Banyan Group, the Singaporean multinational hospitality brand with properties predominantly across Asia-Pacific, is entering the U.S. for the first time with a branded residences project in West Palm Beach in collaboration with Mast Capital and Curated JCZM Development.
Banyan Tree Residences West Palm Beach features a sculpted residential tower comprising 88 private residences, ranging from one- to four-bedroom layouts, along with a limited collection of penthouses. Architecture is led by OMA, the firm of Pritzker Prize-winning Rem Koolhaas, with interiors by Yabu Pushelberg and landscape design by Enzo Enea — the first collaboration between these four entities. Each residence is designed as a corner unit with wraparound terraces and most include direct private elevator entry.
Located in downtown West Palm Beach, the development sits within walking distance of CityPlace, Royal Poinciana Plaza, Palm Beach Island, Worth Avenue and the Intracoastal Waterway.
Amenities include a resort-style pool, social and recreation spaces, a wellness center and spa with deluxe treatment rooms, cryotherapy, a hammam and meditation spaces. Through The Sanctuary Club, owners receive access to more than 100 hotels and resorts and over 140 spas and galleries across more than 20 countries within Banyan Group’s portfolio.
“The United States represents an important market for Banyan Group and American travellers have long been among our most valued guests across our resorts worldwide,” said Ho Kwon Ping, founder and executive chairman of Banyan Group. “We are pleased to make our debut through Banyan Tree Residences West Palm Beach. The city’s cultural energy, strong sense of place and growing appreciation for purposeful living align closely with our values and we look forward to introducing our distinctive approach to branded residential living while contributing thoughtfully to its evolving residential landscape.”
“Introducing the first Banyan Tree branded residences in the United States represents a defining moment for this partnership. West Palm Beach is emerging as a global residential destination – one defined by permanence, cultural depth and long-term vision,” said Camilo Miguel, founder and CEO of Mast Capital. “This residential project reflects a highly deliberate collaboration with an unprecedented group of visionaries aligned around a singular ambition and shared pursuit of design excellence, enduring quality and a deeply considered approach to living, developed to resonate for generations and contribute meaningfully to the future of West Palm Beach.”
“Banyan Tree Residences represents a pivotal moment for West Palm Beach, pairing an exceptional downtown address with the renowned legacy of the Banyan Tree brand,” said Josh Simon, co-founder and partner of Curated JCZM Development. “The brand’s expansion into this market underscores the city’s emergence on the world stage, offering residents an experience that is both deeply connected to place and unmistakably international in character.”