10/03/2025 | Press release | Archived content
WEST PALM BEACH, FL. - October 3, 2025 - Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States and leading tech-enabled real estate services company, announces it will be leading sales for Olara, West Palm Beach's highly anticipated luxury condominium development, developed by Savanna. Located at 1919 North Flagler Drive, the development is poised to become the centerpiece of West Palm Beach's waterfront, offering a seamless blend of resort-level amenities, elegant design with sweeping views of the Intracoastal Waterway, Palm Beach Island and the Atlantic Ocean.
"We are proud to bring an innovative sales experience to one of South Florida's most important residential developments," said Compass President Rory Golod. "With the veteran expertise of Alison Newton and her team, we are uniquely positioned to broaden Olara's reach and support Savanna as this extraordinary project enters its next phase."
Sales at Olara will continue to be led by seasoned Palm Beach executive Alison Newton, SVP of Luxury Sales at Compass Development Marketing Group (CDMG), who brings decades of experience in the real estate development industry. Having worked for many years with developers of luxury condominiums throughout Palm Beach and South Florida, Chris Deitz, a top Compass agent with almost three decades of experience and $2 billion in sales in the Palm Beaches, will serve as the project's Palm Beach ambassador.
"Olara reflects Savanna's commitment to creating transformative properties that elevate communities where we build," said Chris Schlank, Co-Founder of Savanna. "Compass brings valuable expertise and reach to connect this project with buyers who appreciate Olara's distinctive mix of design, wellness, and waterfront living."
Olara represents a landmark opportunity for investment in West Palm Beach, which has quickly become one of the country's hottest real estate markets. With pricing beginning at $2 million, the development will be the first new condominium to be completed in the city's evolving Southern Northwood neighborhood, bringing not only private residences but also a new restaurant from the world-renowned José Andrés Group. With modern architecture by Arquitectonica, Olara will rise 26 stories and offer two- to four-bedroom plus den residences, curated by Gabellini Sheppard Associates. Floor plans range from approximately 1,500 to over 4,200 square feet and blend natural light, organic textures and a palette of warm neutrals to create serene, sophisticated living environments. Residences will feature expansive great rooms with floor-to-ceiling windows, open kitchens with European-style cabinetry and honed marble countertops, spa-like baths designed as personal retreats and spacious private terraces.
Featuring an expansive, 80,000-square-foot amenity collection, Olara embodies a wellness-focused lifestyle where residents can enjoy a 13,000-square-foot fitness center designed by The Wright Fit, complete with open-air yoga decks, performance training zones and a recovery spa. A lap pool and separate leisure swimming pool anchor the outdoor offerings, complemented by a juice bar and landscaped waterfront veranda by EDSA overlooking the Intracoastal. Additional wellness amenities include a Japanese-style Onsen, sauna, steam and treatment rooms, cold plunge, vitality pools, meditation rooms and exclusive access to premier medical services through Sollis Health. Residents will also have access to distinctive lifestyle offerings such as culinary programming by the José Andrés Group and yachting experiences on the Intracoastal from Olara's private dock.
Olara is a project developed by Savanna, a proven owner, operator, developer and institutional fund manager that has been in business for 33 years, during which time it has invested in and developed over 17 million square feet of real estate. Other parties affiliated with the sponsorship of the project include the Mactaggart Family Partnership, which has invested in and developed premier real estate projects in the United States and England for over 100 years, as well as Haymes Investment Company and Brandon Rinker, which were instrumental in putting under contract several of the parcels within the assemblage that created the Olara development site.
For more information, please visit www.olarawestpalmbeach.com or contact the sales office at 561-448-3015 or [email protected].