August 11, 2023
FOR IMMEDIATE RELEASE:
Diane G. Papadakos, Director of Communications
City of West Palm Beach – Mayor’s Office
(561) 822-1411 (TTY: 800-955-8771)
Alba Palm Beach Breaks Ground as
West Palm Beach’s Newest Waterfront Luxury Boutique Residences
Developed by Kenneth Baboun of BGI Companies, Alba Palm Beach is slated to be delivered in 2025 in the burgeoning neighborhood of Northwood
WEST PALM BEACH, FL – The City of West Palm Beach, BGI Companies, an Blue Road announces the groundbreaking of Alba Palm Beach with an expected completion in 2025. As West Palm Beach’s newest coveted waterfront address, Alba Palm Beach, located at 4714 N. Flagler Drive in West Palm, will deliver a collection of 55 boutique luxury residences, including a limited collection of four unique two- and three-story townhomes, each with unobstructed views of the serene Intracoastal Waterway and their own private plunge pools.
Mayor Keith A. James of the City of West Palm Beach attended the groundbreaking event, along with Cathleen Ward, District 1 Commissioner, and other distinguished guests, signaling the City’s support for this landmark project. Mayor James stated, “Alba Palm Beach is a testament to our commitment to creating a vibrant and thriving community. This development adds an exquisite touch to our already captivating waterfront, offering luxurious residences that complement our vision for West Palm Beach’s future.”
Commissioner Cathleen Ward, Kenneth Baboun, developer, and Mayor Keith A. James dig in at the Alba groundbreaking ceremony.
Currently, Alba Palm Beach is 40 percent sold with buyers flocking from the Northeast, Texas, Chicago, and the West Coast. Recently, Alba sold units for the highest price per square foot in the neighborhood at over $2,000 per square foot.
In attendance at the groundbreaking were Keith A. James, Mayor of the City of West Palm Beach, Cathleen Ward, District 1 Commissioner, Kenneth Baboun, principal developer of Alba Palm Beach, Keith Spina and Tammy O’Rourke of Spina O’Rourke + Partners and Jon Schmidt of Schmidt Nichols.
“It’s a monumental day, not only for myself and partners that brought this moment into reality but also our residents who will call Alba home,” said Kenneth Baboun, principal developer. “Our vision for this rare piece of land and we believe it was the catalyst for the neighborhood’s healthy condo market we see today. We look forward to welcoming our owners home very soon.”
As the only new development directly on the water in West Palm Beach, Alba’s residences are centered around its coveted location with every unit featuring graciously appointed layouts with floor-to-ceiling hurricane impact windows and sliding doors, oversized glass-framed terraces with summer kitchens to highlight the incredible panoramic views. There are a limited number of residences per floor, with private elevators and vestibules offering privacy and seclusion. Additional highlights of each residence include Italian-designed kitchens by Italkraft, stainless steel appliances by SubZero® and Wolf®, and spa-like baths with designer fixtures and finishes.
Alba Palm Beach’s amenities only elevate its waterfront lifestyle for residents; from its day dock with slips available for residents to its sunrise and sunset pool decks and expansive water views from the Technogym® fitness room that includes a yoga studio and Pilates reformer. Spanning more than 25,000 square feet of total amenity space there will also be a state-of-the-art conference space with audio-visual functionality, several private workspaces, a multi-sport simulator room and theater, and an elegant private dining room with climate-controlled wine storage.
As a unique buyer’s gift, Alba Palm Beach owners receive an exclusive one-year complimentary membership to the Palm Beach Yacht Club allowing access to the prestigious club’s dining room and exceptional hospitality along with access to its global reciprocal clubs. Recently, Alba and Magellan Jets announced a partnership that gives owners access to exclusive usage and perks with their fleet of jets.
The development’s sleek and modern design is by West Palm Beach-based Spina O’Rourke + Partners. A free-form ground level with design accents that blend into the landscape welcomes residents, who will enjoy access to an elevated amenity deck, with unobstructed sunrise, sunset, and water views. There are a limited number of residences per floor, with private elevators and vestibules. Schmidt Nichols, an award-winning urban development firm specializing in site development and planning, and landscape architectural planning is the landscape architect for the development. Ortega Construction Company has been selected as the general contractor for the project.
Northwood in West Palm Beach is quickly becoming the City’s most sought-after neighborhood with an eclectic mix of dining, shopping, art galleries, and more. This enclave is in proximity to pristine beaches, Worth Avenue, The Square, and Atlantic Ocean boating, as well as a host of upscale culinary spots, theatrical performances, and more.
Alba Palm Beach’s Sales Gallery & Showroom, located at 250 North Olive Avenue in downtown West Palm, is open Tuesdays to Fridays from 10 a.m. to 5 p.m., Saturdays from 11 a.m. to 4 p.m., and Sunday and Monday by appointment only. To learn more about Alba Palm Beach, please contact its sales executives at 561-944-3290 or e-mail [email protected].
About the City of West Palm Beach:
The City of West Palm Beach is a vibrant and dynamic City located on Florida’s Atlantic coast. With a rich history, a thriving arts and cultural scene, and a commitment to sustainability, the City of West Palm Beach is a great place to live, work, and play. As one of the three largest cities making up the South Florida region, and the central City of Palm Beach County, West Palm Beach is a vibrant, growing, waterfront City that offers the business advantages available in the region, combined with a more refined and relaxed environment for living and working. To learn more about the City of West Palm Beach, visit us on our official website, or follow us on our social media: Facebook, Instagram, Twitter, and/or Linked-in.
About BGI Companies:
Through its various divisions, BGI Companies delivers proven expertise and knowledgeable professional services for financing, sales and marketing, acquisitions, pre-development, construction liaison, architecture and interior design consultation, project management, property market positioning, and more. Because each subsidiary maintains a specialized focus within its own field of operations, BGI Companies is uniquely equipped to pursue a broad range of real estate opportunities with the flexibility to engage individual subsidiary divisions only as needed to allow better alignment with other development partners. The result is a more streamlined development process with less redundancy, greater cost efficiencies, and enhanced overall financial performance for all partners involved.
About Blue Road Group:
Co-developer of Alba Palm Beach and based in Florida, Blue Road is an integrated developer dedicated to acquiring, remodeling, and managing as- sets that are supported by real estate. They’ve been creating opportunities for private and corporate investors for over 25 years. The Blue Road approach is to take care of all aspects related to growth of an investment, expertly navigating the beginning of each project, handling the property search, and asset acquisition. The team’s proficiency in construction, remodeling, design, and marketing adds value and viability to each property, and an operations division oversees each development to put efficient and successful management in place. Once projects are up and running, Blue Road offers ongoing expert support to ensure success.
About Douglas Elliman Development Marketing (DEDM):
Douglas Elliman Development Marketing, a division of Douglas Elliman Real Estate, offers unmatched expertise in sales, leasing, and marketing for new developments throughout New York City, Long Island, Westchester, New Jersey, Florida, California, Massachusetts, and Texas. The company’s new development hybrid platform matches highly experienced new development experts with skilled brokerage professionals who provide unparalleled expertise and real time market intelligence to its clients. The firm is heralded for its achievements in record breaking sales throughout each of its regions. Drawing upon decades of experience and market-specific knowledge, Douglas Elliman Development Marketing offers a multidisciplinary approach that includes comprehensive in-house research, planning and design, marketing, and sales. Through a strategic global alliance with Knight Frank Residential, the world’s largest privately-owned property consultancy, the company markets properties to audiences in 61 countries, representing an over $87 billion global new development portfolio.
Originally published at https://www.wpb.org/Home/Components/News/News/3571/772