The project
Olara is Savanna's two-tower, 275-condominium project at 1919 N Flagler Drive in West Palm Beach, on the water north of downtown. Savanna secured $380 million in construction financing in March 2025, moving the project firmly under construction with delivery estimated for 2028.
Two- to four-bedroom residences are priced from $1.7 million on the official site, with the offering ranging to about $10 million. The waterfront Flagler position and the financing in place make Olara one of the corridor's larger under-construction programs.
Project snapshot
Olara at a glance.
The facts below are drawn from this guide and from the developer's published materials. Where a fact is not verified, the page says so plainly rather than guessing.
- Location / County
- West Palm Beach, Palm Beach County
- Residence types
- Condominiums, 2-4 bedroom (plus rental tower)
- Status
- Under Construction
- Estimated completion
- Late 2027-2028
- Published pricing
- From about $1.7M
- Developer
- Savanna
- Rental restrictions
- Rental tower separate; condo rules per documents
Information reviewed October 2026. Prices, availability, and completion dates change frequently. Confirm current terms with the developer or a licensed advisor.
- Developer Savanna, a New York-based firm, in its first South Florida project, with $380M in construction financing and sales and marketing by Compass Development Marketing Group: Source: Multi-Housing News and Douglas Elliman, verified October 2026
- Two towers on about 4 acres at 1919 N Flagler Drive: a 26-story condominium tower with 275 residences and a second tower of 170 rental apartments; condos of about 1,490-5,000+ sq ft with 10-foot ceilings: Source: Douglas Elliman and Haute Residence, verified October 2026
- Design team: Arquitectonica (architecture), Gabellini Sheppard Associates (interiors), EDSA (landscape); broke ground March 2024 with delivery expected late 2027-2028: Source: Douglas Elliman, verified October 2026
- Amenities include nearly 80,000 sq ft of amenity space, a private marina with six resident slips and a 192-foot dock, Jose Andres' first Palm Beaches restaurant, resort pools, a 13,000 sq ft Wright Fit fitness center, and a full-building generator: Source: Haute Residence and Palm Beach Luxury, verified October 2026
- Pricing from about $1.7M-$2M up to about $7.4M-$10M+ depending on size and floor: Source: Haute Residence, verified October 2026
Sources consulted for this guide
- Olara breaks ground in West Palm Beach (Douglas Elliman)
- Savanna secures $380M for West Palm Beach tower (Multi-Housing News)
- Olara West Palm Beach (Haute Residence)
Source links open in a new tab and are provided for verification only. Facts carry the verification date recorded above; prices, availability, and timelines change and require sales-gallery confirmation.
Verified facts carry the source links above, each pointing to the original public source where one is available. Everything else on this page is marked Not verified or Contact for current information. This page never hosts or hotlinks external files, renderings, brochures, or floor plans; where a document exists only on the developer's site, the source link above is the reference.
At a glance
Olara in West Palm Beach, in numbers.
County
Palm Beach
City
West Palm Beach
Neighborhood
West Palm BeachDeveloper
Savanna
Address
1919 N Flagler Drive, West Palm Beach, FL 33407
Price range
About $1.7M-$10M+ by size and floor
Starting price
From about $1.7M
Residences
275 condominiums (plus 170 rental apartments)
Floors
26-story condo tower
Sales availability
Sales released; financing secured
Est. completion
Late 2027-2028
Residence types
2-4 bedroom condos
Construction status
Under Construction
Property category
Condominium
Design & architecture
Architecture by Arquitectonica; interiors by Gabellini Sheppard Associates; landscape by EDSA
Official website
Contact for current information
Gallery
Renderings and interiors.
Developer renderings and interior imagery are updated as phases release. Current documents are shared privately with registered buyers.
Interior renderings on request
Floor plans on request
Pricing & availability
What Olara costs today.
The advertised starting price is the developer's published entry point. Available units, real pricing bands, and incentives change as phases sell, so we confirm current terms with the sales team before you commit capital.
- Advertised starting price
- From about $1.7M
- Published price range
- About $1.7M-$10M+ by size and floor
- Available units / sales status
- Sales released; financing secured
- Price by bedroom configuration
- From about $1.7M-$2M to about $7.4M-$10M+ depending on size and floor
- Penthouse pricing
- Contact for current information
- Deposit schedule
- Pre-construction schedule confirmed with the sales team; projects commonly stage deposits at 10%-20%
- Developer incentives
- Contact for current information
Current pricing sheet for Olara.
Price lists, deposit schedules, and any developer incentives are shared privately with registered buyers after the sales team confirms today's numbers.
Request current pricingWhere a number is not published on this page, the row reads Contact for current information rather than guessing. Never treat an advertised starting price as the price of a specific available unit.
Architecture & residences
The building and residences at Olara.
The building profile below records what this page verifies about the tower and its residences: floor counts, unit mix, dimensions, finishes, and views. Anything the page does not state is marked Not verified rather than guessed. Layouts, dimensions, and pricing change as phases sell, so current floor plan documents, view matrices, and availability are shared with registered buyers.
- Towers / floors
- 26-story condo tower
- Total residences
- 275 condominiums (plus 170 rental apartments)
- Residence types
- 2-4 bedroom condos
- Square footage
- Two Bedroom: ~1,700-2,200 sq ft; Three Bedroom: ~2,400-3,000 sq ft; Four Bedroom: ~3,200 sq ft+
- Ceiling heights
- 10-foot ceilings; 10-foot-deep terraces
- Finishes
- Not verified
- Kitchens
- Not verified
- Baths
- Not verified
- Smart-home features
- Not verified
- Parking & storage
- Not verified
- Views
- Intracoastal Waterway views at its widest point in West Palm Beach
The floor plans at Olara.
Layouts, dimensions, and pricing change as phases sell. We share current floor plan documents, view matrices, and availability with registered buyers.
Two Bedroom
2 bedroom · ~1,700-2,200 sq ft
From about $1.7M.
Three Bedroom
3 bedroom · ~2,400-3,000 sq ft
Waterfront exposure in the mid-floors.
Four Bedroom
4 bedroom · ~3,200 sq ft+
Corner residences up to about $10M.
Full floor plan documents, view matrices, and current availability are shared privately with registered buyers.
Request floor plansAmenities & lifestyle
The amenity program at Olara.
The list below records every amenity this page verifies for the project. Where the status of an amenity is not documented on this page, confirm with the sales team whether it is planned or already operating before you rely on it.
Private marina with six resident slips and 192-foot dock
Jose Andres restaurant (first in the Palm Beaches)
Resort pools with cabanas
13,000 sq ft Wright Fit fitness center
Spa and wellness center with onsen
Game room, wine cellar, and private dining
24-hour doorman, concierge, and valet
Full-building generator
Construction & completion
Where Olara stands today.
Completion dates on new construction are estimates, not promises: they shift with permitting, financing, and the pace of the build. Announced milestones below are the ones this page records; anything unverified is marked plainly, and the current timeline should be confirmed with the developer before you plan around it.
- Construction status
- Under Construction
- Estimated completion
- Late 2027-2028
- Announced milestones
- Broke ground March 2024; delivery expected late 2027-2028
Estimated completion is the developer's target as recorded on this page and is not a verified delivery date. Where the timeline is not verified, current scheduling requires confirmation with the project's sales team.
Location & neighborhood
Where Olara sits.
Address, neighborhood position, and nearby attractions below are recorded from this page's own project notes. Drive times, walk scores, and ratings are never invented on this site; where they are not documented here, the community guide is the best next step.
- Street address
- 1919 N Flagler Drive, West Palm Beach, FL 33407
- City
- West Palm Beach
- County
- Palm Beach
- Neighborhood
- West Palm Beach
- Position & nearby
- 1919 N Flagler Drive, West Palm Beach, on about 4 acres at the Intracoastal's widest point
- Transport notes
- Not stated on this page
Community guide
West Palm Beach
Explore West Palm Beach living, dining, and market context in the full community guide.
Explore the areaInvestment analysis
Why Olara matters to luxury buyers.
Why buyers are drawn
Olara combines waterfront Flagler positioning with secured construction financing and a larger, two-tower program, giving buyers scale alongside the corridor's boutique towers.
Market context
The Billionaires' Corridor's momentum favors delivered and firmly financed projects; Olara's March 2025 financing moved it into that category.
Deposit structure
Pre-construction deposits typically run 20% to 30% staged across contract and construction milestones, held in escrow.
Appreciation outlook
Waterfront scarcity and corridor demand support values, with a 2028 horizon. We compare entry against Flagler resale evidence before advising.
Ownership considerations
What to know before you commit.
General guidance for new construction buyers. Building-specific details are marked "Not verified" where they have not been confirmed for this project.
- Short-term rental policy
- Not verified on this page; rental rules are confirmed in the governing documents before you commit
- Minimum rental period
- Not verified
- Leasing / owner-occupancy rules
- Not verified; confirm current leasing and occupancy terms with the sales team
- HOA / condo fees
- Not published on this page; request the current budget before you commit
- Financing notes
- Not verified on this page; the deposit schedule above records the financing model this page states for the project, and loan terms are confirmed before contract
Closing costs
Florida buyer closing costs typically include title insurance, lender fees, county recording charges, prorated property taxes, and Florida documentary stamp tax on the purchase price. The exact figure for this project is not published on this page, so confirm the current estimate before you sign. Not verified.
Not verified
HOA and condo fees
New developments typically assess monthly HOA or condominium fees covering common areas, amenities, insurance, and building staff, with special assessments possible for capital projects. Monthly fees for this project are not published on this page; request the current budget. Not verified.
Not verified
Deposit process
Pre-construction purchases in Florida commonly require staged deposits across contract, groundbreaking, and closing milestones, held in escrow. The exact schedule for this project should be confirmed in writing with the developer before you commit. Not verified.
Not verified
Flood and wind insurance
Coastal Florida properties carry flood and windstorm insurance requirements that can add meaningfully to monthly carrying costs, and premiums have risen across the state. The current premium profile for this project is not published on this page; confirm with an insurance advisor. Not verified.
Not verified
Buyer questions
Olara, answered.
Pricing, deposits, timelines, the developer, and the investment case, answered directly. For the broader picture on South Florida new construction, browse the full FAQ hub.
New Construction South Florida FAQsWhat is the construction status of Olara?
Olara broke ground in March 2024 and the towers are under construction, with delivery expected in late 2027 to early 2028.
Who is developing Olara?
Savanna, the New York-based investment and development firm, with $380M in construction financing and Compass Development Marketing Group handling sales and marketing. Design is by Arquitectonica, Gabellini Sheppard Associates, and EDSA.
What are the current prices?
Pricing runs from about $1.7M to $2M up to about $7.4M to $10M+ depending on size and floor. Current inventory is confirmed with the sales team.
How many residences and what layouts?
275 condominiums in the 26-story tower, two to four bedrooms of about 1,490-5,000+ sq ft with 10-foot ceilings and 10-foot-deep terraces; a second tower holds 170 rental apartments.
What amenities are included?
Nearly 80,000 sq ft of amenities: a private marina with six resident slips and a 192-foot dock, Jose Andres' first Palm Beaches restaurant, resort pools, a 13,000 sq ft Wright Fit fitness center, spa with onsen, game room, wine cellar, private dining, and a full-building generator.
Can I rent out a residence?
Rental rules for the condo tower were not published in our sources. Confirm leasing and owner-occupancy terms in the condominium documents before you commit.
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