(Crystal Proenza is associate editor of Real Estate Florida.)

WEST PALM BEACH, FL- The construction company of Moss & Associates has completed CityPlace South Tower—a 420-unit luxury condominium tower located at 550 Okeechobee Blvd. Local brokers say the $106 million project developed by the Related Group is being delivered at an extremely challenging time for the West Palm Beach condo market, where many projects under construction have been stopped dead in their sites or have been canceled all together.

The 20-story condo, designed by Miami-based Roger Fry & Associates Architects, features 40 private villas as well as 9,333 square feet of ground floor commercial and retail space. Amenities include a connecting 685-space parking structure with a 22,940-square-foot roof-top recreation deck featuring a resort-style pool, spa, cabanas, fountains and gardens.

Calls to the Related Group were not returned last week. Back in May, Arturo F. Pena, senior project manager for the tower, told GlobeSt.com that despite the endlessly reported troubles in the multifamily sector, the building was already 87% sold. At that time he also revealed that the ground-floor retail space had been sold to two landlords who planned to sublease the space.

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