Nov 18, 2024
Developers Complete and Open Edera Palm Springs, a 264-Unit Residential Community in West Palm Beach
Florida Yimby
Mast Capital, Rockpoint, and The Spear Group have announced the official opening of Edera Palm Springs, a new residential community offering 264 upscale apartments in the rapidly growing village of Palm Springs within West Palm Beach. Located at 2085 South Congress Avenue, Edera Palm Springs provides a walkable garden-style community with 11 three-story buildings amid lush landscapes and is just a 15-minute drive from downtown West Palm Beach. Currently experiencing a solid leasing demand, Edera Palm Springs has approximately 60% of units leased shortly after opening.
“Our early lease-up success at Edera Palm Springs underscores the continued demand we are seeing from residents seeking a thoughtfully developed residential community, like Edera Palm Springs, that offers an elevated and modern design combined with well-appointed amenities,” said Camilo Miguel, Jr., CEO and Founder of Mast Capital. “Given that the Village of Palm Springs has seen a significant growth in population, there is pent-up demand for newly built luxury rental communities like ours that meet the higher standards of today’s discerning renters.”
Designed by MSA Architects with interior design by HPA Design Group, Edera Palm Springs provides a selection of one-, two-, and three-bedroom apartment options, with sizes ranging from 715 to 1,215 square feet. Residents can access various amenities tailored for modern living, including a central clubhouse, indoor and outdoor yoga and fitness areas, an expansive lake with a walking path, a dog park, a children’s playground, and a resort-style pool with cabanas and lounge chairs. Indoor facilities feature co-working spaces, conference rooms, a game room with billiards and foosball, and a fitness studio outfitted with cardio and weight-training equipment. Each apartment offers high-end finishes, including wood cabinets, quartz countertops, stainless steel appliances, and open living and dining layouts with accessible Wi-Fi. The property also includes conveniences such as smart parcel lockers, electric vehicle charging stations, optional storage units, and lawn games for resident use.
The village of Palm Springs has recently experienced rapid population growth, driving demand for new rental housing options in highly desirable areas. With easy access to Palm Beach International Airport, shops, dining options, parks, and beaches, Edera Palm Springs is ideally positioned to serve residents moving to the South Florida area.