Related Ross invests $1M in Trinity Park as Phillips Point transformation advances in West Palm Beach

• Related Ross is investing $1 million into Trinity Park upgrades
• Part of a broader $120 million repositioning of Phillips Point
• Office complex is now over 90% leased, signaling strong demand

What Related Ross is building

Related Ross is pushing forward its waterfront vision in West Palm Beach with a $1 million investment into Trinity Park, tied to the larger redevelopment of Phillips Point. The investment is part of a $120 million transformation of the office complex, aimed at repositioning the asset into a modern, amenity-driven workplace destination. The upgrades focus on integrating public space, retail, and office into a more connected environment.

What the park investment includes

Trinity Park is being redesigned as a public-facing waterfront destination with new landscaping, gathering areas, and food and beverage activation.

“Trinity Park has the potential to unlock a meaningful, waterfront destination beyond Phillips Point,” said Mac Filet. “We’re focused on creating an environment where tenants and the broader community can experience thoughtfully designed public spaces.”

The park will also feature a large-scale art installation, adding a cultural component to the development and increasing its appeal as a destination.

What the redevelopment means for Phillips Point

Originally built in 1985, Phillips Point is undergoing a full repositioning with façade upgrades, infrastructure improvements, and expanded amenities led by architect Roger Ferris + Partners. The redesign includes new restaurants at the base of the building, modernized systems, and updated interiors, as well as a lobby redesign led by Tony Ingrao. The redesign includes new restaurants at the base of the building, modernized systems, and updated interiors led by designer Tony Ingrao. The project is also incorporating a sculptural installation by Erwin Wurm, further enhancing the property’s identity and tenant experience.

What this means for leasing and the market

Leasing at Phillips Point remains strong, with occupancy exceeding 90% and rents aligning with top-tier properties in the market. This reflects continued demand for high-quality office space in West Palm Beach, particularly assets that combine location, amenities, and design. The addition of public space and retail is expected to further drive tenant interest and foot traffic.

What this means for developers and investors

This project highlights a growing trend of office repositioning through placemaking and mixed-use integration. Developers are investing heavily in public spaces, retail activation, and design upgrades to differentiate assets and attract tenants in competitive markets. For investors, it reinforces that capital is flowing toward well-located office properties that can evolve into lifestyle-driven environments. West Palm Beach continues to emerge as a key office market where placemaking and mixed-use strategies are driving value.