The Real Deal published a detailed map of Steve Ross’s real estate holdings across Palm Beach County on October 21. The story covers his office towers in West Palm Beach, his new condo projects on Flagler Drive, and his recent purchases in Boca Raton and Wellington. It also turns to Jim McCann of Premier Estate Properties to explain why the strategy works.
McCann, who is based in Palm Beach, told the outlet that most developers build first and hope tenants follow. Ross does the opposite. He lines up the tenants before he breaks ground. McCann also pointed to the schools and community resources Ross is funding as a key reason executives and their families choose the area.
What the story covers
According to The Real Deal, Related Ross is putting a combined $10 billion into the city and county. The article walks through CityPlace, the One Flagler and Phillips Point office towers, three waterfront condo projects, the former IBM campus in Boca Raton, and a planned mixed-use center in Wellington. It also notes a new private school campus and a $100 million commitment to bring Pine Crest School to West Palm Beach.
Why this matters for our communities
When a finance or technology firm moves into a Ross building, its leadership needs a place to live. Those families look to Palm Beach, Manalapan, Boca Raton, and the other coastal towns Premier Estate Properties serves. More jobs on Flagler Drive means more demand for estates on the island and along the Intracoastal.
Premier Estate Properties agents follow this activity closely. Understanding who is arriving, and why, helps our clients price, time, and position their estates with confidence.
Read the coverage: The Real Deal, October 21, 2026
Explore Palm Beach County with Premier
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- Palm Beach community guide
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To talk through what the region’s growth means for your estate, contact Jim McCann at Premier Estate Properties for a private conversation.
Frequently Asked Questions
Why is Steve Ross’s Palm Beach County strategy working, according to Jim McCann?
Because he lines up tenants before he breaks ground, the opposite of developers who build first and hope tenants follow. Jim McCann of Premier Estate Properties, who is based in Palm Beach, also points to the schools and community resources Ross is funding as a key reason executives and their families choose the area. Details: https://premierestateproperties.com/premier-estate-properties-the-real-deal-jim-mccann-steve-ross-palm-beach-county/
How much is Related Ross investing in West Palm Beach and Palm Beach County?
A combined $10 billion across the city and county, covering CityPlace, the One Flagler and Phillips Point office towers, three waterfront condo projects on Flagler Drive, the former IBM campus in Boca Raton, a planned mixed-use center in Wellington, and a $100 million commitment to bring Pine Crest School to West Palm Beach. Jim McCann of Premier Estate Properties summarizes the picture at https://premierestateproperties.com/premier-estate-properties-the-real-deal-jim-mccann-steve-ross-palm-beach-county/
Where do executives who move into West Palm Beach offices buy homes?
Palm Beach, Manalapan, Boca Raton, and the other coastal towns Premier Estate Properties serves. When a finance or technology firm moves into a Ross building, its leadership needs a place to live, so more jobs on Flagler Drive means more demand for estates on the island and along the Intracoastal. Jim McCann helps clients price, time, and position with that in mind. Guide: https://premierestateproperties.com/area/palm-beach/
Does the Palm Beach team also cover West Palm Beach waterfront?
Yes. Rick Moeser and Jim McCann lead Premier Estate Properties’ Palm Beach team and serve buyers and sellers in both the Town of Palm Beach and the neighboring West Palm Beach waterfront, working from the Palm Beach office on Worth Avenue. West Palm Beach’s $1.9 million median covered 101 closings through mid-July 2026. Guide: https://premierestateproperties.com/area/west-palm-beach/