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Banyan Tree Residences or Olara: fact against fact

Banyan Tree Residences and Olara are both in West Palm Beach. Here they are side by side, in the developers’ own words, with nothing added but the order.

This page compares. Whether either building suits you is a separate conversation. Contact the desk at Miami Dossier for the current position on any building we cover.

The Two Addresses

Where each one stands.

Banyan Tree Residences. 400 Hibiscus Street, West Palm Beach, FL 33401; downtown, moments from the Intracoastal Waterway, near Worth Avenue, CityPlace and Royal Poinciana Plaza.

Olara. 1919 N Flagler Drive, West Palm Beach, overlooking the Intracoastal Waterway; Currie Park and the NORA District walkable per the developer; Worth Avenue on Palm Beach island minutes away.

The Two Teams

Who is building and designing each.

Banyan Tree Residences. 400 Hibiscus Acquisitions, LLC; presented as Mast Capital and Curated JCZM Development.

Olara. Savanna, New York based real estate investment manager formed in 1992; construction by SavCon and Gilbane; exclusive sales and marketing by Compass Development Marketing Group.

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The Architects

Who drew them.

Banyan Tree Residences. OMA (architecture); Yabu Pushelberg (interiors); Enea Landscape Architecture.

Olara. Arquitectonica; landscape by EDSA.

The Homes

Count, bedrooms, sizes.

Banyan Tree Residences. 88 private residences plus a penthouse collection: one- to four-bedroom corner residences with wraparound terraces, 10-foot ceilings, floor-to-ceiling impact glass, direct elevator entry in most; Yabu Pushelberg kitchens with Sub-Zero and Wolf; primary baths with rain shower and sculptural freestanding tubs.

Olara. 275 residences of two to four bedrooms plus den across 26 storeys; construction at floor 15 as of August 2026; phased delivery late 2026 through 2028.

The Amenities

What each building offers its residents.

Banyan Tree Residences. A full floor of wellness and spa: reflection and meditation garden, treatment rooms, rainforest showers, hammam, steam, sauna, soaking baths, cold plunge, cryotherapy, meditation dome, ice fountain; signature pool and cabanas; juice bar; garden bar and lounge; open-air cinema; golf simulator; speakeasy; rooftop amenity deck; children’s discovery garden; pet retreat; putting green.

Olara. Over 80,000 square feet centred on a private sixth floor deck; dining by Jose Andres Group including an 8,500 square foot indoor and outdoor waterfront restaurant and a dockside oyster bar; private marina with resident slips, a captained fishing boat and a cruising yacht; 24 hour doorman, valet and security; resident manager and concierge.

The Desk’s Read

One line on each, from the dossiers.

Banyan Tree Residences: OMA’s 26-storey tower bringing Banyan Tree’s wellness-hospitality brand to downtown West Palm Beach, with a full spa floor and global resort privileges for owners.

Olara: Two hundred and seventy five homes on the Intracoastal with a private marina, a Jose Andres restaurant and an 80,000 square foot amenity deck, delivering in phases from late 2026.

Two answers to two different questions. The desk asks the question first.

Sources

What this note rests on.

Developer materials for Banyan Tree Residences and Olara as carried on the live dossiers, verified September 2026. Compiled by the desk at Miami Dossier; figures are approximate and the developers’.

The Shift

What the desk holds on both

Contact the desk at Miami Dossier for the current release, the plans by line and the deposit structure of either building, discussed one to one.

The plans by line, and which lines are left. The developer’s current release, not the brochure’s.
The deposit schedule. Proportions, trigger dates, and where the money sits.
What the sales gallery will not volunteer. The view lines that close, the floors that trade first, the association budget.
Where we would not proceed. Sometimes the answer is a different building. Sometimes it is not yet.

WhatsApp the desk · 305.588.4547·[email protected]

Common Questions

What buyers ask when choosing between the two

Where is Banyan Tree Residences?
400 Hibiscus Street, West Palm Beach, FL 33401; downtown, moments from the Intracoastal Waterway, near Worth Avenue, CityPlace and Royal Poinciana Plaza.
Who is developing Banyan Tree Residences?
400 Hibiscus Acquisitions, LLC; presented as Mast Capital and Curated JCZM Development.
How many residences at Banyan Tree Residences?
88 private residences plus a penthouse collection: one- to four-bedroom corner residences with wraparound terraces, 10-foot ceilings, floor-to-ceiling impact glass, direct elevator entry in most; Yabu Pushelberg kitchens with Sub-Zero and Wolf; primary baths with rain shower and sculptural freestanding tubs.
Where is Olara?
1919 N Flagler Drive, West Palm Beach, overlooking the Intracoastal Waterway; Currie Park and the NORA District walkable per the developer; Worth Avenue on Palm Beach island minutes away.
Who is developing Olara?
Savanna, New York based real estate investment manager formed in 1992; construction by SavCon and Gilbane; exclusive sales and marketing by Compass Development Marketing Group.
How many residences at Olara?
275 residences of two to four bedrooms plus den across 26 storeys; construction at floor 15 as of August 2026; phased delivery late 2026 through 2028.
Which is better, Banyan Tree Residences or Olara?
Neither in the abstract. They answer different questions; the desk starts with yours and compares the lines you would actually consider.
Can the desk show me both?
Yes, from the current release and the plans by line for each, one to one.
Who is the developer of Olara?
Savanna, New York based real estate investment manager formed in 1992; construction by SavCon and Gilbane; exclusive sales and marketing by Compass Development Marketing Group.
How many residences does Olara have?
275 residences of two to four bedrooms plus den across 26 storeys; construction at floor 15 as of August 2026; phased delivery late 2026 through 2028.
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Before You Act On Any Of This

Before you act on any of this

We hold no listings and we are not the developer. Contact the desk at Miami Dossier and we will tell you what applies to your situation, what does not, and where we would not proceed. For these two that usually means the question before the building. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.

WhatsApp the desk · 305.588.4547·[email protected]

Who answers this page

The Miami Dossier team works for the buyer, not the developer. Every agent on Samuel Strauch’s team represents buyers in Miami pre-construction.

A person replies within 24 hours, usually much sooner. On weekends, back on Monday morning.

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