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Rendering of 360 Rosemary, West Palm Beach, FL
(courtesy West Palm Beach Magazine.com) |
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| Mayor Keith James |
WEST PALM BEACH, FL
– West Palm Beach Mayor Keith
James and the Downtown West Palm Beach business community joined
Related Companies to celebrate the start of construction at
360 Rosemary,
an approximately 300,000-square-foot, Class-A office building designed to meet
LEED Gold-certification and situated within the 72-acre Rosemary Square
neighborhood.
Related also unveiled plans for 575 Rosemary, an
upcoming mixed-use development, and One Flagler, a Class-A office tower
that will anchor Okeechobee Business District and the Flagler Financial
District.
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| Dennis Grady |
Chamber of Commerce of the Palm Beaches President & CEO
Dennis
Grady attended alongside Related executives Related Urban President &
CEO
Kenneth A. Himmel, Related Vice Chairman
Bruce L. Warwick,
Related Companies Senior Vice President
Gopal Rajegowda, and Vice
President
Jordan Rathlev.
“Related is committed to the economic resurgence of Downtown
West Palm Beach led by exceptional spaces designed for the increasingly
interconnected way people live and work today,” said Rajegowda.
“Those who work at 360 Rosemary will have exceptional access
and proximity to the suite of culinary, wellness, cultural, retail and
transportation amenities in the neighborhood making it an ideal venue to foster
great company culture, build new relationships and attract great talent.”
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| Kelly Smallridge |
Business Development Board of Palm Beach County President
& CEO
Kelly Smallridge said, “Over the past 5 years, we have seen a
tremendous amount of interest from firms who are looking to move their
operations to West Palm Beach, specifically from Manhattan, Boston and
Connecticut.
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| Gopal Rajegowda |
"Since the opening of CityPlace Tower 10 years ago,
West Palm Beach has had the opportunity to increase its state-of-the-art,
Class-A office space and 360 Rosemary fill that void, helping the city attract
business leaders across all industries.
"Employers are always looking for locations that offer
recreation, dining, entertainment and culture, and 360 Rosemary, with its
proximity to Rosemary Square, offers just that.”
Designed by Elkus Manfredi Architects and Leo A. Daly, 360
Rosemary brings much-needed state-of-the-art, connected and innovative
workspaces to South Florida.
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| Kenneth A. Himmel |
The 20-story modern building will offer loft-style office
space with expansive floor-to-ceiling windows that maximize natural light and
10,000 square feet of outdoor amenity space including two terraces that allow
for an exceptional indoor/outdoor workplace environment.
Located adjacent to the Virgin Trains USA, formerly
Brightline, high-speed rail station which connects West Palm Beach with Miami
and Fort Lauderdale, on 10 local bus routes and just 3 miles from the Palm
Beach International airport, the building offers unparalleled access to local
transportation hubs.
The building also features seven levels of parking, shared
car parking, on-site bike racks, a fitness center and on-site conference
facility serving the diverse needs of today’s workforce.
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| Bruce L. Warwick |
Committed to efficiency and innovation, 360 Rosemary is
designed to reduce the environmental and economic impact associated with
excessive energy use.
Anticipated LEED Gold, 360 Rosemary will feature high-speed
elevators with destination dispatch technology; roof-top satellite antenna pad;
increased water efficiency to reduce the burden on municipal water supply and
wastewater system; preferred parking for low-emitting vehicles and alternative
fueling stations; and a 100% generator backup system program.
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| Jordan Rathlev |
The building is expected to be complete in early 2021.
The Rosemary Square neighborhood, which is currently
undergoing a $550 million transformation from a retail and entertainment center
to a vibrant community and destination, features premiere commercial office space
including 360 Rosemary; rejuvinated green spaces; modern residences; diverse,
experiential retail and culinary offerings; robust arts and cultural
programing—culminating in an exceptional new district to live, work and visit
in South Florida.
Related Companies is the visionary firm behind some of the
world’s most impactful mixed-use urban neighborhood developments and, in the
past few years alone, has created more than eight million square feet of office
space for dozens of diverse business leaders across all industries including
WarnerMedia, SAP, Sidewalk Labs, Wells Fargo, KKR, Google, Facebook, Converse
and Tapestry.
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| David Childs |
In West Palm Beach,
Related has demonstrated a deep understanding of workplace needs with its
widely acclaimed CityPlace Tower and a legacy in neighborhood placemaking with
the conception of the original CityPlace, now known as Rosemary Square.
“Today we have one of the world’s most experienced
developers continuing their tradition of best-in class-development right here
in West Palm Beach," said James.
"For over 20 years, Related has been a strong partner
of the city with a long term commitment to our community.
"These three new
projects will provide the much needed Class-A office space and desired
residential offerings that provide significant long-term opportunities for
economic growth and success.
"This continued investment into our city is a testament
to the bright and vibrant future ahead for West Palm Beach,”
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| Julian F. Abele |
Located at the northeast corner of Rosemary Square, 575 Rosemary
is a 21-story mixed-use tower designed by
Elkus Manfredi Architects and Leo A.
Daly. It will include 325 state-of-the-art luxury residences, with 15% of units
dedicated to workforce housing, and offers residents unrivaled access to the
best in local arts & culture, wellness, entertainment and shopping in the
heart of Downtown West Palm Beach.
Residents will have access to many exclusive amentities such
as a state-of-the-art fitness center, outdoor deck and pool, and lush rooftop
gardens.
The building will also include approximately 95,000 square feet of
commercial office and retail space at the base. 575 Rosemary is expected to be
complete in late 2021.
Designed by world-renowned architect David Childs,
One Flagler is a 25-story Class-A office building that will anchor West Palm
Beach’s Okeechobee Business District and the Flagler Financial District.
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| Rendering of planned 575 development, West Palm Beach, FL |
It will include 270,000 square feet of flexible office
space, 4,100 square feet of retail space, a restaurant, and a reading room open
to both the public and members of the adjacent First Church of Christ,
Scientist.
The church, designed by architect Julian Abele in
1928, is considered one of the most architecturally significant buildings in
all of Palm Beach County and would be preserved in perpetuity by One Flagler.
The project will also feature a living green wall adorning
its parking garage and include 1.25 acres of green space extending the
waterfront greenbelt. The building is expected to be complete in late 2023.
CONTACT:
Related Companies:
Sasha Jozefczyk
Office: 531.570.3493
SJozefczyk@related.com
Quinn
Thiago Viana
Office: 212.868.1900 – ext. 352
Cell: 973.558.1239
John Hanlon
Office: 267.930-4000 – ext. 676
