The St. Regis Residences, Bahia Mar, Fort Lauderdale Reveals The Bahia Mar Club, A First-Of-Its-Kind Private Waterfront Oasis Exclusive To Residents

In a region defined by luxury residential development, The Related Group, Tate Capital and Rok Acquisitions, have revealed plans for The Bahia Mar Club, an exclusive resident oasis at The St. Regis Residences, Bahia Mar, Fort Lauderdale.

In a region defined by luxury residential development, The Related Group, Tate Capital and Rok Acquisitions, have revealed plans for The Bahia Mar Club, an exclusive resident oasis at The St. Regis Residences, Bahia Mar, Fort Lauderdale. The Bahia Mar Club is set to introduce an entirely unmatched concept in South Florida: a resort-style wellness destination and outdoor club reserved exclusively for private homeowners of the once-in-a-generation waterfront development.

This distinctive new offering will allow owners of The Residences to step outside their door directly into an exclusive oceanfront wellness estate, with a marina and the water just steps away. The Club will serve as a sanctuary of well-being, where the tides set the pace for a slower, more intentional way of living and longevity pursuits are woven into everyday moments that nurture balance between movement, stillness, connection and renewal. At every turn, outdoor recreation, luxury service and the site’s natural beauty come together thoughtfully to create a more fulfilling, healthier life without ever having to leave home.

"When we looked at the site, we took a step back and asked what would create the ultimate lifestyle for residents through a lens of well-being," said Nick Pérez, President of Condominium Development at The Related Group. "Very few coastal developments in the world offer homeowners exclusive access to this much private waterfront land.”

Designed by internationally acclaimed landscape architecture firm EDSA, The Bahia Mar Club is planned to be a multi-generational gathering space that will offer residents 24-hour access to a thoughtfully curated collection of amenities. A tennis court and padel court will anchor the racquet club, complemented by a courtside gallery designed for spectating in style. A clubhouse, serviced by St. Regis, sits alongside a lap pool framed by luxury daybeds and loungers, colorful blooms and shady palms. The Green will offer an expansive private lawn for stretching, tai chi, yoga or simply gathering and unwinding, while a summer kitchen and social patio set the stage for effortless entertaining curated entirely by St. Regis. A serenity garden provides a quiet retreat; a playground welcomes younger residents and a sunset terrace with fire pits delivers inspiring water views at golden hour.

The Bahia Mar Club will complement 35,000 square feet of indoor and outdoor lifestyle amenities within The Residences, spanning wellness, fitness, entertainment and gathering spaces, including a full-service spa, fitness center, private dining room, billiards lounge and children’s entertainment room.

Beyond the unmatched amenity portfolio, the $2 billion, 40-acre development is planned to include The Residences, a 78-home tower and a 122-key hotel with 106 resort residences, all under the St. Regis brand. Residents and guests will also have access to a 250-slip deepwater marina accommodating mega yachts up to 350 feet, the award-winning Marina Village, a full-service beach club and a host of commercial spaces for premier dining and shopping.

Bringing the vision together is a globally acclaimed design team led by architecture studio Arquitectonica and London-based interior design firm Tara Bernerd & Partners, whose work will shape the residential and hospitality experience at Bahia Mar.

“From the marina and waterfront to dining, recreation and hospitality, we’ve always envisioned Bahia Mar as a place where residents can experience the very best of Fort Lauderdale without having to leave home,” said Jimmy Tate, CEO and President of Tate Capital. “The Bahia Mar Club takes that vision a step further, giving our residents a private place to focus on wellness, recreation and time together. They’ll be able to move from morning yoga to lunch at Marina Village, an afternoon on the water and dinner at a premier restaurant, with every part of the day unfolding at Bahia Mar. That fully realized lifestyle is what my family and I, along with Sergio Rok, envisioned when we first became stewards of this land almost 15 years ago.”

Bahia Mar’s development comes as Fort Lauderdale undergoes a fundamental repositioning within South Florida's luxury landscape. The city has spent the better part of a decade strategically reinventing itself, attracting hedge fund managers, global family offices and an influx of finance and tech talent. Billions in institutional investment have followed, anchored by the $1.1 billion expansion of the Broward County Convention Center, a wave of redevelopment including the International Swimming Hall of Fame and Aquarium and a culinary scene that has earned Michelin recognition for the first time. The arrival of a proposed five-story Rolex flagship on Las Olas Boulevard, designed by Arquitectonica, signals the caliber of names now setting their sights on the city.

Douglas Elliman Development Marketing is the exclusive sales and marketing agent for The St. Regis Resort & Residences Bahia Mar, Fort Lauderdale. Private residences begin at $4.9 million, while resort residences start at $3 million. Construction is expected to begin in 2027, with delivery anticipated in 2030.

The St. Regis Residences, Bahia Mar, Fort Lauderdale and The Residences at The St. Regis Bahia Mar Resort, Fort Lauderdale are not owned, developed or sold by Marriott International, Inc., or its affiliates (“Marriott”). PRH/TRR BAHIA MAR HOLDINGS, 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 herein.

Renderings via ARX Creative

Past PROFILEmiami articles about The St. Regis Residences, Bahia Mar, Fort Lauderdale:

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Inside The Newly Opened Sales Gallery For The $2 Billion St. Regis Resort & Residences, Bahia Mar, Fort Lauderdale

Fort Lauderdale is witnessing an extraordinary transformation with the launch of the sales gallery for the St. Regis Resort & Residences, Bahia Mar, an ambitious $2 billion development that promises to redefine luxury living in South Florida.

Fort Lauderdale is witnessing an extraordinary transformation with the launch of the sales gallery for the St. Regis Resort & Residences, Bahia Mar, an ambitious $2 billion development that promises to redefine luxury living in South Florida. Designed by the acclaimed London-based studio Tara Bernerd & Partners, the sales gallery showcases the essence of the St. Regis brand, reflecting a deep connection to its surroundings while offering a glimpse into the exclusive lifestyle that awaits future residents.

Located alongside Fort Lauderdale’s iconic megayacht marina—home to the world’s largest in-water boat show (FLIBS)—the new sales gallery features elegantly curated spaces that highlight model residences starting from $3 million. This luxury project, a collaboration between Related Group, Tate Capital, and Rok Acquisitions, aims to create a European-inspired destination, complete with a flagship St. Regis hotel, branded residential towers, and an array of fine dining and upscale retail options.

The recently completed sales gallery introduces potential homeowners to an impeccable design aesthetic, marrying sophisticated interiors with the tropical beauty of South Florida. Douglas Elliman Development Marketing is spearheading the sales effort, emphasizing the residences' exceptional features, which include open, light-filled layouts and wraparound terraces that offer sweeping views of the Atlantic Ocean, Intracoastal Waterway, and Fort Lauderdale skyline.

The St. Regis Resort & Residences will encompass over 40 acres of waterfront property and includes two 23-story residential towers and a luxury hotel featuring 197 guest rooms. With a master plan that promotes both leisure and active living, developers are bringing forth waterfront commercial spaces, a public park, and a 25-foot pedestrian promenade that enhances the coastal experience. An exclusive marina will cater to yacht enthusiasts with slips accommodating vessels up to 350 feet.

The first phase of this monumental development will feature 160 finely appointed condominium homes, available in three- and four-bedroom options ranging from 2,600 to 3,550 square feet. Each residence exudes the allure of a secluded villa, complete with private elevator access and expansive design elements that encourage effortless living and entertaining. Individual units are designed to be bright and airy, featuring large glass terraces that merge indoor and outdoor spaces seamlessly.

In addition to luxurious living quarters, residents will benefit from a wealth of amenities designed for holistic wellness and leisure. Each building boasts 17,000 square feet of interior spaces that include a comprehensive wellness spa, an indoor-outdoor fitness center, a library/media room, private dining options, and a children’s entertainment room. Outdoor terraces promise summer kitchens and engaging recreational options, including a pickleball court and a multisport simulator.

Purchasing a residence within the St. Regis development not only grants access to state-of-the-art facilities but also to a host of elite resort amenities. Owners will enjoy access to two resort-style swimming pools, a fitness center, a signature restaurant with breathtaking water views, as well as the exclusivity of a private residential lobby attended 24/7.

As the ambassador of this lavish project, reality TV star and notable luxury real estate broker Fredrik Eklund brings his star power and expertise to the endeavor, helping to elevate the prestige of Bahia Mar and its iconic hospitality experience.

With the recent opening of the sales gallery, potential buyers can immerse themselves in the luxurious offerings of The St. Regis Resort & Residences, Bahia Mar. It stands as a testament to Fort Lauderdale's evolving landscape—where elegance meets the vibrant spirit of yachting, creating a unique coastal haven for those seeking the pinnacle of luxury living.

Images via Nick Garcia | Renderings via ArX Creative

For more information about The Residences at The St. Regis Bahia Mar Resort, Fort Lauderdale or to inquire about purchasing a unit please fill out the form below:

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Related Group, Tate Capital and Rok Acquisitions Reveal 'The Residences at The St. Regis Bahia Mar Resort, Fort Lauderdale'

South Florida-based developers Related Group (Related), Tate Capital and Rok Acquisitions, in collaboration with hospitality leader Marriott International, have revealed plans for The St. Regis Resort and Residences, Bahia Mar Fort Lauderdale.

South Florida-based developers Related Group (Related), Tate Capital and Rok Acquisitions, in collaboration with hospitality leader Marriott International, have revealed plans for The St. Regis Resort and Residences, Bahia Mar Fort Lauderdale. Douglas Elliman Development Marketing is the exclusive sales and marketing agent for The Residences where pricing begins at $4.4 million for the condominium residences and $2 million for the resort residences.

A decade in the making, the first phase of the $2 billion development will elevate the premier megayacht marina — home to the world’s largest in-water boat show — into a world-class, Monaco-inspired lifestyle destination, complete with branded residential towers, a flagship St. Regis hotel, a private beach club, and a selection of signature fine dining and upscale retail. Sales for The St. Regis Residences, Bahia Mar, Fort Lauderdale (The Residences) are now underway.

"While Bahia Mar has attracted global yachting enthusiasts for decades with its prime location and unparalleled superyacht infrastructure, its full potential had yet to be tapped,” said Jorge M. Pérez, Chairman and CEO of Related Group. “Blending world-class residential, hospitality and lifestyle offerings, this visionary development is not only befitting of this one-of-a-kind site but also a critical addition to Fort Lauderdale’s broader evolution. With the introduction of The St. Regis Resort and Residences, Bahia Mar Fort Lauderdale, our team is cementing the city as one of the world’s luxury epicenters.”

Spanning over 40 acres of land and water, this extraordinary development will unfold in two phases, transforming the site into a tropical sanctuary. At its heart are two 23-story residential towers and a 197-key luxury hotel, all under the iconic St. Regis brand. Masterfully crafted by an elite design team, the visionary architecture is led by the renowned Arquitectonica, complemented by refined interiors from London-based Tara Bernerd & Partners, helmed by esteemed designer Tara Bernerd. The master plan includes 88,000 square feet of luxurious waterfront commercial space featuring restaurants and boat docking, a public park along the Intracoastal Waterway and a 25-foot-wide pedestrian promenade encircling the property’s west, north and south sides. An exclusive marina features slips for megayachts up to 350 feet.

“After nearly a decade of hard work, it’s incredible to see our vision finally come to life,” said Jimmy Tate. “Despite countless obstacles, we never doubted Bahia Mar’s potential. We always believed this project would elevate the entire Fort Lauderdale community, but this collaboration with St. Regis exceeds even our highest expectations.”

The first phase will feature 160 elegantly appointed condominium homes spread across the two residential towers, alongside exclusive resort residences atop the hotel. The condominiums will include three- and four-bedroom options ranging from 2,600 to 3,550 square feet, in addition to stunning penthouse residences. The homes feel like secluded villas, featuring private elevator foyers and expansive, flowing spaces. Designed for effortless living and entertaining, these light-filled residences showcase modern, open layouts and wraparound glass terraces that provide sweeping views of the Atlantic Ocean, Intracoastal Waterway and Fort Lauderdale skyline. The Residences within the hotel will offer one to three bedrooms, in addition to penthouse options.

Each element of the branded residences embodies the essence of the St. Regis brand, renowned for its bespoke service and discerning taste that cultivate an exquisite lifestyle. Daily life is enriched by 17,000 square feet of interior amenities in each building designed to promote holistic wellness and create the perfect setting for unforgettable celebrations. These amenities include a luxurious spa with steam rooms, saunas, hot and cold plunges, treatment rooms and a wellness terrace; a salon offering beauty services; an indoor-outdoor fitness center; a children’s entertainment room; a library/media room; a private dining room and a billiards room. Lush terraces with summer kitchens, a private outdoor pool with a whirlpool, a pickleball court, a programmable multisport simulator and house bicycles enhance the experience.

“We’re thrilled to be collaborating with Related Group, Tate Capital and Rok Acquisitions to reimagine The St. Regis Bahia Mar Resort and Residences in Fort Lauderdale,” said Dana Jacobsohn, Chief Development Officer, North America Luxury Brands & Global Mixed-Use. “With its unparalleled waterfront location and exquisite design, this iconic property is set to transform the marina and deliver world-class luxury to travelers and residents alike.”

Owners will also have access to the resort amenities, including two resort-style swimming pools, a fitness center, an upscale spa with outdoor amenities, and a signature restaurant with dramatic water views.

Additional perks include a private residential lobby attended 24/7, a porte-cochère for enhanced privacy, on-site valet parking and self-parking options, along with private, secure climate-controlled storage, a curated collection of museum-quality art and an exclusive residents-only app.

As the home of the Fort Lauderdale International Boat Show (FLIBS), the Bahia Mar Yachting Center is already a premier destination for yachting enthusiasts worldwide. In the summer of 2023, the development team secured rezoning and approval for the transformation of the existing Bahia Mar resort.

Renderings via ArX Creative

For more information about The Residences at The St. Regis Bahia Mar Resort, Fort Lauderdale or to inquire about purchasing a unit please fill out the form below:

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Why Rent Strikes Are Bad for Everyone and What’s Going to be Done about Unemployment?

Since thousands of businesses were deemed non-essential and forced to shut their doors, reemployment assistance claims over the last six weeks have surpassed two million in South Florida. With a tourism-dependent economy plus an older population, Florida is more vulnerable to economic shock, which is why it is one of the top five states with the highest number of claims.

Since thousands of businesses were deemed non-essential and forced to shut their doors, reemployment assistance claims over the last six weeks have surpassed two million in South Florida. With a tourism-dependent economy plus an older population, Florida is more vulnerable to economic shock, which is why it is one of the top five states with the highest number of claims. The longer the standstill goes on, the worse the economic fallout will be. 

As May rents come due and unemployment rates continue to jump, providing assistance to households should be a top priority for policymakers. The prospect of a rent strike has been trending in the news and on social media, but a voluntary movement to skip rent payments could destabilize not only the housing market, but the American economy as well. How many months of working capital do small businesses have to stay afloat, in order for those furloughed and laid off employees to have jobs to return to after nationwide and state stay-at-home orders are eased and how will South Florida’s real estate market fare in the coming months? 

May Day: May 1st Is Here

Multifamily landlords were pleasantly surprised with April collections. In an exclusive webinar interview hosted by PROFILE last week, President of Tate Capital, James Tate, who has over $1B assets under management, told us “We’re 90% collected,” talking about his 10,000+ door multifamily portfolio. Now it’s May 1st and everyone is wondering what May rent collections will be. “May 1st will be a good deciding point to see how many people default,” added Allen Morris, Chairman and CEO of the Allen Morris Companies.  

Morris said his April multifamily rent collections were at 95%. He’s opening two new apartment buildings in Orlando this summer and is taking a proactive leasing approach. “People are signing leases, assuming the University of Central Florida is holding its fall semester. We’re giving tenants a guarantee in their lease. If they delay opening the university, we will delay rent until school opens.” Offering tenants flexibility gives them the security to sign leases now and is helping to forge a positive landlord-tenant relationship that will be dependent on open communication, should issues with payment arise in the future. 

Trending: Socialist Whispers

With talks of rent strikes sweeping the country, landlords have been portrayed as vultures preying on the pockets of financially insecure tenants, when they remain responsible for property taxes and other carrying costs that help pay for public improvements, education and other municipality benefits. Diligent landlords are communicating with their tenants and weeding out those who are taking advantage of the public health crisis, says Shahab Karmely, CEO of KAR Properties. Those who can, should pay rent to support the services their communities need. Those directing their frustrations toward landlords may have valid concerns: with the economy shut down by government-mandated order, how are people supposed to pay bills and keep businesses running?  

In New York, politicians pushing socialist rhetoric and big government reach such as Alexandria Ocasio Cortez have called for rent strikes and rent cancellations. Movements in New York City even claim to have “identified” landlords who can take a “shave”. Lack of payment means that owners will not be able to stay in business and manage the building to the tenant’s expectations, including paying for things like common area maintenance (think: how much does it cost for a cleaning crew to wipe down all public surfaces in a building multiple times a day). Landlords also pay property tax, insurance, debt service, management fees and capital expenditures for improvements. 

Most commercial real estate investments are made by an owner contributing an equity portion to a project, but a majority of the total costs are funded through debt that is usually collateralized by the asset (if it’s senior debt). Typical sources of debt include pension and life insurance funds, which could be the life savings of either a tenant or a landlord. When landlords are unable to meet their debt obligations, the cascading effects don’t stop at their coffers, but trickle down to all Americans. Not making rent payments could derail future opportunities for many, including someone’s retirement age. 

Karmely added “The real pandemic to hit New York City multifamily was the legislature that strangled the landlords in this business,” which will continue to make Florida’s real estate investment climate more attractive. Multifamily product in New York City has been trading between 3-5% cap rate, depending on the neighborhood. The low trading cap rates for core product has made some investors nervous about paying such a premium for an asset that the New York government has so much control over. 

Another risk for New York investors is that South Florida’s pricing for comparative rental and condo inventory is cheaper than it’s NYC counterpart, while providing higher quality-of-life with more space and building amenities. From an investment perspective, it is also easier to manage assets in Florida where there is no government-enforced rent control, rent stabilization, or near-impossible eviction procedures for delinquent tenants.

Opportunities on the Horizon

The cure to the virus is causing an economic calamity that is hitting everybody and everything, which means opportunities will be on the horizon three to four months from now when property owners' cash reserves run dry, especially for retail and restaurant real estate assets. 

Many have posited, is the cure worse than the virus? How long can residential and commercial tenants pay their rent amid an economic shutdown? Will we be able to produce our way out of a recession with unemployment in the double digits? Likely not - Uncle Sam will be waiting in the shadows with hand outstretched to collect his dues. As we all sit on the sidelines, awaiting our fates, the solution appears to be a function of time. 

“My biggest concern is that we were hit with an 11 magnitude earthquake, and we all got knocked down. Unfortunately, after a major earthquake in coastal areas there is a tsunami. My concern is how are these small businesses supposed to remain open and sustain themselves for the next six to eight months unless something material is done by the federal government? Who’s going to hire those 30 million unemployed people back? If you ask me why I can’t sleep at night, that’s what I’m really concerned about,” opined Tate to cheers of “Jimmy Tate for President!” 

-- Special reporting by the PROFILEmiami Team. Isabella Zimmermann, Katya Demina and Demetri Demascus contributed to this article.

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Rewind: W. Allen Morris, Shahab Karmely And Jimmy Tate On Emerging From the COVID-19 Crisis

On April 30, 2020 PROFILEmiami hosted an interactive webinar discussion focusing on emerging from the COVID-19 pandemic and the resulting economic fallout’s impact on the South Florida real estate market. The panel featured South Florida real estate titans W. Allen Morris, Shahab Karmely and Jimmy Tate.

On April 30, 2020 PROFILEmiami hosted an interactive webinar discussion focusing on emerging from the COVID-19 pandemic and the resulting economic fallout’s impact on the South Florida real estate market. The panel featured South Florida real estate titans W. Allen Morris, Shahab Karmely and Jimmy Tate who explored topics such as: what effects will we see on South Florida’s real estate markets, how are South Florida’s leading real estate professionals reacting to the crisis, how do you think the workspace landscape will look after we “get back to normal,” where will the smart investments be made and how are they preparing for future opportunities.

Speakers:

  • W. Allen Morris - Chairman, President & CEO, The Allen Morris Company

  • Shahab Karmely - CEO, KAR Properties

  • James D. Tate - President, Tate Capital

  • Moderator: Demetri Demascus - CEO & Co-Founder, PROFILEmiami

Watch:

Topics:

  • What is your personal outlook on how this will ultimately affect the South Florida real estate markets? Will there be permanent changes to the market or the industry?

  • How are you handling projects currently under construction? What lessons did you learn from past recessions and how did they shape how you’re handling today’s crisis? Have you learned any lessons from the COVID-19 crisis?

  • If you have capital to deploy, what are principals telling their acquisitions teams right now?

  • Where do you think we will see opportunity open up? Who is overleveraged? When will we begin to see properties fall into distress?

  • Does a property need to fall into distress for COVID-19’s impact to create an opportunity? What non-distressed opportunities will we see?

  • Will opportunity open up for different ways to add value to existing properties or will it change the way you think about developing new properties?

  • Where and how will the smart investments be made?

  • Who is willing to give you term sheets right now and what type of lenders pulled their term sheets?

  • How are you preparing to get your offices back to work and how will the work landscape have changed when we get back to the “new normal.”

Partners:


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Jimmy Tate Closes On $50 Million Loan for Bahia Mar Resort in Fort Lauderdale Beach

Jimmy Tate and Tate Capital has locked in a $50 million loan for Bahia Mar in Fort Lauderdale Beach from Florida Community Bank and has boosted its mortgage on the property to $135 million. The project includes a $7 million redesign of the Bahia Mar Fort Lauderdale Beach – a DoubleTree by Hilton, which is a 40-acre, 296-key resort. Bahia Mar was redesigned by Kobi Karp and is expected to be completed in October (2017). Tate Capital is planning to invest close to $500 million in redeveloping the property into a mixed-use project which will also include 7 apartment buildings, dock space, restaurants, a 250-slip marina with docking for 100 mega-yachts, etc. They have also secured that the Fort Lauderdale International Boat Show will remain at Bahia Mar through 2050.

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