Palm Beach Post – Banyan Cay crafts deal to bring in luxury hotel partner

December 4, 2019

The West Palm Beach resort hotel remains unbuilt, but the project’s developer says he has a plan to start construction.

Banyan Cay Resort & Golf, the partly built resort in the heart of West Palm Beach, has brought in a Miami-based investment partner to help complete construction and turn the project into a more upscale hotel than originally planned.

Gencom of Miami has taken a major stake in Banyan Cay, creating a 50-50 partnership in the venture, according to Banyan Cay developer Domenic Gatto, Jr.



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