Foundation Work Begins on 21-Story Alida Residences and Tribute Hotel in Downtown West Palm Beach

Foundation work is underway on Alida Residences and a Tribute Portfolio by Marriott hotel at 506 and 524 Datura Street in Downtown West Palm Beach. Corwil Architects designed the approximately 350,000-square-foot project, which LD&D and IGEQ are developing with FrontRange Capital Partners as capital and investment partner. KAST Construction is the general contractor.

The project includes a 21-story residential tower rising roughly 230 feet and a separate hotel building. KAST reports that crews are installing auger cast piles, sheet piles and tangent piles, which support excavation and must be finished before the superstructure can advance. Groundbreaking occurred on July 17, 2026, after several years of planning and approvals.

The site sits directly across from the Brightline station. A multiyear rezoning, interrupted by the pandemic, raised the permitted floor area ratio from 2.75 to 6.5 in exchange for adding a hospitality component. The residential portion will contain 181 rental units ranging from studios to three-bedrooms, roughly 500 to over 2,000 square feet. Although planned as one development, the residences and hotel will be built as two independent buildings.

For developers and lenders, the case shows how a hospitality component can unlock higher density in a transit-oriented downtown core.