STOCK Residences, the luxury condominium division of Naples-based STOCK Development, has begun construction on The Ritz-Carlton Residences, Naples, the first Ritz-Carlton-branded residences in the area. The groundbreaking ceremony on November 16 welcomed over 100 industry leaders, local dignitaries, property owners, and top-producing realtors to the project’s waterfront site. This milestone event featured a champagne toast and brunch. Architectural firm CGHJ Architects, internationally renowned interior architect Cristian Pinedo, landscape architecture firm Booth Design Group, and J.R. Evans Engineering are collaborating on this project. Suffolk Construction serves as the general contractor.
The Palm Beach, Florida-based real estate development and investment firm Kolter Urban has announced plans for The Island at West Bay Club, a 24-story tower located at 22050 South Tamiami Trail in Estero, Florida, within the West Bay Club community on Florida’s Paradise Coast. Designed by Garcia Stromberg Architects, this tower will feature 86 residences, each offering spectacular views of the Gulf of Mexico and West Bay Club’s championship golf course. In addition, the development will include a variety of signature resort-style amenities designed to provide world-class living within the comforts of a close-knit community. Suffolk Construction is the general contractor, and Compass Realty handles sales and marketing.
Fisher Brothers, an esteemed fourth-generation real estate company renowned for its ownership, management, and operation of distinctive properties nationwide, has announced the commencement of construction for Wynhouse Miami. This mixed-use multifamily development is poised to make a lasting impact in the heart of Miami’s vibrant Wynwood neighborhood. Soaring eight stories, Wynhouse Miami will encompass 308 rental residences, offering an exceptional living experience. With approximately 26,000 square feet of ground floor retail and paseo space and expansive indoor and outdoor amenities spanning nearly 25,000 square feet, this development promises a truly immersive lifestyle.
Downtown St. Petersburg is bracing for a historic night as construction on The Residences at 400 Central, a 1.3-million-square-foot project developed by New York-based Red Apple Real Estate, enters a pivotal phase. Suffolk Construction, the project’s general contractor, is coordinating the largest-ever continuous pour of concrete for a non-governmental project in the city’s history, set to begin tonight around 9 PM. This monumental undertaking is crucial in realizing the vision of the project’s architect, Arquitectonica, which will ultimately rise 515 feet as the tallest residential condominium on Florida’s Gulf Coast.
Our sources note that developers secured a $340 million construction loan for the Ritz-Carlton Residences, Palm Beach Gardens. The 11-acre venture will offer three-bedroom to five-bedroom units, measuring about 2,700 square feet to 5,000 square feet each.