West Palm Beach Emerges as a National Economic Powerhouse with Major Investments and Institutional Arrival

A migration surge from New York to South Florida is transforming West Palm Beach into a booming economic hub. Led by Stephen M. Ross’s nearly $10 billion investment—crafting more than 6 million sq. ft. of office, residential, retail, and hotel space—Palm Beach County is positioning itself among America’s top long-term growth cities.

The region’s rise is further amplified by the arrival of Vanderbilt University’s new campus, supported by Ross. Major financial firms like Goldman Sachs and JP Morgan have expanded in the area, earning it the nickname “Wall Street South.”

Between 2020-2021, more than $7 billion in taxable income was added to the region, and millionaire growth has surged 93% over the last decade, reflecting heightened wealth migration and confidence. Tolliver Prince Realty, led by experts Steve Prince and John Tolliver, is supporting affluent New Yorkers relocating with data-driven, confident guidance.

West Palm Beach is now at the forefront of America’s next growth chapter, driven by massive investment, educational innovation, and financial strength.

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