The Weekly Take from CBRE

Legacy: The Legendary Stephen M. Ross on Building a Real Estate Empire and Florida’s Next Great City

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Aug 11, 2025
Stephen M. Ross, CEO and chairman of Related Ross and owner of the Miami Dolphins, shares his vision for West Palm Beach as a burgeoning business hub. He discusses the importance of walkability and a vibrant community in attracting top talent. Ross emphasizes the thriving Class A office space market, demonstrating strong demand despite national trends. He advocates for inclusive growth through investments in education and cultural amenities, creating a well-rounded ecosystem that positions Palm Beach County alongside top growth markets like Austin.
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ANECDOTE

Building A Business Hub From Scratch

  • Stephen Ross recruited a hospital, university programs, K–12, retail, and offices to build West Palm's ecosystem.
  • He intentionally layered amenities to convert a back-office market into a front-line business hub.
ANECDOTE

Recruiting Top-Tier Healthcare Brands

  • Ross pursued top-tier healthcare brands to close West Palm's medical gap.
  • Bringing Cleveland Clinic made the market demonstrably more credible for companies and residents.
INSIGHT

Walkable Waterfront Wins Talent

  • Walkability plus waterfront access gives West Palm a lifestyle edge that attracts top talent.
  • Ross says ocean views and a walkable urban fabric are essential components of tenant appeal.
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