NYC developer Stephen Ross has sights set on West Palm Beach
By Steve Cuozzo
Published on April 19, 2026.
Former head of Related Cos. Stephen M. Ross, known for his successful development of Time-Warner Center at Columbus Circle and Hudson Yards, is aiming to create a new Boomtown USA in West Palm Beach, Florida. His new company, Related Ross, is leading a development boom that includes other real estate companies, but Ross's $10 billion investment is the largest yet. West Palm has emerged as a model for a "new Silicon Valley" due to a business-friendly political climate, sunny weather, and demographic patterns. The commercial towers are rapidly filling up, with California-based ServiceNow launching a second headquarters in 200,000 square feet at Ross's 10 City Place. On the residential side, Ross reported $1 billion in condo sales in the past six months.
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