Today, Related Ross, prolific developer in West Palm Beach overseeing 6.5 million square feet of residential, hotel, office and retail space, announced the beginning of Phillips Point’s modernization by renowned architect, Roger Ferris + Partners. A cornerstone of the city’s burgeoning office portfolio for more than 40 years, Phillips Point will re-emerge as a dynamic new centerpiece part of the Flagler waterfront district. With interior and exterior energy efficient infrastructure upgrades, modern design aesthetic and introduction of new street level restaurant and retail concepts, Phillips Point’s renovation is aligned with Related Ross’ class A office collection standards.
“At Related Ross our new development class A+ office buildings are just as important as our legacy buildings to provide our tenants the world-class office experience our company is known for curating,” said Jordan Rathlev, senior vice president, Related Ross. “With a 40-year history in one of the country’s most successful business and financial centers, Phillips Point’s renovation is a testament to our commitment in maintaining the city’s reputation with a new distinctive design and unparalleled waterfront views set to be complete is 2026.”
The collaboration between Related Ross and Roger Ferris + Architects brings together a partnership forged by shared design philosophies.
Working together on projects such as 70 Hudson Yards and 450 Washington in New York, Ross and Ferris and their world-renowned firms have established a deep understanding of the way we live and work today. Their complementary planning, design and commercial expertise has helped create the ultimate modern working environment in Phillips Point.
The first phase will entail exterior upgrades to give its façade a modern limestone aesthetic and custom window replacements to improve energy efficiency and meet current hurricane standards. In its second phase, the electrical infrastructure, will be replaced in both towers allowing efficiency in addition to new back-up generators that align with Related Ross’ sustainability initiatives. Both lobbies of the east and west towers will be re-imagined by famed interior designer, Tony Ingrao.
In its final phase, Phillips Point’s crown jewel will be its new colonnaded gallery along the shoreline with revitalized retail spaces and restaurants bringing a fresh vibrancy to the public space of Flagler Drive, Lake View Avenue and Trinity Park. Field of Greens and Morton’s will remain open throughout the renovation, and estiatorio Milos opened steps away at One Flagler on February 7, 2025.
Spanning 449,000 square feet, Phillips Point is currently 95% percent leased with tenants including Holland & Knight, Siris Capital, Gunster, Akerman, Greenburg Traurig and more. Phillips Point is part of Related Ross’ 2.8 million square feet of office in downtown West Palm Beach including operating office assets, One Flagler, the newly opened 25-story waterfront Class A+ lifestyle office designed by renowned architect David Childs of Skidmore, Owings & Merrill, Esperante in the Flagler waterfront neighborhood that is 96 percent leased, 360 Rosemary in the heart of CityPlace that’s currently 100 percent leased, CityPlace Tower at the entrance to CityPlace. Construction on 10 and 15 CityPlace has commenced with a groundbreaking ceremony planned for March 13, 2025.
Phillip Point is located at 777 South Flagler Drive, West Palm Beach, Florida. For more information, please visit https://www.related.com/our-company/properties/phillips-point
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ABOUT RELATED ROSS:
Led by visionary developer Stephen Ross, Related Ross is a fully integrated real estate firm with unparalleled expertise in mixed-use development. For more than 25 years, Related has led the transformation of West Palm Beach into one of the fastest growing cities in the nation to live, work and visit. Related Ross leads the market in Class A office with over 2.8M square feet of existing commercial holdings built and under construction. Known for luxury residential buildings, Related Ross is introducing a new class of rentals and condos to the market including The Laurel and South Flagler House. The company also developed and owns the most celebrated destinations in the region including CityPlace – the most visited neighborhood in the City, fostering culture and enriching the community with lush green spaces, a diverse mix of experiential retail and culinary offerings, the largest concentration of public art installed by a private company in Palm Beach County, educational programming and modern residences; as well as Hilton West Palm Beach, RH West Palm and the historic Harriet Himmel Theater. For more information about Related Ross, please visit www.relatedross.com
