Four questions come up in every first conversation about Olara. Here they are in order, with what the record says and what the record does not.
This page is a framework. Whether the building suits you is a separate conversation. Contact the desk at Miami Dossier for the current position on any building we cover.
Olara is at 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. Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison. This page is the first-time Miami buyer’s reading of it, as a framework to verify, never as a finding.
The record, in the developer’s words: Development: 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. Architecture: Arquitectonica; landscape by EDSA. Interiors: Gabellini Sheppard. Position: 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.
Compare as you read: Alba Palm Beach and Banyan Tree Residences answer the same questions differently, and the desk holds the documents for all three.
The developer’s deposit schedule for Olara is a contract exhibit held by the desk and read with you before signing; it is not published. Florida law requires deposits to sit in escrow, and lets a developer use amounts above ten percent for construction with the right disclosures; the question is which account, which conditions, and what the contract says if delivery is late.
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. A delivery date in a brochure is an estimate; the outside date is in the purchase agreement, and the difference between the two is where buyers get surprised. Ask for the outside date, the milestone the developer has reached today, and the penalty if the outside date passes.
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. Every amenity has a line in the first budget: staffing, insurance, reserves, and any brand or management fee. Ask for the estimated first budget by line and for the reserve schedule; the law now watches the reserves.
Two assigned full sized parking spaces with EV capability per residence; twelve guest suites in the building. The second buyer is the same kind of person as the first, arriving three to five years later into a building where every neighbour closed at once. The lines that hold value are the ones the first buyers fought over. Ask which lines went first in the current release.
Four questions, one sitting, one desk.
Developer materials for Olara as carried on the live dossier, verified September 2026. Compiled by the desk at Miami Dossier; figures are approximate and the developer’s.
Contact the desk at Miami Dossier for the documents behind every line here, read one to one with you and your first-time Miami buyer.
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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 a first conversation that means the four questions before the rendering. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.
Miami Dossier is the private buyer advisory of Metrik Real Estate, built to represent buyers in Miami pre-construction. Principal: Samuel Strauch.
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