The pandemic has driven a dramatic transformation in Palm Beach's real estate market, especially in West Palm Beach, where luxury condominiums are becoming increasingly desirable. Wealthy buyers, including notable names like Ken Griffin, have flocked to the area, attracted by new developments such as The Bristol and plans by developer Stephen Ross. These buildings symbolize a shift from traditional estate homes to high-rise living, with potential for waterfront views and modern amenities. As West Palm Beach embraces this high-rise phenomenon, it is carving its identity distinct from the historic charm of Palm Beach island.
The Bristol is on the water side of Flagler Drive, so nothing's ever going to block the view, showcasing the appeal of high-rise living in West Palm.
The City of West Palm has its own rules and has a very different average demographic, demonstrating the unique identity and market dynamics between the two regions.
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