Mar 25, 2026
Bobby Ebrahimzadeh Partners With Hedrick Brothers for ‘The Modern’ Office Tower in Palm Beach Gardens
Traded Media
Traded Editorial
- Gatsby Florida selects Hedrick Brothers Construction as general contractor
- 220,000 square foot Class A office tower planned in Palm Beach Gardens
- Project targeting Fortune 500 tenants amid South Florida corporate migration
What the Contractor Partnership Means for Project Execution
What the Project Means for Office Demand in South Florida
The Modern will rise as an eight-story, 220,000 square foot office building designed to attract financial firms, legal groups, and Fortune 500 tenants relocating from higher tax markets. The building will feature large floor plates, high-end amenities, and a mix of dining and service retail. This aligns with the growing demand for lifestyle-oriented office environments that support a “live, work, play” experience. Active pre-leasing is already underway, indicating early confidence in tenant demand.
What Amenities and Design Mean for Tenant Appeal
What This Means for Investors and the Market
The Modern reflects a broader trend of companies relocating to South Florida, driving demand for new, high-quality office space. Developers are responding by delivering amenity-rich buildings tailored to institutional tenants. For investors, the project highlights continued confidence in Palm Beach County as a business hub, particularly as migration trends reshape office demand across the region.