Related Ross
| Formerly | Related Southeast |
|---|---|
| Industry | Real estate development, Property management |
| Founded | 2024 |
| Founder | Stephen M. Ross |
| Headquarters | West Palm Beach, Florida |
Number of employees | 125 |
| Website | www |
Related Ross is an American real-estate firm, founded in 2024 by Stephen M. Ross.[1][2][3][4] It is West Palm Beach, Florida’s largest developer and Class A landlord, owning nearly 3 million square feet of commercial space as well as a mixed-use complex and residential properties, including CityPlace.[5][6][7]
As of 2025, Related Ross is investing approximately $10 billion to develop 8 million square feet of space across West Palm Beach.[5][8]
History
Stephen Ross began amassing property in South Florida during the COVID-19 pandemic, noticing a migration of people and companies moving to Florida for its weather and tax policies.[1] In July 2024, Related Ross was launched, with Ross acting as chairman and CEO.[1][6]
In February 2025, Related Ross opened its first project, One Flagler, a 270,000 square-foot building standing 25-stories tall and featuring a 1.25-acre park showcasing works by Fred Eversley.[9]
In June 2025, Related Ross released revised plans for a “mini-downtown” development in Wellington, Florida.[10]
Related Ross requested a $1.3 million grant from the city of West Palm Beach in July 2025 to renovate two buildings on the historic Hibiscus House property and develop a restaurant.[7] That same month, it was announced that the firm was nearing completion for a $700 million debt package deal to finance the construction of 10 CityPlace and 15 CityPlace with a combined square footage of almost 1 million feet.[11]
References
- ^ a b c Peter Grant (July 11, 2024). "Stephen Ross Is Launching His Second Act at 84: A New Florida Real-Estate Firm". Wall Street Journal. Retrieved August 24, 2025.
- ^ Lidia Dinkova (March 5, 2024). "Steve Ross' Related starts pre-leasing 322-unit downtown West Palm apartment project". The Real Deal. Retrieved August 28, 2025.
- ^ Lidia Dinkova (July 11, 2024). "Steve Ross launches firm focused on West Palm investments, steps back from Related". Real Deal. Retrieved August 30, 2025.
- ^ Anna J Kaiser (September 16, 2025). "Billionaire Ross Lures ServiceNow for South Florida Expansion". Bloomberg. Retrieved September 24, 2025.
- ^ a b Craig Karmin; Deborah Acosta (February 21, 2025). "Can This Developer Make West Palm Beach Into the Hottest City in America?". Wall Street Journal. Retrieved August 24, 2025.
- ^ a b Lidia Dinkova (November 15, 2024). ""It's a canvas": Kenneth Himmel digs into Related Ross' West Palm Beach bet". Real Deal. Retrieved August 24, 2025.
- ^ a b Andrew Marra (July 1, 2025). "Related Ross wants $1.3M grant from city of West Palm Beach to convert historic house into restaurant". Palm Beach Post. Retrieved August 24, 2025.
- ^ Mehta, Stephanie (2025-09-16). "Exclusive: A giant 'AI Institute' is coming to West Palm Beach. Yes, West Palm Beach". Fast Company. Archived from the original on 2025-10-09. Retrieved 2025-10-22.
- ^ Joshua S. Andino (February 6, 2025). "Related Ross opens 'future of West Palm Beach' with One Flagler office tower". CoStar. Retrieved August 27, 2025.
- ^ Elise Catrion Gregg (June 18, 2025). "How Wellington is growing: Related Ross fine-tunes plan for mini-downtown at K-Park site". Palm Beach Post. Retrieved August 27, 2025.
- ^ Julie Echikson (July 22, 2025). "Stephen Ross Nears $700M Deal to Build West Palm Beach Offices". Commercial Observer. Retrieved August 27, 2025.