DEVELOPER OF THE RITZ-CARLTON RESIDENCES, ESTERO BAY SURPASSES 60 PERCENT SELL-OUT ON HEELS OF BREAKING GROUND
NAPLES, Fla., Oct. 10, 2023 /PRNewswire/ -- On the heels of commencing construction this summer, The Ritz-Carlton Residences, Estero Bay are officially over 60 percent sold out, with purchases totaling $300 million to date and now under contract. The record sales pace for the city of Bonita Springs, Fla., and surge of activity is the result of unprecedented interest from buyers drawn to the unrivaled offerings and rare opportunity to live among nature on the shore of the thriving Estero Bay aquatic preserve. Led by visionary London Bay Development Group, the property will feature 224 distinguished residences within two elegant 22-story towers on nearly a mile of waterfront within the emerging village of Saltleaf on Estero Bay.
- In July, London Bay, city officials, development partners and friends gathered at the property's lavish sales gallery, at 5000 Coconut Road in Bonita Springs, to celebrate the groundbreaking.
- Foot traffic through the stunning 5,000-square-foot space has been unrelenting throughout the season to seize the opportunity to call The Ritz-Carlton Residences, Estero Bay home.
- The Ritz-Carlton Residences, Estero Bay are set within the new coastal village of Saltleaf on Estero Bay, a master-planned community that connects residents to over 500 acres of nature preserve.
- The Ritz-Carlton Residences, Estero Bay are not owned, sold or developed by The Ritz-Carlton Hotel Company, L.L.C.