Developers of The St. Regis Residences, Sunny Isles Beach, Miami, Complete Landmark Foundation Pour As South Tower Prepares To Go Vertical

Fortune International Group and Château Group, developers of The St. Regis Residences, Sunny Isles Beach, Miami, have reached a significant construction milestone with the South Tower’s mat foundation pour, advancing the ultra-luxury oceanfront development at 18801 Collins Avenue into its next phase. The positive collaboration with Coastal Construction is one of several over the years between the development team and the acclaimed General Contractor.

Over a continuous three-day operation, the pour involved approximately 10,000 cubic yards of concrete, creating the structural foundation for the 170-residence South Tower – one of two 62-story towers that will each rise 750 feet above the Atlantic Ocean. With the foundation now in place, the South Tower will transition to vertical construction this year, while preparations continue for the project’s second and final phase: the 150-residence North Tower, which is scheduled to break ground in early Q4.

By the Numbers:

• 10,000 cubic yards of concrete for the South Tower mat foundation, poured continuously over three days (July 24 - 26)

• Approximately 4 million pounds of reinforcing steel (rebar)

• 1,100 concrete truck deliveries

• 500 construction workers involved in the three-day operation

• 6 boom pumps working simultaneously for more than 30 hours

• 150-foot by 135-foot mat foundation footprint

• 13-foot-thick reinforced concrete mat foundation

• 435 linear feet of direct Atlantic Ocean frontage – the longest stretch of ocean frontage of any luxury residential development currently under construction in South Florida

“Every major project reaches a point where years of planning, engineering and construction begin to take visible shape,” said Edgardo Defortuna, CEO of Fortune International Group. “Completing the foundation is one of those moments. It represents an extraordinary amount of work below the surface and marks the beginning of the next chapter as the South Tower starts to rise."

“For our residents, this milestone is especially meaningful because they will now begin to see the building emerge,” said Manuel Grosskopf, CEO of Château Group. “Construction is entering a highly visible phase, and we’re excited to see the vision continue taking shape as we move toward delivery. Each step brings us closer to delivering not just a building, but a home our residents will be proud of for generations.”

“South Florida continues to see tremendous demand for luxury waterfront residences, and we’re honored that developers continue to trust Coastal Construction with some of the region’s most complex projects,” said Tom Murphy, Coastal Construction Co-CEO.

Designed by Arquitectonica, The St. Regis Residences, Sunny Isles Beach, Miami will feature 435 linear feet of Atlantic Ocean frontage. Residents will enjoy more than 70,000 square feet of indoor and outdoor amenities, including two public-facing restaurants, a full-floor private spa, indoor and outdoor pools, a fitness and wellness center, a private residents’ club, children’s programming, and the signature St. Regis Butler Service.

Conceived as a private oceanfront residential resort, the development combines the hallmark hospitality of the St. Regis brand with an expansive amenity program designed for everyday living. The South Tower remains on track and on pace, hitting every major construction benchmark as the project moves steadily toward vertical construction and, ultimately, delivery.

Remaining residences start at approximately $5 million.

The St. Regis Residences, Sunny Isles Beach, Miami are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). La Playa Beach Associates, LLC uses the St. Regis marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made about the project.

Renderings via Binyan Studios, DBOX and ARQ

Past PROFILEmiami articles about The St. Regis Residences, Sunny Isles Beach, Miami:

For more information about The St. Regis Residences, Sunny Isles Beach, Miami, private showings or purchasing/ leasing information please fill out the form below:

Developers of The St Regis Residences, Sunny Isles Beach, Miami, Secure $113.75 Million Development Loan With City National Bank For North Tower

Fortune International Group and Château Group, developers of The St. Regis Residences, Sunny Isles Beach, Miami, have announced the closing of a $113.75 million land loan for the North Tower with City National Bank of Florida.

The financing, arranged through Berkadia Miami, will support the project’s next phase, with the North Tower slated to break ground this summer as construction of the nearly sold-out South Tower progresses. The transaction underscores continued institutional confidence in the branded oceanfront development and its position within South Florida’s super-prime residential market.

“Today’s achievement represents another important step forward in the continued execution of our vision for The St. Regis Residences, Sunny Isles Beach, Miami” said Edgardo Defortuna, CEO of Fortune International Group. “We’ve seen strong alignment from both buyers and capital partners, and this milestone continues to propel the project into its next phase.”

“Momentum across the development has been consistent from the outset,” said Manuel Grosskopf, CEO of Château Group. “With the South Tower nearing sell-out and construction well underway, the North Tower builds on that foundation as we continue to deliver a project that resonates with today’s ultra-luxury buyer.”

“Our work with Fortune International Group spans many years, and this transaction brings together that history and our relationship with the Grosskopfs of Château Group,” said Jorge Gonzalez, Vice Chairman and CEO of City National Bank. “We appreciate the alignment and professionalism both organizations bring to projects of this nature.”

“We welcome the opportunity to begin working with Château Group through this financing,” said Christian Sundblad, Executive Vice President and Chief Wholesale Officer of City National Bank. “Their perspective and alignment with this project give us optimism as we establish a new relationship.”

Berkadia Miami Managing Director Scott Wadler and Director Michael Basinski, along with Senior Managing Director Mitch Sinberg and Managing Directors Matt Robbins and Brad Williamson, arranged the loan.

“Sunny Isles Beach has emerged as one of the most coveted addresses in the world, and the Sponsors have long understood this market's trajectory having acquired the site more than a decade ago,” said Wadler. “In today's capital markets environment, pre-development financing for a site and tower of this scale requires a sponsor team with an impeccable track record and the credibility to inspire lender confidence. Fortune International and Château Group bring both.”

Together, the two-tower enclave represents one of the most significant new residential offerings along Sunny Isles Beach, featuring approximately 435 linear feet of direct Atlantic frontage – the most of any residential enclave currently rising in the region – and more than 70,000 square feet of integrated amenities, including two signature restaurants, a full-service spa, resort-style pools, and a comprehensive wellness and lifestyle program.

The South Tower, scheduled for completion in 2028, comprises 170 residences, while the North Tower includes 150. Designed by Arquitectonica and built under the supervision of Coastal Construction, the development pairs a bold architectural profile with a hospitality-driven residential model anchored by St. Regis.

Remaining residences are priced from approximately $5 million. The on-site oceanside sales gallery is located at 18801 Collins Avenue, Sunny Isles Beach.

Renderings via Binyan Studios, DBOX and ARQ

The St. Regis Residences, Sunny Isles Beach, Miami are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). La Playa Beach Associates, LLC uses the St. Regis marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made about the project.

Past PROFILEmiami articles about The St. Regis Residences, Sunny Isles Beach, Miami:

For more information about The St. Regis Residences, Sunny Isles Beach, Miami, private showings or purchasing/ leasing information please fill out the form below:

Fortune International Group and Château Group Reveal Full-Floor Oceanfront Spa for Residents at The St. Regis Residences, Sunny Isles Beach, Miami

Fortune International Group and Château Group, the award-winning joint developers of The St. Regis Residences, Sunny Isles Beach, Miami - have revealed a first look at the full-floor oceanfront spa; a signature wellness space, designed solely for residents and crafted to cater to the exacting standards of the global ultra-high-end buyer.

The spa occupies the entire fifth floor within the property’s 70,000-square-foot amenity suite – conceived as a sanctuary where owners can fully reset and recharge. Overlooking the Atlantic, the venue blends Mediterranean-inspired materials, including travertine, marble, and brushed bronze accents, with lush, tropical plantings – including olive trees – that bring nature indoors while offering complete privacy.

The unveiling comes as Miami further establishes itself as a global wellness destination, with increasing focus on longevity and holistic living – an evolution reflected in residential design along the coastline, led in part by Sunny Isles Beach.

“This spa represents the pinnacle of experiential design in a residential context,” said Ana Cristina Defortuna, Executive Vice President of Fortune International Group and one of the project’s lead visionaries. “I’ve been fortunate to experience some of the world’s most exceptional spas, and what has stayed with me is how differently each culture approaches wellness. Bringing those perspectives together allowed us to curate a space that reflects the very best of global wellness, thoughtfully adapted for life in Sunny Isles Beach. Today, the most sophisticated spas are no longer just about relaxation – they are centered around longevity, restoration, and overall quality of life. In a world that moves so quickly, it was essential to make this spa a meaningful part of everyday living, not just an occasional indulgence.”

“We approached the design of the spa as something truly timeless, informed by the legacy of the St. Regis brand and the oceanfront setting of this special venue,” said Patricia Anastassiadis, revered São Paulo-based interior architect and founder of Anastassiadis. “From the very first step inside, the intention was to let the outside world gently fall away. We imagined arrival not as an entrance, but as a quiet exhale – a moment where the senses soften and time begins to slow. Inspired in part by the enduring, stone-forward tranquility of Roman baths, the space is expressed through softened forms, luminous materials, and a palette drawn from sand, stone, and sea. Light moves through the space like the ocean itself, creating an atmosphere that feels both serene and quietly theatrical. Above all, we wanted to create a sense of effortless escape – where Miami’s energy is not silenced, but gently refined into something elevated, intimate, and enduring.”

Both Edgardo Defortuna, CEO of Fortune International Group, and Manuel Grosskopf, CEO of Château Group, were hands-on in overseeing the spa’s design, ensuring that every feature met the expectations of a property of this scale, quality, and exclusivity. Spanning 10,000 square feet, the spa includes treatment rooms for facials and massages, a cold plunge and hot tub, infrared sauna, aromatherapy steam room, relaxation lounges, and a massive terrace overlooking the ocean, as well as premium products from French Secrets De Sothys and Davines. Uniquely, it also offers a full-service salon, barber shop, and nail studio, while a small retail area and champagne-and-tea celebration bar complete the resident experience, allowing every indulgence and personal ritual to be effortlessly attended to within the serene setting.

“I’m very hands-on, and so is our entire team – we collaborate constantly, pushing every detail to its highest level,” continued Ana Cristina Defortuna. “From the moment you step into the spa, our goal is to engage all five senses. Every element – from organic materials and layered lighting to scent and sound – has been intentionally curated to create an experience that is both refined and deeply restorative.”

Designed by Arquitectonica, with interiors by Anastassiadis and landscape architecture by EDSA, The Residences occupy a jaw-dropping 435 linear feet of beachfront – the most oceanfront access of any luxury residential community currently under construction in South Florida. Every element has been conceived to maximize privacy, light, and panoramic Atlantic vistas, creating a seamless connection to the ocean from every vantage point.

The South Tower – now nearing sell-out across its 170 residences – remains on track for completion in late 2028. The North Tower, comprising 150 residences, is slated to break ground this summer and continues to attract strong interest from global buyers, evidenced by a string of top sales over the past three months. Together, the towers are projected to achieve more than $3 billion in total sales, reflecting sustained demand for ultra-luxury, oceanfront residences.

Beyond the spa, the development offers a range of features designed to complement wellbeing and recreation, further reinforcing its position within a market increasingly defined by wellness-forward living. Owners benefit from dedicated butler services and a 24-hour concierge team, ensuring seamless, resort-style access to nearly every comfort and convenience. Standout offerings also include a chic oceanfront fitness center with separate studios for spinning, yoga, and Pilates, three oceanfront pools, and a sixth-floor infinity-edge-style pool facing the Intracoastal – the longest pool of its kind in South Florida.

Complementing this amenity-driven positioning, the developers also announced an official registration in New York earlier this year, expanding direct engagement with brokers and buyers in a key market for the project. Remaining residences start at $5 million, offering an extraordinary chance to join a private, oceanfront enclave defined by architectural distinction, resort-level service, and unmatched amenities.

The on-site oceanside sales gallery is located at 18801 Collins Avenue, Sunny Isles Beach.

Interior renderings via Binyan Studio and ARQ

The St. Regis Residences, Sunny Isles Beach, Miami are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). La Playa Beach Associates, LLC uses the St. Regis marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made about the project.

Past PROFILEmiami articles about The St. Regis Residences, Sunny Isles Beach, Miami:

For more information about The St. Regis Residences, Sunny Isles Beach, Miami, private showings or purchasing/ leasing information please fill out the form below:

Developers of The St. Regis Residences, Sunny Isles Beach, Miami Secure $418.3 Million Construction Loan Package

Fortune International Group and Château Group, developers of The St. Regis Residences, Sunny Isles Beach, Miami, announced today that they have secured a $418.3 million construction loan package. Bank OZK was the lender. The total package ranks among the largest ever for Sunny Isles Beach real estate.

The latest financing for the under-construction, two-tower oceanfront development comes on the heels of significant sales activity and international buzz. The Residences’ South Tower is now 90% sold, while at the adjacent North Tower – the community’s second and final building – the volume of contracts continues to underscore sustained buyer demand.

“We are pleased to confirm that The St. Regis Residences, Sunny Isles Beach, Miami closed its construction loan with Bank OZK, which was the existing lender on the property for a number of years, completing the capital stack of the project,” said Edgardo Defortuna, CEO of Fortune International Group. “Securing this loan confirms the strong confidence lenders have in our vision.”

“This loan reflects the pace-setting sales and sustained demand for this project and South Florida’s evolving luxury market,” said Manuel Grosskopf, CEO of Château Group. “Our project has firmly established itself as one of the region’s most desirable new developments. We look forward to delivering its completion and welcoming our owners.”

Featuring an unprecedented 435 linear feet of oceanfront – the most of any residential enclave currently rising in the region – The St. Regis Residences, Sunny Isles Beach, Miami was designed by the acclaimed architectural firm Arquitectonica, with construction overseen by industry authority Coastal Construction.

The South Tower, with 170 residences, is on track for completion in late 2028. The North Tower, comprising 150 residences, will break ground next year. The total sell-out for both towers is projected to exceed $3 billion.

Remaining residences start at $5 million. The on-site, oceanside sales gallery is located at 18801 Collins Avenue, Sunny Isles Beach.

Interior renderings via Binyan Studio unless otherwise noted

The St. Regis Residences, Sunny Isles Beach, Miami are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). La Playa Beach Associates, LLC uses the St. Regis marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made about the project.

For more information about The St. Regis Residences, Sunny Isles Beach, Miami, private showings or purchasing/ leasing information please fill out the form below:

Fortune International Group and Château Group Launch Sales of North Tower at The St. Regis Residences, Sunny Isles Beach, Miami

The St. Regis Residences, Sunny Isles Beach, Miami, has launched sales of the much-anticipated North Tower, marking another milestone following the success at 80% sold South Tower, which started converting reservations to contracts in May of 2023. The launch of the North Tower also follows closely on the heels of the sale of a $55 million penthouse in the South Tower, introducing a new opportunity for buyers in this highly sought-after property. The total sellout of The St. Regis Residences Sunny Isles Beach, Miami equates to nearly $3 billion. The project broke ground in September 2023.

The St. Regis Residences, Sunny Isles Beach, Miami, will be the tallest residential property on the ocean in South Florida, with the North Tower rising 750 feet tall. Developed by Fortune International Group and Château Group, and managed by St. Regis Hotels and Resorts, the Residences are situated along 435 linear feet of immaculate beach, offering infinite ocean views. The North Tower will feature 170 residences spanning up to 5,500 square feet and include two, three, four, and five-bedroom residences, along with exquisite, two-story, full-floor penthouses with private pools. Both towers provide amenities offerings exclusively for the use of tower residents. The North Tower’s amenities encompass an expansive lobby, pickleball and padel courts, a fitness center, a therapeutic wellness pool, kids’ and teens' clubs, private lounge areas, and more.

"The remarkable sales achievements of the first phase of The St. Regis Residences, Sunny Isles Beach, Miami have created significant momentum for the property, propelling us into this exciting new phase,” said Edgardo Defortuna, President and CEO of Fortune International Group. “With substantial high-profile sales already in the South Tower, we are confident that the North Tower will continue this upward trajectory, appealing to buyers in search of the distinctive resort-style lifestyle in Sunny Isles Beach."

“As the tallest residential property on the ocean in South Florida, The St. Regis Residences, Sunny Isles Beach, Miami, stands as a global magnet for discerning buyers. The appeal lies within its luxurious amenities and exceptional St. Regis service, which attracts buyers from around the world,” said Manuel Grosskopf, CEO of Château Group. “The North Tower will provide residences with a resort-like feel that defines the Sunny Isles Beach location and deliver the elevated lifestyle available to all future residents.”

Along with exclusive amenities, North Tower residents will enjoy access to an extensive, property-wide amenity suite totaling over 70,000 square feet, curated to cater to every desire. These include a private Beach Club with direct ocean access, three ocean-facing pools with cabanas, and a Sunset Pool Deck featuring an infinity edge style pool. Residents have the option to entertain either in the oceanfront terrace dining and lounge events space of the Residents Club or in the Ellipse Club, which boasts a cognac room, wine bar, and gaming rooms. Unparalleled, 24/7 St. Regis Service is incorporated throughout the property, including their signature butler service, ensuring a seamless living experience for residents.

The visionary architecture firm Arquitectonica, paired with interiors by celebrated São Paulo-based designer Patricia Anastassiadis and landscape design by EDSA shape the towers, providing an elevated lifestyle in Sunny Isles Beach, one of South Florida's most sought-after residential locations. Positioned between the Atlantic Ocean and the Intracoastal Waterway, Sunny Isles Beach offers a unique blend of resort-like tranquility and the cultural vibrancy of city living.

PROFILE Exclusive First Look Into The Newly Revealed St. Regis Residences, Sunny Isles Beach Lavish Sales Gallery

The St. Regis Residences, Sunny Isles Beach, Miami, a duo of standalone towers situated along 435 linear feet of pristine beach, has revealed an exclusive first look into an oceanfront sales gallery amid immense sales success. Also unveiled at an exclusive invite-only event for industry insiders was the sculpture “Our Nucleus” by internationally acclaimed artist Lorenzo Quinn, exclusively commissioned for the future residences.

Developed by Fortune International Group and Château Group, and managed by St. Regis Hotels and Resorts, these luxurious residences offer exceptional service in a breathtaking, oceanfront setting. The towers, designed by the visionary architecture firm Arquitectonica, paired with interiors by celebrated São Paulo-based designer Patricia Anastassiadis and landscape design by EDSA, offer an elevated lifestyle in one of South Florida’s most coveted locations. The South Tower, first to be completed, will feature 175 residences.

“South Florida luxury real estate remains at the top of everyone’s wish list. The St. Regis Residences, Sunny Isles Beach was conceived and developed to not only accommodate this desire, but to create an unparalleled lifestyle in one of the most rare oceanfront addresses in Florida,” said Edgardo Defortuna, President and CEO of Fortune International Group. “We are thrilled with the sales success we have seen to date, as the location, design, amenities, and lifestyle have resonated immensely with our buyers.”

“The St. Regis brand is rooted in superior service and The St. Regis Residences, Sunny Isles Beach will execute this lifestyle effortlessly, with every detail carefully considered,” said Manuel Grosskopf, CEO of Château Group. “With infinite 360-degree views, this extraordinary oceanfront site is stunning from entrance to pinnacle. With a dramatic two-story lobby entrance to extensive amenities including a jaw-dropping infinity pool, the magic of the St. Regis brand is evident throughout the property. The sales gallery was designed to perfectly capture the views and atmosphere of the future residences.”

The Residences offer an array of luxurious residences, as well as Sky Villas and Penthouses, all featuring stunning unobstructed ocean, city, and Intracoastal views. Accessed through private elevators leading to an entry foyer, residences comprise two, three, four, and five bedrooms ranging from 2,000 to 5,600 square feet with spacious floor plans and ceiling heights clearing ten feet. Sky Villas and Penthouses encompass entire floors, ranging from 6,600 to over 10,000 square feet, with ceiling heights clearing twelve feet and sizable, private terraces with private pools that lend themselves perfectly to seamless outdoor/indoor living. Owners will also have access to extensive amenity offerings totaling over 70,000 square feet with 24/7 unparalleled St. Regis service to accommodate every need.

The sales gallery of The St. Regis Residences, Sunny Isles Beach, Miami features a recently unveiled sculpture by Italian artist Lorenzo Quinn. Quinn is a contemporary figurative sculptor, best known for his large-scale pieces and expressive recreation of human hands. His previous works have been exhibited in iconic international destinations, including the Giza Pyramids in Egypt and over the canals in Venice, Italy. This larger-than-life piece, titled “Our Nucleus”, is sculpted in his signature style in stainless steel and rises over nineteen feet tall. The piece is viewable at the entrance to the sales gallery before it is permanently installed within The Residences.

Sunny Isles Beach is one of the most coveted residential locations in South Florida. Flanked by the Atlantic Ocean on the East and the Intracoastal Waterway on the West, Sunny Isles Beach provides both the peaceful atmosphere of a resort while also offering the cultural vibrancy of city living. The Residences are in close proximity to Miami Beach, Bal Harbour Shops, Aventura Mall, and the Miami Design District.

Images via Image via Zoltan Present, Luxhunters Productions, Renderings via DBOX

The St. Regis Residences, Sunny Isles Beach, Miami are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). La Playa Beach Associates, LLC uses the St. Regis marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made about the project.

Fortune International Group And Château Group Reveal The St. Regis Residences, Sunny Isles Beach

Fortune International Group and Château Group have officially announced the much-anticipated oceanfront St. Regis Residences in Sunny Isles Beach. With development sales that have consistently outpaced the rest of the area’s ultra-luxury condominium market, the project is yet another success story from the renowned partnership of Fortune International Group and Château Group.

The St. Regis Residences, Sunny Isles Beach, Miami are a duo of standalone, private residential towers situated on 435 linear feet of oceanfront property. The South Tower, with 62 stories and 194 residences, will be the first to enter the market, featuring residences ranging from two-to-four bedrooms and including penthouses with panoramic Atlantic Ocean and Intracoastal views. With striking design by esteemed global architecture firm Arquitectonica, interiors by celebrated São Paulo-based designer Anastassiadis furnished by Artefacto and landscape design by EDSA, Owners will enjoy iconic St. Regis service while maintaining the privacy of a luxury residential experience with no transient use of the property.

Residents will have exclusive access to approximately 70,000 square feet of amenities, featuring a vast array of high-design areas for entertaining, relaxing and working from home, including private beach facilities, oceanfront and sunset pools, a signature restaurant, a wellness center and spa, an athletic club and much more.

"It’s a very exciting time in the South Florida market and it’s been an honor to continue to elevate luxury residential living with our projects,” said Edgardo Defortuna, President and CEO of Fortune International Group. “Due to the successful sellout of The Ritz-Carlton Residences, Sunny Isles Beach and the overwhelming number of inquiries we’ve already received for The St. Regis Residences, Sunny Isles Beach, Miami, we couldn’t be more confident in the future and growth of South Florida.”

"With our extensive experience in the luxury residential condo market in South Florida, we continue to deliver distinguished personalized service and next-level amenities packages to our discerning buyers who crave the lifestyle that can be provided by a recognized, trusted global brand," said Manuel Grosskopf, CEO of Château Group. “Without a doubt, The St. Regis Residences, Sunny Isles Beach, Miami embody these coveted touchpoints and we look forward to releasing more details of the project as we come to market.”

With the announcement of The Residences, the collaboration between Château Group and Fortune International Group – two seasoned developers with a robust track record of success in delivering high-quality craftsmanship and iconic, sophisticated designs – continues to create special and remarkable living spaces filled with refined and modern elegance. Between the developers, they have completed six projects in the Sunny Isles Beach area including the recently delivered The Ritz-Carlton Residences, Sunny Isles Beach.

Renderings via DBOX

For more information about The St. Regis Residences, Sunny Isles Beach, private showings or purchasing/ leasing information please fill out the form below:

Château Group Sells SkyVilla Residence For $13 Million At Château Beach Residences, Sunny Isles Beach

Château Group has sold their lavish SkyVilla Residence complete with a private rooftop pool at the ultra-luxury boutique building Château Beach Residences, Sunny Isles Beach. The developer delivered the fully finished residence at the record-setting price of $13 million dollars to a longtime building resident owner.

The unit spans the entire 24th floor and a section of the 25th floor of the building, featuring 4 bedrooms, 7.5 bathrooms, a separate oceanfront master suite wing and a massive great room, perfect for entertaining. The unit has almost 8,500 square feet of interior space and a wrap-around terrace of over 2,400 square feet with its own private outdoor pool.

The only remaining residence is the Signature Penthouse spanning almost 10,000 square feet over two levels, double height ceilings, a 2,500 square feet master suite, an impressive great room and a private swimming pool overlooking the ocean. This one-of-a-kind residence is delivered move-in ready with exclusive high-end finishes and Italian furnishings.

Château Beach Residences is located on the prime oceanfront at 17475 Collins Avenue in Sunny Isles Beach. Comprising only 81 units, the boutique property offers an impressive lobby, a beach restaurant and bar, fitness center, spa, wine room, concierge services, among other top-line amenities.

The signature curvilinear silhouette of the tower, crafted by Château Group, is a standout on the horizon – a design uniquely inspired by the tower’s prime location overlooking the ocean and the Intracoastal Waterway, as well as the rolling dunes of the adjacent beach.

“Our residents have been praising the end-result of the thoughtful and detailed work that has gone into creating and delivering this project,” said Manuel Grosskopf, CEO of Château Group. “The building’s longstanding success, as well as this most recent triumph, have been a testament to the residents’ recognition of a high-quality project paired with high-level of service.”

Since the start of 2019, there has been an uptick in sales activity in the Sunny Isles Beach area, showing a complete shift in the market during the pandemic. For jet-setting CEO’s, top executives, and VIPs, South Florida seems to be the ultimate destination. At Château Beach Residences each resident enjoys luxury hotel-level concierge services, from cleaning and turndown services to transportation to and from the airport, tickets to the most sought-after shows, restaurant reservations, private curated events, all the way to groceries securely stored in their refrigerator.

“The most high-profile buyers in the world have been purchasing homes in this condominium, knowing that the services, amenities, architecture, and design exceeded every expectation.” Added Grosskopf.

Château Beach Residences, Sunny Isles Beach Amenities:

Developers of The Ritz-Carlton Residences Sunny Isles Beach Pay Off $212 Million Construction Loan

Fortune International Group and Château Group, joint developers of The Ritz-Carlton Residences, Sunny Isles Beach, have paid off a $212 million construction loan on the newly opened condominium tower. The developers received the loan from Bank OZK in September 2016. The news comes on the heels of a string of triumphs for the property, which is managed by The Ritz-Carlton and is one of the brand’s only standalone oceanfront condominium high-rises worldwide. The 52-story building at 15701 Collins Avenue, which was designed by award-winning architect Bernardo Fort-Brescia of Arquitectonica and features interiors by acclaimed Florentine architect Michele Bönan, was completed on Feb. 24 when it received its temporary certificate of occupancy (TCO). The tower is already more than 80% sold. Since the building broke ground, each milestone associated with its rise has been monumental, including the pre-construction sell-out of all four penthouses, a record feat for the area. Now, in the midst of the COVID-19 pandemic, the developers have seamlessly completed 100 closings, with a great number of them conducted virtually. They have additionally finalized new sales totaling more than $30 million.

“Paying off this loan so quickly after opening the tower, and in the midst of these extremely challenging times, further confirms the support for our project and the excitement it has generated among buyers across the globe,” said Manuel Grosskopf, CEO of Château Group.

“Our residents have been praising the end-result of the thoughtful and detailed work that has gone into creating and delivering this dream of ours,” said Edgardo Defortuna, President and CEO of Fortune International Group. “The project’s longstanding sales success, as well as these most recent triumphs, have been a testament to the buyers’ recognition of a high-quality project paired with a high-level of service.”

“The most high-profile buyers in the world have been purchasing homes in this condominium, knowing that the services by The Ritz-Carlton, amenities, architecture, and designs will exceed every expectation,” added Grosskopf.

“The Ritz-Carlton Residences, Sunny Isles Beach are a new crown jewel for Miami’s ultra-luxury oceanfront property market,” continued Defortuna.

The Residences, which have no hotel on the premises, resides on a prime coastal location with 250’ of beachfront. The tower is comprised of 209 residences with a private club level on the 33rd floor including private suites for resident guests, beach restaurant and bar, two pool decks, a kids club, full-service spa, fitness center and wellness center, among other top-line amenities. Each of the homes, all of which are smart-technology-ready, include private entrances, both living and master bedrooms with direct oceanfront views, walk-in closets, and pre-wiring for high-speed internet access and Wi-Fi. Remaining residences start at $2.6 million and sales are overseen by Fortune International.

For more information about The Ritz Carlton Residences, Sunny Isles Beach, private showings or purchasing/ leasing information please fill out the form below:

The Ritz-Carlton Residences, Sunny Isles Beach Secures TCO & Sells Last Penthouse For $25.5 Million

The Ritz-Carlton Residences, Sunny Isles Beach, one of South Florida’s most anticipated residential towers, has received its temporary certificate of occupancy (TCO), signaling the start of closings for the oceanfront tower.  The ultra-high-end, 52-story condominium is the brainchild of Fortune International Group and Château Group.  It will be managed by The Ritz-Carlton, ensuring that the needs of those who are privileged to live in the high-rise are not only met, but exceeded.  Legendary Ritz-Carlton services will be tailored to individual preferences and desires, with ladies and gentlemen serving ladies and gentlemen.  The curation of bespoke moments, coupled with the level of attention to detail, comfort and convenience, will be unparalleled, redefining the luxury-living experience for high-net-worth individuals in South Florida.

In addition to announcing this milestone, the joint developers have disclosed that sales at the property are flourishing. In the last year, the condominium, which is now almost sold out, recorded more than $150 million in pre-construction transactions.  Buyer demographics, furthermore, have been far-reaching, with a majority hailing from the U.S., Latin America and Europe.

“This is a day of tremendous pride for our team of visionaries,” said Edgardo Defortuna, President and CEO of Fortune International Group.  “On a global scale, the significance of our tower’s opening cannot be overstated.  It has been one of the most talked-about projects worldwide.  Homebuyers familiar with The Ritz-Carlton brand know the level of service that they can expect to receive when they live in a high-profile property, such as this one.  Every conceivable convenience will be at their fingertips.”

“We are thrilled to be showcasing this building to the world and celebrating the continued excitement surrounding its unveiling,” said Manuel Grosskopf, CEO of Château Group.  “The interest from buyers has been a testament to the strength of The Ritz-Carlton brand, its global visibility, and subsequent appeal.  Savvy high-net-worth individuals know that these homes are going to offer them all of the perks of a five-star resort, but none of the transient use.  Needs of our residents will be anticipated before they even know they have them.  It’s an opportunity that cannot be overlooked.”

The ocean-inspired silhouette of The Residences is unmistakable, set to illuminate the coastline with its shimmering façade, comprised of more than 365,000 SF of glass (or more than 6,000 panes total). As the first building north of Bal Harbour, the tower boasts a prime location with 250’ of pristine beachfront. The Residences’ designs have been crafted by renowned architect Bernardo Fort-Brescia of Arquitectonica with interiors by acclaimed Florentine architect Michele Bönan. Comprising 212 residences, the high-rise will have a private club level on the 33rd floor, beach restaurant, pool deck, kids club, full-service spa, fitness center and wellness center, among other top-line amenities. Residences start at $2.6 million.

Further highlights in each of the homes, all of which are smart-technology-ready, include walk-in closets, laundry rooms with full-size washers and dryers, and pre-wiring for high-speed internet access and Wi-Fi.  Penthouses feature lush garden terraces spanning 2,000 SF – 4,000 SF, private pools and summer kitchens, custom-designed Italian cabinetry, service quarters, and well-appointed master suites.

Each resident will enjoy luxury hotel-level butler services, from cleaning and turndown services, to transportation to and from the airport, tickets to the most sought-after shows, restaurant reservations, educational programming and activities for youth, daily curated events, all the way to one’s favorite flowers arranged in their foyer vases and groceries securely stored in their refrigerator, to ensure there is a sense that everything falls perfectly into place.

Residents will also have the opportunity to share the splendor of their beachfront lifestyle with their guests while also offering exceptional privacy. The high-rise’s club level includes eight individual Guest Suites exclusively for friends, family, and loved ones of resident owners. These guests will have a taste of The Ritz-Carlton standard of service with daily housekeeping and access to the building’s services and amenities.

Since the launch of sales in 2015, the sell-out of all four penthouses has been one of the most profound indicators of the tower’s remarkable appeal, with the latest transaction having taken place early in February.  In total, sales of the quartet of sprawling, amenity-rich units have reached more than $82 million.  This pre-construction feat is virtually unheard of in the surrounding market, with most penthouses selling after a building has officially opened, once again signifying the project’s unique appeal.

For more information about The Ritz-Carlton Residences, Sunny Isles Beach, private showings or purchasing/ leasing information please fill out the form below: