West Palm Beach Unveils 'Billionaire's Corridor' with Alba Luxury Condos

The city of West Palm Beach has officially welcomed its newest addition to the luxury real estate scene: the Alba luxury condominium. Located on North Flagler Drive, this 22-story tower marks the beginning of a new era for the area, dubbed 'billionaire's corridor'. Developer Kenneth Baboun, manager of BGI Cos., envisions this stretch of waterfront property transforming into a hub for ultra-luxury living, with several high-rise developments in the pipeline, including the Olara, Apogee, and Mandarin Oriental Residences. The Alba itself boasts 55 luxury condominiums, starting at $2.5 million, with an average unit price of $3.5 million. Residents can enjoy private event spaces, on-site health services, and oversized balconies with outdoor kitchens, all while taking in panoramic views of the Intracoastal Waterway and Atlantic Ocean. With its resort-like amenities, including two pool decks, a bocce court, and a private dining room, the Alba sets a new standard for luxury living in West Palm Beach. Baboun's vision for the area is one of exclusivity, with a unique character that sets it apart from other cities like Miami. As the first to deliver in this corridor, the Alba is paving the way for a new wave of development that promises to transform the once sleepy Northwood neighborhood into a thriving hub of luxury and sophistication.