Published 2026-08-29T13:24:41.173Z from Related Ross.
The new downtown filing calls for 194 residences, retail, and 486 parking spaces on a 2.64-acre block that still sits close to Brightline and CityPlace.
What changed
Related Ross has filed plans for Residences at 464 Fern Street, putting a 25-story tower back into downtown West Palm Beach's review pipeline. The current proposal calls for about 316 feet of height, 194 residences, 4,343 square feet of commercial space, and 486 parking spaces on a 2.64-acre site the project sponsor bought for $55 million in May. That alone is enough to make the block worth another look. The site sits near Brightline, CityPlace, and the east-west core of downtown, so a major change there is never just about one building. It changes how the district edge feels.
Why this version stands out
This is also a different version of the same address, not a new dot on the map. 13th Floor Investments' Fern & Gardenia portfolio page described the property as a 361-unit, 25-story multifamily rental high-rise with 42,000 square feet of retail. The new Related Ross filing is smaller, more residential, and more directly aimed at the upper end of the downtown market. The shift matters because it shows how the block has evolved. Earlier proposals under 13th Floor, Wexford Real Estate Investors, and L&L Holding Company gave the site a mixed-use future. Related Ross is now presenting a cleaner residential case, and the market will judge whether that reads as refinement or simply another reset.
Why 464 Fern matters
This is one of the few remaining downtown blocks large enough to shape the district instead of just filling a gap. 13th Floor's own portfolio language made that plain, saying very few remaining sites in downtown allow for such a large-scale development. That is the real significance of 464 Fern: it is one of the pieces of land that can still change the map. For readers tracking West Palm Beach as a place rather than a pile of projects, the block sits in the narrow band between the Brightline station, CityPlace, and the blocks that keep downtown stitched together. A site like this influences walkability, street life, and the handoff between transit and the rest of the core.
What will get reviewed
The first review step came through the city's Plans and Plats Review Committee in mid-June, but the project still needs more boards and a final city commission vote before construction can begin. That leaves plenty of room for the plan to change. The parking podium is the obvious pressure point. So is the ground floor. The current filing puts 4,343 square feet of commercial space at street level and stacks 486 parking spaces above it, which means reviewers will care about how active the base feels from Fern Street and South Dixie Highway.
What to watch next
The next question is whether the tower stays at 194 residences, whether the podium gets trimmed or reworked, and whether the city wants more active frontage before it signs off. If the plan keeps moving, 464 Fern becomes another major downtown addition. If it stalls, the garage and the street edge will probably be the reasons. In downtown West Palm Beach, the real story is often not the headline height. It is whether a large block starts acting like part of the city instead of a blank stretch between larger destinations.
Why it matters
464 Fern is one of the few remaining downtown blocks large enough to change how the district grows. This filing keeps that land in play instead of letting it sit as a gap between Brightline, CityPlace, and the east-west core of downtown.
Buyer context
For buyers watching downtown West Palm Beach, this is less about a single tower than about the kind of block the city still has left to shape. The site size, transit proximity, and parking ratio will matter to anyone tracking how the district absorbs more residential density.
Source
Related Ross. Verify current project details before making a purchase decision.