Promises Made. Promises Kept.
Posted on December 20, 2023
As 2023 comes to a close, Kolter Urban is marking the milestone with a decade in review. Over the past ten years, the company has been instrumental in the development of Downtown Sarasota. Kolter’s landmark properties have shaped the beautiful Sarasota skyline and have created exceptional lifestyle communities for nearly 1,000 families. The lineup of completed properties include VUE Sarasota Bay, Mark Sarasota, The Ritz-Carlton Residences Sarasota, and its newest completion, Bayso which is currently welcoming residents home to the waterfront district at The Quay.
As Kolter Urban’s attention turns to the new year, their latest offering at The Ritz-Carlton Residences, Sarasota Bay is building momentum. The luxurious condominium tower is the first of three planned condominiums artfully located within this extraordinary private residential haven. Located directly on the harbor adjacent to The Ritz-Carlton Residences Sarasota, the newest luxury tower received complete Site Plan Approval from the City of Sarasota in July of 2023. This bespoke waterfront tower is now firmly on the path to realization.
Timeline for Development
As an experienced development team with an impressive portfolio of more than $6.3 billion, Kolter Urban has announced the projects planned timeline, including:
- Site work commencing in the coming weeks
- Formal groundbreaking and foundation work will commence Q2, 2024
- Structural Topping Out, scheduled for Q1, 2025
- Project Delivery Beginning Q2, 2026
Exclusive Services & Amenities
The Ritz-Carlton Residences, Sarasota Bay Sales Gallery is currently located in the Ritz-Carlton hotel in Sarasota. The project is now executing residence-specific sales contracts. Residents of the new tower will be the first to experience the expanded amenities and services which will include a private culinary kitchen, harborside watersports, a world-class wellness center and membership access to The Harbor Club’s exclusive premises.
Ritz-Carlton Owndership Privileges
Residents will also enjoy owner’s privileges throughout the Ritz-Carlton portfolio of properties around the globe. The benefits of Residence Ownership are designed to provide personalization, pleasure and peace of mind. Whether you’re considering a day trip to a UNESCO World Heritage Site. need a tee time or a dinner reservation, The Ritz-Carlton ownership concierge services team handle the specifics for you. The sales team will provide details to interested homeowners.
The Ritz-Carlton Residences, Sarasota Bay represents the next evolution of luxury living in Downtown Sarasota. The exceptional residences range from 3 to 5 bedrooms, 3,487 to 5,816 sq. ft. and are priced from $3.5 to over $12 million. For more information visit TheResidencesSarasotaBay.com or call 941.499.8704 to schedule an appointment. The Preview Gallery is located in the Lobby of the Ritz-Carlton hotel at 1111 Ritz-Carlton Drive.
The Ritz-Carlton Residences, Sarasota Bay are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Ritz-Carlton”). KT Sarasota South, LLC uses The Ritz-Carlton marks under a license from Ritz-Carlton, which has not confirmed the accuracy of any of the statements or representations made herein.