Ritz-Carlton Residences, West Palm Beach Penthouse Last Listed at $16.95 Million Under Contract For North Flagler Record Total Price and PPSF

A penthouse at The Ritz-Carlton Residences, West Palm Beach has gone under contract after being listed for $16.95 million, setting a new benchmark as the highest-priced condominium sale ever recorded on North Flagler Drive by both total sales price and price per square foot.

The contract marks another milestone for the waterfront luxury development by Related Group and BH Group, underscoring continued demand for branded ultra-luxury residences in West Palm Beach as construction progresses toward its anticipated 2028 completion.

Located on the 27th floor, Penthouse A is the signature residence within the 27-story tower. The four-bedroom, five-and-a-half-bathroom home encompasses 4,897 square feet of interior living space, complemented by approximately 1,200 square feet of private outdoor terraces overlooking the Intracoastal Waterway, Palm Beach Island, and the Atlantic Ocean.

Accessed via a private elevator, the residence features expansive entertaining spaces, soaring 12-foot ceilings, floor-to-ceiling glass, oversized closets, dual primary bathrooms, and a highly customized floor plan designed to maximize indoor-outdoor living. Its elevated position within the tower and unobstructed southeast-facing views distinguish it as the project's premier home.

According to the development team, the purchaser is an existing Palm Beach resident seeking to upgrade to a larger primary residence while remaining in the area. The penthouse's spacious layout, privacy, and ability to accommodate both everyday living and large-scale entertaining were key factors in the purchase decision.

Developed by Related Group in partnership with BH Group, The Ritz-Carlton Residences, West Palm Beach will introduce 138 waterfront residences within a 27-story tower. Homes range from two to four bedrooms and approximately 1,532 to 3,331 square feet, with every residence oriented east to capture panoramic water views.

Designed by Arquitectonica, with interiors by Rockwell Group and landscape architecture by Naturalficial, the development combines contemporary architecture with The Ritz-Carlton's signature hospitality. Residences feature soaring ceilings, floor-to-ceiling glass, custom Italian cabinetry, premium appliances, expansive terraces, and private elevator access.

The amenity collection includes a resort-style waterfront pool deck, state-of-the-art fitness and wellness center, spa, entertainment lounges, coworking spaces, children's playroom, golf simulator, guest suites, and a full suite of Ritz-Carlton residential services. Construction is currently underway, with completion anticipated in 2028.

Renderings via The Boundary

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UNFRAMED, Autograph Collection Set To Open In Miami Beach This April With Signature Coastal French Rooftop Concept

Poised to redefine the South Beach hospitality scene, UNFRAMED, Autograph Collection opened April 1, at 1685 Washington Ave in Miami Beach. The hotel — characterized by its striking architectural presence, an expansive rooftop pool and signature coastal French rooftop restaurant which will open in May. 149 stylish guest rooms with balconies and outdoor terraces, and prime location in mid-South Beach — represents the first premium, lifestyle property to open in the last decade on Washington Avenue, leading the neighborhood's redevelopment in the heart of Miami Beach. The hotel is owned and developed by Finvarb Group, led by Ronny Finvarb, in partnership with JAJ Investment Group. The iconic exterior designed by French architect Rudy Ricciotti and vibrant, sophisticated interiors by celebrated designer Gulla Jónsdóttir.

"At UNFRAMED, Autograph Collection, we aim to set the standard for effortless sophistication and refined hospitality, inviting our guests to enjoy a smart, definitive new perspective on Miami Beach," says General Manager Alexina Beauperthuy. "Our city has evolved over the years into a globally recognized hub of creativity, arts, and culture, and we look forward to offering visitors an experience truly immersed in the vibrant energy of Miami Beach."

"At UNFRAMED, Autograph Collection, we aim to set the standard for effortless sophistication and refined hospitality, inviting our guests to enjoy a smart, definitive new perspective on Miami Beach," says General Manager Alexina Beauperthuy.

UNFRAMED joins Marriott's Autograph Collection portfolio, a collection of hand-selected hotels, ranging from boutique to luxury, each offering a unique perspective on design, craft, and hospitality.

In a city colored by pastel Art Deco facades, UNFRAMED, Autograph Collection brings its own unmistakable visual identity to South Beach. From the exterior, the hotel's signature undulating white curves create a compelling fluidity and pay homage to the sensuality of the French Riviera, as designed by acclaimed architect Rudy Ricciotti. Inside, the vitality of Miami Beach comes alive under the artistic vision of celebrated interior designer Gulla Jónsdóttir. Guests will find layered elements of smooth stone, brushed metal, and luxurious fabrics throughout the hotel, creating an aesthetic that blends tropical modernism and South American flair.

Upon entering the lobby, guests are greeted by sleek, curvilinear shapes, organic lines, and textured surfaces designed to reflect Miami's natural beauty — starting with a bold walnut and bronze entry door from the porte-cochere and a bespoke, sculptural reception desk, two grand seating areas, a striking bronze fireplace, intimate six-seat bar, and a centerpiece chandelier by Parisian designer Mathieu Lehanneur.

On the upper floors, the hotel's accommodations include primarily king rooms with a selection of double queen rooms and the premium UNFRAMED presidential suite, a singular offering spanning more than 700 square feet. All guest rooms enjoy either a private balcony or garden terrace with eco-terrazzo flooring and rattan furnishings, and most offer partial ocean views with large windows that create a seamless sense of indoor to outdoor living.

Within the guest rooms, custom velvet beds and bespoke furniture anchor the space. Soft pink and deep rust tones deliver a sense of warmth and sanctuary that complement the rooms' wood cabinetry and offer an interesting counterpoint to the micro-cement showers and Calacatta Viola marble vanities in the bathrooms.

The fourth floor atrium courtyard is a verdant retreat visible from guest room hallways. Open to the sky, it features lush greenery, slate grey water features, and intimate seating areas, perfect for enjoying breakfast, tea, or evening drinks in a tranquil, airy environment. The rooftop features an expansive pool with ocean views and a signature coastal French concept restaurant which will open in May.

With a curated mix of indoor and outdoor venues, UNFRAMED, Autograph Collection offers a stunning backdrop for intimate events of up to 100 guests. Designed to elevate executive meetings, social gatherings, wedding celebrations, and everything in between, UNFRAMED, Autograph Collection combines versatile spaces — including a rooftop pool terrace with panoramic views of the city and ocean, a lush open-air atrium on the hotel's fourth floor, and the first floor Soundscape room — with tailored, chef-curated menus and attentive hospitality. In addition, the hotel's strong partnerships with nearby Soundscape Park and the Miami Beach Convention Center allow for a seamless meetings and events experience.

Situated at the corner of Washington Avenue and 17th Street, UNFRAMED, Autograph Collection is ideally positioned at the literal and figurative heart of Miami Beach's cultural district. Just steps away from the Frank Gehry-designed New World Symphony Center and Soundscape Park, The Fillmore Miami Beach at Jackie Gleason Theatre, The Bass Museum of Art, and more, UNFRAMED, Autograph Collection offers guests a front row seat to the city's magnetic creative landscape. For visitors arriving from farther afield, the hotel is a short, 20-minute drive from Miami International Airport, and easily accessible to other must-visit areas in the destination, including Wynwood, the Design District, and downtown Miami.

Follow UNFRAMED, Autograph Collection (@unframedmiamibeach) and Finvarb Group (@finvarbgroup) on Instagram.

Images via UNFRAMED, Autograph Collection

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Related Group and BH Group Break Ground on The Ritz-Carlton Residences, West Palm Beach

Leading real estate developers Related Group (Related) and BH Group, in collaboration with Marriott International, have officially commenced construction on The Ritz-Carlton Residences, West Palm Beach. Following exceptional pre-construction sales, with more than 70% of residences already spoken for, the boutique ultra-luxury development is expected to be completed in 2028.

“We surpassed $150 million in sales in the last six months, underscoring just how strong the West Palm Beach market has become – and how The Ritz-Carlton Residences, West Palm Beach is at the heart of that momentum,” said Nick Pérez, President of Related Group’s Condominium Division. “Having worked in this market for decades, we’ve seen West Palm Beach evolve into one of the most talked-about luxury destinations in South Florida. We knew this project would resonate, but it quickly emerged as one of the fastest-selling developments in our portfolio. We’re excited to see this trajectory continue.”

“West Palm Beach has entered a new era of growth, driven by strong migration trends and sustained demand for ultra-luxury waterfront living,” said Isaac Toledano, Founder of BH Group. “With The Ritz-Carlton Residences, West Palm Beach, we are introducing a product that reflects both the strength of the market and the elevated expectations of today’s buyers.”

Rising 27 stories along a prime waterfront site, the tower embodies the Ritz-Carlton’s timeless elegance and exacting design standards. Thoughtfully crafted by Arquitectonica with interiors by Rockwell Group and landscaping by Naturalficial, each of the 138 residences are intentionally oriented eastward to frame sweeping coastal views and vivid turquoise waters from every home – offering an uninterrupted connection to West Palm Beach’s waterfront lifestyle.

The two- to four-bedroom homes, ranging from 1,500 to over 3,000 square feet, are crafted to maximize light and air, with open layouts and floor-to-ceiling windows that extend effortlessly to expansive private balconies. The Chef-inspired kitchens are appointed with custom Italian cabinetry and top-of-the-line Sub-Zero and Wolf appliances while bathrooms showcase bespoke Hansgrohe fixtures. Each residence includes dedicated elevator access, an entry foyer, pre-wired smart home technology and keyless entry.

“Our goal was to create interiors that embrace the energy and beauty of life on the water,” said David Rockwell, Founder and President of Rockwell Group. “The eastern orientation shapes every detail, filling each space with natural light and horizon views. Floorplans flow seamlessly for both entertaining and everyday living, while materials, textures and finishes have been carefully chosen to balance elegance and functionality, making every residence as inviting as it is spectacular.”

True to The Ritz-Carlton’s legacy of exceptional hospitality, the Residences offer a refined collection of amenities and services curated to support comfort, connection and complete well-being. Managed by dedicated Ritz-Carlton staff, the experience begins with a dramatic bayfront pool deck featuring private cabanas, summer kitchens and poolside dining. Just beyond, a state-of-the-art fitness and wellness center offers the latest cardio and resistance training equipment, along with a world-class spa, private treatment rooms and his-and-hers steam and sauna facilities.

Residents will also enjoy an array of thoughtfully designed spaces for work, play and everyday living. Private conference and coworking areas offer seamless productivity. A dedicated children’s room and a gaming lounge with a cutting-edge golf simulator bring joy to all ages. Expansive outdoor terraces, multiple entertainment lounges and two fully appointed guest suites complete the amenity package, allowing for effortless hosting and leisure.

Throughout the property, a curated selection of museum-quality artwork from the Jorge M. Pérez Contemporary Art Collection enriches the residential experience. Residents also receive complimentary membership to the exclusive Cove Club, West Palm Beach’s premier waterside retreat offering dining, wellness and social programming.

Signature Ritz-Carlton concierge services complete the offering. From valet parking and 24-hour in-residence deliveries to personal arrangements for dining, travel, beauty and pet care, every detail is handled with warmth, discretion and precision.

Renderings via The Boundary

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W Pompano Beach Hotel & Residences Reveals Beachfront Bespoke Penthouse Collection

Preeminent real estate developers Related Group (Related) and BH Group, in collaboration with hospitality leader Marriott International, Inc., have revealed the penthouse collection within the highly anticipated W Pompano Beach Hotel & Residences. These exquisitely curated homes – with uninterrupted ocean views – bring an elevated level of design and amenities yet to be seen in Pompano Beach. Set along the region’s most stunning shoreline, the penthouses immerse buyers in a year-round coastal dream, offering remarkably expansive and supremely discreet light-filled sanctuaries. Prices range from $6.5 million to over $15 million, with the collection now officially on the market and open to buyer inquiries. Fortune International is the exclusive sales and marketing agent for W Pompano Beach.

“With these penthouses, we set out to create something extraordinary – residences that match the energy of the W brand and simultaneously push far, far beyond any home ever seen in this market,” said Nick Perez, President of Related’s Condominium Development Group. “This is a rare opportunity to own Pompano Beach’s residences as it emerges as South Florida’s next premier beachfront destination, at a value that’s impossible to find along South Florida’s waterfront today.”

Occupying the highest levels of the iconic 24-story tower, the nine residences double as waterfront sanctuaries with spectacular panoramic views and a seamless indoor-outdoor lifestyle. Inspired by single-family estates, penthouse floor plans range from 3,250 to over 6,200 square feet, with select residences offering even more expansive layouts that include double master suites and soaring ceilings up to 11 feet. Sunlight pours through the grand east-to-west windows, bathing interiors in natural light, while the sweeping terraces create the sensation of floating above South Florida’s spectacular coastline.

Crowning the property, three Premier Penthouses represent the pinnacle of the collection – a striking embodiment of coastal luxury at its finest. Each of these residences unfold onto a private, panoramic rooftop terrace spanning up to 2,800 square feet – a stunning outdoor retreat designed not just for relaxation but for unforgettable moments. Outfitted with climate-controlled lounges and a state-of-the-art summer kitchen, the terraces make entertaining effortless. These outdoor havens are completed by a shimmering pool deck that welcomes both peaceful mornings and vibrant sunset gatherings. Altogether, the rooftop areas offer some of South Florida’s most generous and thoughtfully crafted alfresco environments, where refined luxury meets the stunning natural beauty of Pompano Beach’s crystal-clear waterfront.

Penthouse owners also unlock the full W Hotels experience, allowing them the privacy of beachfront homes with the social energy of the five-star W brand. The sprawling 60,000-square-foot beach club-inspired WET® Deck transforms into the ultimate playground, where private cabanas, a lively bar and grill, and courts for pickleball and padel create endless opportunities for fun and connection. The shimmering pool and jacuzzi overlook stunning waterfront views, setting the scene for refined gatherings with family and friends.

Inside, W’s Signature Living Room pulses with curated experiences – from live music and art shows to intimate wine tastings and cultural events – while an exclusive speakeasy-style lounge offers a secret escape for late-night conversations and crafted cocktails. Fitness and wellness reach new heights with W’s state-of-the-art FIT® fitness center, which offers comprehensive cardio and weight equipment alongside dedicated yoga and spin studios, supporting a full schedule of private and group classes. The full-service AWAY® Spa is designed for total rejuvenation, featuring custom treatments, a cold plunge, jacuzzi, sauna, steam rooms and full hair and nail services.

“Only W Hotels, one of the industry’s most innovative hospitality brands, can deliver this blend of luxury, lifestyle and service,” said Isaac Toledano, Founder of BH Group. “This comes at a pivotal moment as Pompano Beach, fueled by billions in recent public and private investment, rapidly emerges as South Florida’s next luxury hotspot. With prime beachfront opportunities becoming increasingly scarce, this penthouse collection offers a rare chance to own at the forefront of the city’s dynamic growth.”

That bold vision is also reflected in the property’s architecture and design. Nichols Architects, in collaboration with KORA, created a striking silhouette along the shoreline, while interiors by award-winning firm Meyer Davis and lush landscapes by Enea Landscape bring the W brand’s signature luxury to life. From material choices to spatial flow, every detail reinforces the elevated lifestyle that defines the project.

W Pompano Beach Hotel & Residences marks a defining moment in Pompano Beach’s transformation, as billions in public and private investment spark a surge of new development, infrastructure and cultural momentum. As Related Group’s fourth project in the city, it reflects the firm’s deep-rooted commitment to shaping Pompano Beach into one of South Florida’s premier residential destinations.

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THE ST. REGIS BAL HARBOUR RESORT DEBUTS BH PRIME STEAKHOUSE

The St. Regis Bal Harbour Resort has introduced its first dedicated steakhouse, BH Prime, marking a significant addition to the resort’s dining portfolio. The new restaurant replaces the former BH Burger Bar, transforming the space into a refined, dinner-focused venue that caters to both hotel guests and local patrons. With a design rooted in warm wood, leather, and subtle contemporary touches, BH Prime offers a sophisticated yet approachable atmosphere in line with the resort’s Forbes Five-Star and AAA Five Diamond status.

BH Prime’s menu centers on classic steakhouse offerings with global accents. Highlights include the Miyazaki A5 Japanese Wagyu New York Strip, a 32 oz. USDA Prime Longbone Tomahawk, and a 14 oz. USDA Prime Boneless Ribeye, served with a signature smoking tableside finish. The raw bar features selections like chilled jumbo shrimp, seasonal oysters, and a royal seafood tower, while main courses also include miso-glazed sea bass and Ora King salmon with Mediterranean-inspired accompaniments.

In a nod to the space’s previous identity, a selection of upscale burgers remains on the menu, including a Bison Burger with maple pepper bacon, cambozola cheese, and Buffalo Trace BBQ sauce. The sides and starters are indulgent, ranging from truffle parmesan fries to lobster-infused “Angry Shrimp” and Gruyère mac & cheese.

BH Prime is also introducing a caviar program in partnership with luxury purveyor Petrossian, offering access to rare selections such as Tsar Imperial Ossetra and Royal Daurenki. The bar program was developed in collaboration with international mixologists from Hong Kong, Singapore, and Bangkok, and includes a curated wine list and an inventive cocktail selection. Executive Pastry Chef Nagypsy leads the dessert offerings, with standout items like a salted caramel crème brûlée and a layered chocolate ganache cake served with Cuban coffee ice cream.

The concept was brought to life by by General Manager Carlo Javakhia, a veteran of the global restaurant scene with past projects in Athens, Dubai, and Doha. He’s joined by Executive Chef Adrian Colameco, a Florida native whose cooking blends classical technique with Latin influences. Their leadership is complemented by the resort’s Director of Food & Beverage Fabien Gnemmi, whose Michelin-starred experience across Europe adds further depth to the project.

BH Prime seats 58 guests total and is open daily from 4:30 PM to 11:00 PM. The restaurant is open to the public, and in-room dining service is available for hotel guests. As Bal Harbour continues to attract affluent travelers and residents, BH Prime adds a new layer of luxury to the area's dining scene, positioning itself as a go-to for elegant evening meals in one of Miami’s most upscale beachfront neighborhoods.

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. 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

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Witkoff Set To Open The Belgrove, Autograph Collection Luxury Resort Including Renovated Dutchman's Pipe Golf Course in West Palm Beach This Fall

Witkoff, in collaboration with Access Industries, and Pyramid Global Hospitality, has signed an agreement with Marriott International to open The Belgrove, Autograph Collection in Palm Beach complete with a renovation of the Dutchman’s Pipe golf course. This modern oasis is set to open its doors by the end of 2024 and will offer a unique blend of polished elegance and laid-back luxury, celebrating the rich culture of Palm Beach.

The Belgrove will undergo a stunning property-wide transformation along Lake Mangonia, just 10 minutes from the heart of Palm Beach. The resort will feature 150 guest rooms, as well as public spaces such as the arrival experience, lobby, dining outlets, fitness and spa facilities, pools, outdoor patio areas, and meeting and function spaces. Additionally, twenty-two villas are expected to be constructed by 2025, offering additional inventory and investment opportunities.

With a mission to cultivate an ambiance of British Caribbean hospitality, The Belgrove’s accommodations will feature spacious interiors with refined island charm. Private balconies with expansive views of the surrounding natural beauty and neighboring golf course will be a highlight of the rooms and suites.

The resort will also introduce five distinct dining concepts, including Society48—an American brasserie with globally inspired dishes, Deep End—a full-service pool bar and kitchen, and Veranda—a space for daily teatimes and social gatherings. Guests of The Belgrove will have exclusive access to the newly renovated Dutchman’s Pipe golf course, a members-only Jack Nicklaus Signature Course. The resort will offer a world-class golf experience without membership fees, allowing guests to book tee times, receive lessons, and participate in tournaments.

Among the resort’s amenities will be a family-friendly pool, an adults-only pool, 16 poolside cabanas, and a variety of engaging programming. The Belgrove Spa will offer expansive treatment rooms and wellness offerings, while the fitness center, tennis courts, pickleball courts, and padel court will cater to guests looking to stay active.

The Belgrove’s meeting and event venues will provide over 25,000 square feet of indoor and outdoor space for a variety of occasions, all with natural light and access to outdoor areas. The resort will also participate in the Marriott Bonvoy travel program, allowing members to earn and redeem points for their stay.