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Stephen Ross on Palm Beach, Dolphins Future

Bloomberg Markets •
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Stephen Ross, head of Related Ross and Miami Dolphins owner, shared his vision for West Palm Beach development and his football franchise at a Bloomberg Newsmakers event. He sees a booming business corridor taking shape across the intracoastal from Miami. Ross's Related Companies has already delivered major office towers like One Flagler and 360 Rosemary, anchoring a new downtown skyline.

Ross argues that West Palm Beach has evolved into a legitimate satellite for financial and hedge fund firms escaping South Florida congestion. His firm's pipeline includes more luxury residential and hospitality projects, betting that a growing white-collar workforce will sustain demand. The strategy mirrors moves by competitors such as Citadel and Elliott Management, which have established large Palm Beach County bases.

On the Dolphins, Ross reiterated his commitment to long-term ownership while batting down persistent sale rumors. He pointed to recent stadium upgrades and community investments as proof of his dedication. With the NFL's media rights booming and franchise valuations soaring, he suggested the team is not on the block. Still, fans will watch for any succession planning signals as he ages.