Prominent Southwest Florida developer London Bay Development Group (London Bay) has broken ground on The Ritz-Carlton Residences, Estero Bay. This milestone signifies the commencement of residential construction for Saltleaf on Estero Bay, which comprises two 22-story towers containing 224 residences. London Bay, city officials, development partners, and friends gathered at the project’s 5,000-square-foot sales gallery at 5000 Coconut Road in Bonita Springs to celebrate the groundbreaking on July 14. Honorary guests included Bonita Springs Mayor Rick Steinmeyer and City Council members Laura Carr and Jamie Bogacz, as well as Lee County Commissioners Cecil Pendergrass and Ray Sandelli.
“It is with immense pride that we commemorate the groundbreaking of The Ritz-Carlton Residences, Estero Bay,” said Stephen Wilson, Executive Vice President & CFO of London Bay Development Group. “The project’s success has been nothing short of extraordinary thus far, with future homeowners greatly appreciating our vision to bring a true lifestyle destination never before seen in the area, with the highest echelon of amenities and experiences coupled with the prestige of Ritz-Carlton hospitality. This is a special moment for the property and Saltleaf on Estero Bay, and we are extremely proud of this milestone moment.”
With nearly 60 percent of the residences sold and total sales reaching nearly $280 million, The Ritz-Carlton Residences, Estero Bay’s demand marks a record sales pace for Bonita Springs, Florida, and surrounding Southwest Florida markets. Unprecedented interest from buyers drawn to the property is due to its unrivaled offerings and the rare opportunity to live among hundreds of acres of nature on the shore of thriving Estero Bay.
Residences range from 2,628 to 3,885 square feet and include two, three, and four bedrooms, each with a den, priced from $3 million. Dedicated private elevator entry, unobstructed sunset views of the bay from every residence, and spacious balconies up to 2,200 square feet enhance the enjoyment of daily life. Storage will be plentiful, with generous bedroom closets and a private storage unit. Owners will choose three finish packages from Meyer Davis, the award-winning New York design studio behind the property’s stunning interiors and impressive shared spaces.
Nestled beside Estero Bay, the state’s oldest aquatic preserve, the residences present a unique opportunity for the legendary brand in a nature-filled oasis. Designed by Arquitectonica, the buildings’ cascading façades are inspired by the tranquil waterfront setting, seamlessly integrating with the surrounding topography. Each condominium frames the sky, capturing natural light from sunrise to sunset.
Legendary Ritz-Carlton service and personal connections will be evident in all aspects of ownership through the concierge team at The Experience Studio. Whether guests seek a private training session or spa treatment, the team will ensure a seamless experience. Spanning five acres, the amenities program offers an array of indoor offerings across 36,000 square feet. This includes a Wellness Center with fitness facilities, a yoga and Pilates studio, private training rooms, and locker rooms with steam and sauna. Enhancing the experience further, a centrally located 8,000-square-foot space will feature a Sunset Lounge, private dining room, Sports & News Café, Wine & Whiskey Room, card room, and a demonstration and catering kitchen.
The property’s outdoor oasis creates a serene environment, enveloped by enchanting gardens designed by landscape architect EDSA. Residents can indulge in three pools, ample open spaces, and floating-like pavilions around an expansive lagoon water feature that seamlessly merges with the picturesque Estero Bay. Additionally, the abundance of bocce courts, multiple fire pits, and barbecue stations provide ample opportunities for group gatherings and engaging activities.
The Ritz-Carlton Residences, Estero Bay, are situated in the newly developed coastal village of Saltleaf on Estero Bay, forming part of a master-planned community that seamlessly connects residents to over 500 acres of pristine nature preserve. A short stroll from the residences leads to the 72-slip Saltleaf Marina, which began construction last spring, and the Saltleaf Golf Preserve. This extensively renovated 18-hole championship course will soon feature a new nine-hole short course.
Just minutes away, residents will find the charming town of Bonita Springs, offering a delightful array of dining establishments, boutiques, and art galleries. Additionally, the acclaimed Barefoot Beach, recognized as one of the top 10 beaches in the U.S., is within easy reach. The convenient location of The Ritz-Carlton Residences, Estero Bay, ensures effortless access, with Southwest Florida International Airport only a 20-minute drive away.
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