Alida Residences West Palm Beach: 181 Units Beside Brightline
Alida Residences is a 21-story building with 181 rental units at 506 Datura Street in downtown West Palm Beach, directly adjacent to the Brightline station, and it broke ground on July 17, 2026. According to Florida YIMBY, developers LD&D and IGEQ, with capital partner FrontRange Capital Partners, are building an approximately 350,000-square-foot transit-oriented development: the residential tower plus a separate 112-key Tribute Portfolio by Marriott hotel, the brand's first West Palm Beach property. Corwil Architects designed it, with interiors and branding by EoA Group, and completion is expected in 2028. This is a rental building, not for-sale condos, and I cover it because it is the first high-rise to break ground in this area in nearly five years, which tells you something real about where downtown WPB supply is heading. What I tell clients watching this market is to read the rental pipeline, not just the condo launches, because that is what sets the rent floor a buyer competes against.
LD&D and IGEQ's Alida Residences: a 21-story, 181-unit rental tower plus a separate 112-key Tribute Portfolio by Marriott hotel at 506 Datura Street, West Palm Beach, beside the Brightline station. Designed by Corwil Architects, interiors by EoA Group.
A Transit-Oriented Tower Beside the Brightline
"My read on Alida is that the address does more work than the building does. Sitting directly across from the Brightline station in a market where nothing high-rise had broken ground in nearly five years is the whole thesis, and the rezoning that traded a hotel component for more residential density is the mechanism that made it pencil. What I tell clients watching West Palm Beach is to track the rental pipeline, not only the condo launches, because 181 new units next to transit reset what a comparable rental costs, and that is the number a buyer is really deciding against when they weigh renting versus buying here. This is a rental building, so nothing here is for sale, but it moves the market my clients buy in."Gerardo Gonzalez, Licensed Real Estate Agent at Compass
Alida Residences is a 21-story residential building with 181 rental units at 506 Datura Street in downtown West Palm Beach, developed by LD&D and IGEQ with capital and investment partner FrontRange Capital Partners. According to Florida YIMBY, it forms an approximately 350,000-square-foot transit-oriented development together with a separate 112-key hotel under Marriott's Tribute Portfolio flag, the brand's first property in West Palm Beach. Corwil Architects designed the project, with interior design and branding by EoA Group. Construction began following a groundbreaking ceremony on July 17, 2026, and completion is expected in 2028.
One detail worth flagging: this is rental inventory, not for-sale condominiums, so there is nothing here to buy. I cover it because supply of this size next to a transit station changes the rent comparison in downtown West Palm Beach, and that is the number my buyers weigh against a purchase.
The units run studio, one-bedroom, two-bedroom, and three-bedroom configurations, ranging from approximately 500 to more than 2,000 square feet, per Florida YIMBY. Planned amenities include wellness-oriented spaces and a pool deck on the 21st floor with views toward the Intracoastal, The Breakers, and the Atlantic Ocean. The residential and hospitality components are being constructed as two independent buildings rather than combined within a single structure, which according to the development team lets each property be designed specifically for its intended use while sharing the transit-oriented site.
The site history explains the density. The developers assembled the three-parcel site in 2019, then advanced through a multiyear process that included rezoning, a pause during the pandemic, and a redesign. The rezoning increased the site's floor area ratio from 2.75 to 6.5 in exchange for incorporating a hospitality component, which allowed the additional residential density at this transit-adjacent location. According to Multi-Housing News, it is the first high-rise project to break ground in the area in nearly five years.
The location sits across from the Brightline station near the CityPlace neighborhood, surrounded by roughly five million square feet of office space and a short distance from Vanderbilt University's future campus. Tribute Portfolio comprises independently operated, design-driven hotels affiliated with Marriott's global platform. This is not a luxury Miami pre-construction tower, my core focus, and it is not for-sale inventory, but it is a meaningful signal about downtown West Palm Beach supply and I track it for clients weighing the area. To talk through how the West Palm Beach market fits a buying plan anywhere in South Florida, call me at 305-964-8614 or visit the contact page.
Inside Alida Residences West Palm Beach
Official developer renderings of the tower and its shared spaces. Rendering courtesy of LD&D.
181 Rental Units, 112 Hotel Keys, 21 Stories
The figures below are from Florida YIMBY reporting on the July 2026 groundbreaking and the developer's own project page.
- Rental Units181
- Unit SizesApprox. 500 to 2,000+ sqft
- Height21 stories
- TenureRental, not for sale
- Hotel Keys112
- BrandFirst in West Palm Beach
- StructureSeparate building
- PlatformMarriott affiliated
- Total SizeApprox. 350,000 sqft
- TransitAdjacent to Brightline
- ArchitectCorwil Architects
- InteriorsEoA Group
Last verified July 2026. Unit counts, program, and timeline are from Florida YIMBY (July 19, 2026) and Multi-Housing News; renderings and earlier project figures from the LD&D developer page, which still lists the pre-redesign scheme. Plans are subject to change. This is a rental development, not for-sale inventory.
506 Datura Street: Across From Brightline
The site sits directly across from the Brightline West Palm Beach station near the CityPlace neighborhood, surrounded by roughly five million square feet of office space and a short distance from Vanderbilt University's future campus. Drive times below are approximate.
| CityPlace neighborhood | Short walk |
| Worth Avenue, Palm Beach | 10 min |
| Palm Beach International Airport | 10 min |
| Brightline West Palm Beach station | Directly adjacent |
| Palm Beach beaches | 15 min |
| Boca Raton | 35 min |
| Fort Lauderdale | 50 min |
| Miami | 75 min |
Drive times are estimates and vary with traffic. For a full read on the area, contact Gerardo Gonzalez.
LD&D + IGEQ + FrontRange Capital
LD&D is a Miami-based development and design firm led by managing partner Diego Bonet. It assembled the three-parcel Datura Street site in 2019 and carried it through rezoning, a pandemic pause, and a redesign before breaking ground in July 2026. Bonet has said splitting the hotel and residences into two independent projects let each be built for exactly what it needed to be rather than compromising to fit a single structure.
IGEQ is led by managing partner George Samarjian. The firm frames the project as answering two distinct demands at once: a design-driven hotel serving business and leisure travelers, and residential inventory for a downtown that keeps attracting new residents and employers. Corwil Architects designed both buildings, with interior design and branding by EoA Group.
FrontRange Capital Partners is the capital and investment partner, led by CEO David Robertson, who has said the project targets a gap where demand for high-rise rental inventory has outpaced supply in a downtown that has seen strong office and hospitality investment but very little new multifamily. Per Multi-Housing News, it is the first high-rise to break ground in the area in nearly five years.
Project Update: Broke Ground July 2026 Beside Brightline
The development officially broke ground on July 17, 2026, in a ceremony attended by West Palm Beach Mayor Keith A. James and members of the development team, according to Florida YIMBY. Construction covers a 21-story building with 181 rental units and a separate 112-key Tribute Portfolio by Marriott hotel, the first for that brand in West Palm Beach. Both are expected to complete in 2028. I update this page as verified milestones land.
Alida Residences West Palm Beach: Frequently Asked Questions
Alida is a rental development, so there is nothing here to buy, but it is a real signal about downtown West Palm Beach supply and I track the projects reshaping this market. If you are weighing West Palm Beach against Miami, or want to know what is actually for sale nearby, I can give you an independent read. No obligation.