Second Ritz-Carlton residences building planned for Quay
Construction of a new residential tower under the Ritz-Carlton banner could begin by the end of 2023 in the Quay Sarasota district, with condominium units selling for between $3.5 million and $11.5 million.
The 20-story, 74-unit Ritz-Carlton Residences, Sarasota Bay would be built alongside the Ritz-Carlton, Sarasota tower that opened in 2021 and within the boundaries of the master-planned, multi-use district between U.S. 41 and the bayfront.
Multimillion-dollar condos hit the market in Sarasota
The Ritz-Carlton Residences, Sarasota Bay has opened its sales operations as construction is set to begin later this year.
The 20-story luxury tower, which will be built in the mixed-use Quay Sarasota development, will have 78 units with prices ranging $3.5 million to $11.5 million.
Sales for the property will be handled by Premier Sotheby’s International Realty, which will have a gallery in the lobby of The Ritz-Carlton, Sarasota.
Luxury Serviced Apartments Head to London’s Mayfair District; Developer Announces Plans for Ritz-Carlton Residences, Sarasota Bay
The 14th-floor residence at The Bristol, a 25-story condominium tower in West Palm Beach, has recently sold for just over $12 million, making it one of the city’s priciest apartment sales this year, Mansion Global reports. The three-bedroom home was sold by Chicago-based developer Wanxiang America Real Estate and purchased by an unidentified buyer, who acquired the property through a trust. The abode spans 4,200 square feet with marble flooring throughout and direct ocean and intracoastal views from the living and dining rooms, master suite, and kitchen.
The sale was a record for the building and the highest price paid per square foot in West Palm Beach ever, at $3,364 per square foot.
Leslie Jordan’s Final LA Home Hits the Market, Steve Wynn Lists His $90 Million Duplex, and More Real Estate News
There’s always plenty happening in the world of real estate, from branded developments to celebrity listings connected to Leslie Jordan, Steve Wynn, and more.
In this roundup, AD PRO has everything you need to know.
Less than two months after his sudden death in October, beloved actor Leslie Jordan’s West Hollywood condo is for sale for a touch under $1.8 million. Sadly, the 67-year-old entertainer barely had time to enjoy the place: He purchased it in August for a reported $1.75 million from the estate of late Ghostbusters director Ivan Reitman.
Kolter Urban Announces Development of The Ritz-Carlton Residences, Sarasota Bay
Kolter Urban announced the launch of The Ritz-Carlton Residences, Sarasota Bay on December 19. The Palm Beach, Florida-based real estate development and investment firm will develop the waterfront residential tower that will house 78 spacious residences.
The tower will give its residents impeccable views of the harbor, Sarasota Bay, Downtown Sarasota’s cityscape, and the Gulf of Mexico. Its location is centered at Quay Sarasota, the region’s newest mixed-use development featuring a waterfront boardwalk, marina, restaurants, and specialty shops.
The Ritz-Carlton Residences, Sarasota Bay to Offer 78 Spacious Residences
Kolter Urban, a Palm Beach, Florida-based real estate development and investment firm, announces the debut of The Ritz-Carlton Residences, Sarasota Bay, an impeccable waterfront residential tower offering 78 spacious residences. The expertly designed property will provide spectacular views of the harbor, Sarasota Bay, Downtown Sarasota’s cityscape and the Gulf of Mexico, and is located within Quay Sarasota, the region’s newest destination mixed-use development featuring a waterfront boardwalk, marina, restaurants, specialty shops and services.