as a premier business hub.
• Vanderbilt UniversitymajorStrategic or Co-development Partner · 12 March 2025Vanderbilt University co-hosting Defense Tech Leadership Summit with Related Ross, Amazon Web Services, and local leaders. Vanderbilt is constructing a graduate campus in West Palm Beach aimed at creating a local workforce pipeline for defense and technology companies. Campus slated to open 2029.
• ArquitectonicacoreStrategic or Co-development PartnerMiami-based architecture firm designing 15 CityPlace. Known for bold modernism and innovative design since 1977, with projects spanning 59 countries.
• Kohn Pedersen Fox (KPF)coreStrategic or Co-development PartnerGlobal architecture firm designing 10 CityPlace and sky garden at 15 CityPlace. KPF is dedicated to elevating cities through impactful design with projects in more than 40 countries.
• Robert A.M. Stern ArchitectscoreStrategic or Co-development PartnerWorld-renowned architecture firm designing South Flagler House. Robert A.M. Stern is one of America's most prominent architects, and the firm designed the first luxury high-rise in South Florida developed by Related.
• Roger Ferris + PartnerscoreStrategic or Co-development PartnerArchitectural firm partnering with Related Ross on Shorecrest luxury waterfront condominium, featuring distinctive design and panoramic views.
• EquinoxcoreGTM or Marketing PartnerFitness brand partnership for wellness programming at District Fit festival and tenant fitness offerings across Related Ross properties.
• ServiceNowflagshipOthersMajor tenant with 200,000 sq ft second headquarters at 10 CityPlace. Represents one of the largest tech company relocations to West Palm Beach.
• Wells FargoflagshipOthersWells Fargo relocating wealth management headquarters from San Francisco to One Flagler with 50,000 sq ft lease. The wealth unit generates $16 billion in annual revenue.

Scale indicators29 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• The Howard Hughes Corporation: Developer of master-planned mixed-use communities (Ward Village in Honolulu, The Woodlands, Downtown Columbia). Comparable in its strategy of building integrated live-work-play destinations with luxury residential, office, and retail components.
• Property Markets Group: Miami-based developer of luxury residential and mixed-use projects including Aston Martin Residences and Waldorf Astoria Residences. Comparable on the high-end luxury condo vertical serving HNW buyers in the same Florida market.
• Fortune International Group: South Florida luxury condominium developer with projects including Ritz-Carlton Residences and Brickell Flatiron. Comparable to Related Ross's luxury waterfront condo pipeline targeting affluent Florida buyers.
• Swire Properties: Hong Kong-based developer of large-scale mixed-use luxury projects including Brickell City Centre in Miami. Highly comparable to Related Ross given its focus on waterfront, mixed-use destinations targeting HNW buyers and corporate tenants in South Florida.
• Terra Group: Miami-based real estate developer with major South Florida mixed-use and luxury projects (Park Grove, Mr. C Residences). Operates in the same South Florida market with comparable luxury residential and mixed-use offerings.
• Crescent Heights: Miami-based luxury condominium developer with marquee South Florida towers (Paramount Bay, One River Point). Directly comparable to Related Ross in the waterfront luxury condo segment targeting HNW relocation buyers.
• Related Companies: The parent conglomerate of Related Ross and Stephen Ross's flagship firm. Directly comparable as a fully integrated real estate developer of mixed-use, office, residential, and hospitality assets; Related Ross operates as the Southeast U.S. arm of this platform.

Broad incumbents

• Vornado Realty Trust: Office-focused REIT with premier Class A office assets in NYC and select markets. Comparable on the high-end trophy office leasing model that Related Ross is replicating for financial services tenants in West Palm Beach.
• Hines: Global real estate developer and investor with a significant mixed-use, office, and luxury residential portfolio including projects in Miami and other major markets. Comparable as a fully integrated developer operating across multiple asset classes.
• Toll Brothers: National luxury homebuilder with a growing portfolio of luxury condominium developments in Florida markets including Boca Raton and Palm Beach. Comparable on the luxury residential side of Related Ross's pipeline (Shorecrest, Edgeworth, South Flagler House).

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/relatedross
• YouTubeyoutube.com/relatedross
• LinkedInlinkedin.com/company/relatedross
• Instagraminstagram.com/relatedross
• Facebookfacebook.com/relatedross

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries12 records

Funding overview

Funding rounds6 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Related Ross