North Development Pays Off $70 Million Construction Loan at Domus Brickell Park
North Development has officially paid off its $70 million loan for Domus Brickell Park, marking a major financial milestone for the recently opened Brickell development and reinforcing the company’s strong execution across construction, sales, closings and operations.
North Development has officially paid off its $70 million loan for Domus Brickell Park, marking a major financial milestone for the recently opened Brickell development and reinforcing the company’s strong execution across construction, sales, closings and operations. The payoff, completed in April 2026, follows the project’s on-time, on-budget completion and strong momentum since closings began. Within the first 60 days alone, Domus Brickell Park recorded 120 closings, underscoring continued buyer demand for North Development’s flexible ownership model, which combines fully furnished residences, hospitality-driven services and short-term rental flexibility.
“This accomplishment speaks to the strength of our team and the discipline behind the entire development process,” said Ricardo Dunin, Founding Partner of North Development. “Paying off the loan so quickly after opening is not just a financial achievement, it reflects the level of coordination, planning and execution that went into every phase of the project, and the strong market response we are now seeing from owners and guests.”
The loan payoff coincides with continued operational momentum at Domus Brickell Park following its recent opening. Since welcoming owners and guests, the property has already received many five-star reviews, reinforcing the strength of the guest experience and the demand for a fully managed residential model that offers both personal use and rent-generating potential. Forman Capital, the project’s main lender, recognized North Development’s execution throughout the development process, citing the team’s professionalism, preparedness, proactive communication and ability to navigate both senior and junior debt structures through full repayment.
“North Development managed the process with clarity and discipline from start to finish,” said Hellois Scheeres, Chief Risk Officer at Forman Capital. “Their ability to meet construction milestones, communicate proactively and ultimately deliver full repayment speaks to the strength of the organization and the caliber of its execution.”
Located in the heart of Brickell, Domus Brickell Park is a fully operational hotel and condominium offering furnished residences that owners can enjoy personally or place into the property’s short-term rental program. Through the Domus App, owners can manage their residence, access services and transition their unit into the hotel inventory when they are away, creating a flexible lifestyle experience for owners while supporting a consistent guest experience. Daily operations are managed by North Management, North Development’s in-house hospitality and property management platform, overseeing everything from service and maintenance to guest relations across the property. The building also features a curated amenity collection, including a rooftop pool deck, fitness center, steam room, garden lounge, co-working spaces and a 4,200-square-foot lobby anchored by Ludlow Coffee Supply, and the Ludlow bar further establishing Domus Brickell Park as a hospitality-driven destination in one of Miami’s most dynamic urban neighborhoods.
The success of Domus Brickell Park comes as North Development continues to advance its second Brickell project, Domus Brickell Center. The project is already more than 50% sold and ahead of its construction schedule, reflecting continued confidence in the Domus model and sustained demand for flexible, fully furnished residences in Miami’s urban core.
A limited selection of units remain, with prices beginning at $600K with Cervera Real Estate exclusively leading sales.
Past PROFILEmiami articles about Domus Brickell Park:
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North Development Launches House of Wellness Brickell, Debuting Wellness-Driven Residential Brands First Development
North Development has launched House of Wellness, a new wellness-integrated residential brand designed to make wellness-driven, high-design urban living more accessible. The brand’s first project, House of Wellness Brickell, is officially launching sales this month.
North Development has launched House of Wellness, a new wellness-integrated residential brand designed to make wellness-driven, high-design urban living more accessible. The brand’s first project, House of Wellness Brickell, is officially launching sales this month.
The debut of House of Wellness follows the success of North Development’s first residential concept, Domus FLATS, which achieved strong demand and sell-out performance across its projects. Building on that momentum, House of Wellness introduces a flexible condominium product that aligns wellness, hospitality-inspired services, and efficient design built for today’s urban living demands.
What truly sets House of Wellness apart is its Integrated Wellness Method, a structured, ongoing wellness program built directly into daily life, connecting personalized health assessments, curated services, and community programming into a seamless living experience.
“House of Wellness reflects how people want to live and invest today,” said Ricardo Dunin, Founding Partner of North Development. “We’ve seen firsthand with Domus that efficient, design-led residential concepts resonate strongly with the market. We believe that wellness focused buildings have been solely affordable by wealthy buyers for too long. It is time to make wellness accessible to everyone. “
The building unveils over 22,000 square feet of dedicated wellness, fitness, and lifestyle programming, anchored by a rooftop deck on the 35th floor with a rooftop club room and panoramic city and bay views. The brand’s Integrated Wellness Method begins with a full-body assessment and personalized baseline for each resident, followed by ongoing evaluations to track progress over time. Wellness is supported through access to on-site professionals and guided programming, all overseen by a dedicated Lifestyle Director who curates wellness, social, and educational experiences. This ensures that the offering remains active, measurable, and seamlessly integrated into daily life through intelligent technology and a dedicated wellness app. Residents also have access to on-site nutritional and fitness experts charged with creating tailored programs for holistic well-being.
The building’s wellness and lifestyle amenities include a full-service spa, including a hammam, sauna, steam room, cold plunge, indoor and outdoor fitness facilities, treatment rooms, co-working spaces, social area, juice bar and pantry, podcast room, hair salon, ground-floor urban lounge, and pet-friendly amenities including a dog spa and dog park.
Located at 152 SW 9th Street in Brickell, adjacent to The Underline and the Metromover, and within walking distance of Mary Brickell Village and Brickell City Centre, House of Wellness Brickell sits at the center of Miami’s most connected urban district. Rising 34 stories, the tower will house 656 condominium residences, with a curated mix of studio, one-, and two-bedroom floor plans starting at $390,000.
“Our work has always been about building systems, not just buildings,” said Juan Carlos Tassara, Founding Partner of North Development. “With House of Wellness, we’re applying lessons from 70 delivered projects to create a residential concept that aligns wellness, hospitality, and long-term investment performance.”
House of Wellness Brickell also incorporates a building-wide water purification system in partnership with CLEAR.
Architecture is led by MC+G Studio, with interior design by Urban Robot. Residences are intentionally compact, pairing smart layouts with bold, contemporary design to deliver a highly livable, design-led urban experience. The building will be professionally operated and managed by North Management, North Development’s in-house management arm.
Sales for House of Wellness are underway and will be marked by a celebration in March, followed by the opening of the project’s sales gallery. Exclusive sales and marketing are being led by Fortune Development Sales.
Past PROFILE Articles about House of Wellness Brickell:
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North Development Completes Foundation Pour at Domus Brickell Park And Begins Vertical Construction
Following several months of foundation work, one of Miami’s most anticipated short-term-rental-friendly condominium towers is going vertical. North Development’s Domus Brickell Park, a 12-story, 171-unit offering, set to redefine the traditional condo-hotel sector, is already 60% sold.
Following several months of foundation work, one of Miami’s most anticipated short-term-rental-friendly condominium towers is going vertical. North Development’s Domus Brickell Park, a 12-story, 171-unit offering, set to redefine the traditional condo-hotel sector, is already 60% sold and has achieved a string of construction mileposts since its spring groundbreaking, putting the project on track for a Q1 2026 delivery.
General contractor Thornton Construction has been overseeing progress at the project’s site, which is well-sited in the Brickell Financial District along the bustling Southwest Second Ave. thoroughfare (1611 SW 2nd Avenue).
In addition to the property’s construction crane now being fully operational, the buildout of columns and shear walls is underway. The first pour of the mezzanine level – the tower’s first elevated slab – is underway, along with additional infrastructure work.
The market has been abuzz over Domus Brickell Park – the first offering to go vertical within the Domus FLATS portfolio by North Development, a joint-venture between Miami developer Ricardo Dunin’s Oak Capital and Edifica, a Peruvian conglomerate focused on development, construction, and fund management with a 20-year track record of success.
“Domus Brickell Park is one of the most exciting opportunities for buyers in Miami’s most in-demand urban setting, and we are thrilled to be celebrating this latest milestone, bringing it closer to fruition,” said Dunin, who is the founding partner of North Development.
Dunin, who helped pioneer condo-hotels in South Florida with projects like The Mutiny Hotel and the Sonesta Bayfront Hotel, both in Coconut Grove, is reinvigorating what he notes as a “tired” concept with the Domus FLATS portfolio, starting with Domus Brickell Park. As Dunin explains, over the years, the condo-hotel concept has degraded and the hospitality component has virtually disappeared, making it an “uncertain product.” Domus Brickell Park – as well as its sister project, Domus Brickell Center (1034 SW 2nd Ave., Miami, Fla.), which was unveiled in May – will be rooted in hospitality.
“What we are building is a completely new asset class and a welcomed addition to the Brickell neighborhood where many buyers have been priced out,” said Juan Carlos Tassara, cofounder of North Development. “Residents and guests will have the security, comfort, and value of consistent, luxury hotel-worthy quality.”
Domus Brickell Park will offer 24-hour oversight by North Management, a subsidiary of North Development, ensuring top-tier brand standards with a 360-degree, customer-focused approach. Residents will enjoy hotel-style amenities, including a vibrant, fully equipped activated lobby with food and beverage services, creating an inviting gathering space for guests and locals alike.
Fully-furnished studio, one- and two-bedroom condominium residences – currently ranging from the $600,000’s to $1.2 million – will feature nine-foot ceilings, private balconies, keyless entry smart lock systems, Italkraft cabinetry, Bosch appliances, premium finishes, and in-unit washers and dryers.
Domus Brickell Park (as well as Domus Brickell Center) is being exclusively brokered by Cervera Real Estate. The building will feature designs by Zyscovich Architects and interiors by Urban Robot Associates.
Images via North Development
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North Development Launches Revolutionary Condo-Hotel Brand 'Domus' And First Project 'Domus Brickell Park'
Ricardo Dunin, CEO of Oak Capital and the Miami developer who pioneered the South Florida condo-hotel industry in the 90s, and Edifica, one of the largest developers and builders in Peru, have joined forces for the creation of North Development and the launch of DOMUS, a new condo-hotel brand. North Development’s first project in Miami, Domus Brickell Park, is located Brickell, at 1611 SW 2nd Avenue, and features 171 fully furnished condo-hotel units rising 12 stories.
Ricardo Dunin, CEO of Oak Capital and the Miami developer who pioneered the South Florida condo-hotel industry in the 90s, and Edifica, one of the largest developers and builders in Peru, have joined forces for the creation of North Development and the launch of DOMUS, a new condo-hotel brand.
North Development’s first project in Miami, Domus Brickell Park, is located the booming Brickell area, at 1611 SW 2nd Avenue, and features 171 fully furnished condo-hotel units rising 12 stories. The studios, one and two-bedroom units, ranging from 330 to 979 square feet, and with prices from the $400,000’s to the $900,000’s, were masterfully designed by Zyscovich Architects, with interiors by Urban Robot. This is the second project between Dunin and Zyscovich, after working together at The Meridian Lofts in Miami Beach.
“Domus Flats is a new condo-hotel brand that will offer the ultimate solution for buyers that want to enjoy their property when in town and maximize rental income when not in residence,” said Ricardo Dunin. “We have incorporated innovative features that have never been seen before and are putting a strong focus on efficiency and hospitality. We have always worked on high end hotels, like when we created the Le Sereno brand in St. Barth, and those are core values that we want transferred to Domus.”
“Our proprietary Domus reservation system, powered by Hosteeva, allows access to over 85 sales channels, that receive over 700 million monthly visits, including all the major channels such as Airbnb, Booking, Expedia, Marriott, which includes the use of Bonvoy points, and several airlines” added Juan Carlos Tassara, managing partner of Edifica. “Our automated dynamic pricing algorithm uses real-time market data to maximize revenue and occupancy.”
Guests can check-in online and receive their unit's access key on their phone before arrival. This not only offers convenience but also increases the building's security by allowing it to get familiar with the guests in advance. The access key is required for elevator use, ensuring that only owners and guests have access to the units. A 24/7 call center for guests will also be available. By eliminating the developer’s ownership of the common areas (commonly known as the “desk”), but still offering professional management for the individual units, owners will pay substantially less in fees without compromising the integrity of the high-end hospitality concept.
Another competitive advantage of the project is that yearly occupancy for more than 6 months and one day in not allowed. This eliminates the natural conflict between permanent residents and the transient rental business, while still allowing for out-of-towners enjoyment of their units when in Miami.
At the heart of the building, in the oversized lobby, is The Peacock Room. This space includes an all-day food and beverage experience, with gourmet coffee, wine, specially brewed beers, and a market. It includes co-working spaces, high speed internet and chill music, which will attract both locals and guests.
Domus Brickell Park features a wellness center, including a steam room and state-of-the-art fitness equipment. There is also a rooftop pool deck with cabanas, a jacuzzi hot tub, a grilling and entertainment area.
The building is expected to open late 2025, and North Development has a long-term interest in utilizing the Domus brand in multiple locations. The project’s sales and marketing for Domus Brickell Park will be exclusively by Cervera Real Estate.
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Fortune International Group and Oak Capital Break Ground On The Ritz-Carlton Residences, Pompano Beach
Developers Fortune International Group and Oak Capital have broken ground on The Ritz-Carlton Residences, Pompano Beach. Designed by Revuelta Architecture International with interior and landscape design by world-renowned designer Piero Lissoni, the property will set a new standard for full-service, resort-style living in the tri-county area, offering a collection of 205 impeccably designed residences
Developers Fortune International Group and Oak Capital have broken ground on The Ritz-Carlton Residences, Pompano Beach. Designed by Revuelta Architecture International with interior and landscape design by world-renowned designer Piero Lissoni, the property will set a new standard for full-service, resort-style living in the tri-county area, offering a collection of 205 impeccably designed residences across a landmark dual-tower setting. The Residences are slated for completion in 2025 and are currently over 75% sold.
“We are thrilled to begin construction on The Ritz-Carlton Residences, Pompano Beach,” said Edgardo Defortuna, President and CEO of Fortune International Group. “It is always a pleasure to work alongside Oak Capital and the renowned Ritz-Carlton brand. We are excited to see this world-class property redefine luxury for the area with a meticulous design, unparalleled amenities and services, and an undoubtedly exquisite level of sophistication.”
Poised to rise as one of South Florida’s most sophisticated lifestyle-driven properties, the two towers of The Ritz-Carlton Residences, Pompano Beach treat residents to stunning waterfront views and detailed craftsmanship. The 32-story, 117-residence Beach Tower offers a prime location overlooking the pearly white sand and deep blue ocean of Pompano Beach. The 14-story, 88-residence Marina Tower provides an equally magnificent location just across the street, boasting an idyllic snapshot of the intercoastal.
Each tower’s fully finished residences include spacious floorplans, Italian-designed kitchens with top-of-the-line appliances, laundry rooms with full-size washers and dryers, walk-in closets in all primary bedrooms, and service quarters in select residences. Penthouses feature lush garden terraces, a luxurious private pool, a summer kitchen, and stunning 360-degree views of the Atlantic Ocean. Remaining inventory within each tower showcases incredible floorplan options, as each residence has been thoughtfully designed with each Owner’s experience in mind.
“The Ritz-Carlton Residences, Pompano Beach will be an outstanding addition to Pompano Beach, which continues to grow and elevate resort-style living in South Florida,” said Ricardo Dunin, Founder and CEO of Oak Capital. “I’m delighted to break ground on my third property with The Ritz-Carlton brand and to reach this milestone alongside the great team at Fortune International Group. I truly believe this project will be a game changer for South Florida.”
The brand experience enlivens the senses and fulfills even the unexpressed wishes and needs of residents who will enjoy an endless array of specialized, curated services. As such, The Residences offer an expansive collection of over 35,000 square feet of curated amenity space. Amenities include a yacht club with a private resident marina, an oceanfront beach club, sports courts, tropical pool decks, indoor-outdoor social areas, on-premise dining, and much more to further enhance the overall living experience. The property will also include Guest Suites available exclusively for friends and family of residents, with access to services and amenities.
Renderings via DBOX and Berga & Gonzalez. Images via World Red Eye
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The Ritz-Carlton Residences, Pompano Beach To Break Ground This Fall After Passing 75% Sold
The developers of The Ritz-Carlton Residences, Pompano Beach, Fortune International Group and Oak Capital, have announced the dual-tower property set to revolutionize legendary living in Pompano Beach has reached over 75% sold and plans to break ground Fall 2022. The Ritz-Carlton Residences, Pompano Beach will set a new standard for full-service, resort-style living in the tri-county area.
The developers of The Ritz-Carlton Residences, Pompano Beach, Fortune International Group and Oak Capital, have announced the dual-tower property set to revolutionize legendary living in Pompano Beach has reached over 75% sold and plans to break ground Fall 2022. The Ritz-Carlton Residences, Pompano Beach will set a new standard for full-service, resort-style living in the tri-county area.
Since launching sales in December, the reservation process has had an overwhelming response from buyers. Buyers at The Residences, Pompano Beach hail primarily from South Florida, the East Coast including New York, Chicago and Boston, and Canada. The outstanding sales and marketing success has been led by Harvey Daniels as Director of Sales alongside his on-site sales team.
“We could not have reached this incredible sales milestone without the help of our dedicated sales and marketing teams and our development division who have worked tirelessly to conceptualize a project that will transform luxury living in South Florida,” said Edgardo Defortuna, President and CEO of Fortune International Group. “The Ritz-Carlton Residences, Pompano Beach will offer a transformative lifestyle and incomparable experiences as Pompano Beach continues to flourish. We are thrilled to be part of The Ritz-Carlton's legacy which will forever transform the city.”
The 32-story Beach Tower offers a prime location on the sands of Pompano Beach and the 14-story Marina Tower provides an equally stunning location just across the street. Each tower highlights fully-finished residences with spacious floorplans boasting ocean and intracoastal views, Italian-designed kitchens with top-of-the-line appliances, laundry rooms with full-size washer and dryer, walk-in closets in all primary bedrooms, and service quarters in select residences. Penthouses feature lush garden terraces, a luxurious private pool, a summer kitchen and stunning 360-degree views of the Atlantic Ocean. Remaining inventory within each tower showcases incredible floor plan options as each residence on-property has been thoughtfully designed with resident experience in mind.
“The Ritz-Carlton Residences, Pompano Beach are one of the most highly amenitized properties in South Florida with over 35,000 square feet of expansive indoor and outdoor amenity space across both towers which will provide for a truly unmatched experience for residents,” said Harvey Daniels, Director of Sales. “As South Florida’s best kept secret, there is an increasingly high demand for new, luxury residences in the heart of Pompano Beach. We have experienced tremendous sales success since the property’s inception which is a major testament to the demand for high-quality, luxury living in South Florida.”
Meticulously designed by Revuelta Architecture International with interiors and landscape architecture by world-renowned Piero Lissoni, The Ritz-Carlton Residences, Pompano Beach will offer an expansive array of over 35,000 square feet of curated amenity space. Amenities include a Yacht Club with a private resident marina, an oceanfront Beach Club, sports courts, tropical pool decks, indoor-outdoor social areas, on-premise dining, and much more to further enhance the overall living experience. The property will also include Guest Suites available exclusively for friends and family of residents with access to services and amenities. Homeowners at The Ritz-Carlton Residences, Pompano Beach will receive unwavering commitment to service and Ritz-Carlton benefits without the transient use.
Renderings via DBOX and Berga & Gonzalez
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New Renderings Revealed Of The Ritz-Carlton Residences, Pompano Beach
Fortune International Group and Oak Capital have revealed new Piero Lissoni-designed interior and new exterior renderings of The Ritz-Carlton Residences, Pompano Beach. The Ritz-Carlton Residences, Pompano Beach will be first luxury address in Pompano Beach and will offer 205 residences and over 35,000 SF of resort-style amenities.
Fortune International Group and Oak Capital have revealed new Piero Lissoni-designed interior and new exterior renderings of The Ritz-Carlton Residences, Pompano Beach. The Ritz-Carlton Residences, Pompano Beach will be first luxury address in Pompano Beach and the property will offer 205 residences and over 35,000 square feet of resort-style amenities with stunning views of the Atlantic Ocean and Intracoastal Waterway. The highly amenitized property is the first ever to offer two distinct towers, Beach Tower on the pristine sands of Pompano Beach to the east and Marina Tower with an intracoastal experience and private marina to the west, both of which will be complemented by legendary Ritz-Carlton service.
The interiors and landscape design at The Ritz Carlton Residences, Pompano Beach is designed by Piero Lissoni, who is creative director for Alpi, B&B Italia, Boffi, Living Divani, Lema, Lualdi, Porro and Sanlorenzo for whom he also designs an extensive range of products. Recognized as one of the masters of contemporary design, he has worked with many international brands including Alessi, Antrax, Atlas Concorde, B&B Italia, Bonacina1889, Cappellini, Cassina, Cotto, and more. The architectural design is by Revuelta Architecture International.
“The project of Lissoni New York regards the interior of the two residential towers: one facing the ocean and the other overlooking a marina. Maintaining the same language but defined individually to lend a specific character to each building, the aim was to design environments that were comfortable and welcoming and create sophisticated places for relaxation and socialization, introducing a new lifestyle opportunity for the area of Pompano Beach in South Florida.” Said Piero Lissoni.
The 14-story Marina Tower provides an equally stunning location just across the street from Beach Tower, overlooking 250 feet of waterfront between the Intracoastal Waterway and Pompano Beach’s South Ocean Boulevard. The tower offers 88 residences with sunset views, including four penthouses, which range in size from one to four bedrooms, spanning 917 to 3,947 square feet.
The 32-story Beach Tower offers a prime location on the sands of Pompano Beach with 250 feet of ocean frontage on 2.25 acres of land. A selection of 117 oceanfront residences, including two penthouses, range in size from one to five bedrooms, spanning 1,309 to over 6,824 square feet.
“In the east tower (The Beach Tower), the connection and dialogue with the ocean are amplified right from the entrance by the presence of large pools that flank the approach to the reception. The contemporary design defined by pure lines and forms is expressed through natural materials and light colors with touches of rich blue, while in the west tower (The Marina Tower) the hues are slightly darker. The inspirations for both buildings come from the nautical world and from the warm and Mediterranean atmosphere of a yacht club, while the detailed and almost theatrical lighting design is also elemental in cultivating intimate and welcoming environments. Large glazed volumes define the spaces and appear to bring the lush Caribbean nature indoors.” Said Lissoni.
The two towers offer an expansive array of over 35,000 square feet of curated amenity space. The Residences will offer a Marina Yacht Club with a private resident marina, an oceanfront Beach Club, sports courts, tropical pool decks, indoor-outdoor social areas, on-premise dining, and much more to further enhance the overall living experience
“The landscape design is closely tied to the locality and highlights exotic native species that interplay with the clean and linear geometry of the hardscape, producing a sinuous terrain that calls to mind the forms of desert dunes.” Said Lissoni. “Both inside and outside, water is a central element that dialogues continually with the architecture, becoming a part of it and generating pathways and connections in the process.”
Fortune International Sales is the exclusive sales and marketing team for The Residences, with homes priced from $1 million and completion slated for 2025. The Ritz-Carlton Residences, Pompano Beach are located at 1380 S. Ocean Blvd. in Pompano Beach, Florida.
Renderings via DBOX and Berga & Gonzalez
For more information about The Ritz-Carlton Residences, Pompano Beach, private showings or purchasing/ leasing information please fill out the form below:
One of The Last Vacant Development Parcels In Brickell Sells For $7 Million
One of the last development parcels in Brickell has sold for $7 million with plans for an approved and permitted 60 unit condo or apartment project. The 19,850 SF, .46 acre lot is located at 1621 SW 2nd Ave. in West Brickell, just a few blocks away from Brickell City Centre, SLS Hotel, Echo Brickell, Mary Brickell Village, and Brickell Bay Boardwalk.
One of the last development parcels in Brickell has sold for $7 million with plans for an approved and permitted 60 unit condo or apartment project. Oak Capital, led by Ricardo Dunin, acquired the 19,850 SF, .46 acre lot which is located at 1621 SW 2nd Ave. in West Brickell, just a few blocks away from Brickell City Centre, SLS Hotel, Echo Brickell, Mary Brickell Village, and Brickell Bay Boardwalk. The shovel-ready 60 unit project would rise 9-stories and the location of site and T6-8-0 zoning allows for short-term rentals. The transaction closed on February 1, 2022 and was overseen by FA Commercial’s Fabio and Sebastian Faerman who represented both the buyer and seller. FA Commercial represented the current seller, Carlos Pineda, in the original purchase of this site for $2.7 million to disposition selling the site for $7 million with approved potential for development.
Images via FA Commercial
Fortune International Group And Oak Capital Launch The Ritz-Carlton Residences, Pompano Beach
Fortune International Group and Oak Capital have launched The Ritz-Carlton Residences, Pompano Beach, the first luxury address in Pompano Beach. The highly-amenitized property will offer 205 residences and over 35,000 square feet of resort-style amenities with stunning views of the Atlantic Ocean and Intracoastal Waterway.
Fortune International Group and Oak Capital have launched The Ritz-Carlton Residences, Pompano Beach, the first luxury address in Pompano Beach. The highly-amenitized property will offer 205 residences and over 35,000 square feet of resort-style amenities with stunning views of the Atlantic Ocean and Intracoastal Waterway. The Pompano Beach Residences mark the fourth property between the development team and world-renowned brand, which is a testament to the two powerhouse developers’ success and the demand for a never-before-seen residential experience in Broward County.
Set to revolutionize luxury living from sunrise to sunset, the highly amenitized property is the first ever to offer two distinct towers, Beach Tower on the pristine sands of Pompano Beach to the east and Marina Tower with an intracoastal experience and private marina to the west. The collection of 205 residences will be complemented by legendary Ritz-Carlton service.
“The Ritz-Carlton Residences, Pompano Beach will serve as an exquisite, landmark property for the area, elevating the standard of living in Broward County indefinitely,” said Edgardo Defortuna, President and CEO of Fortune International Group, “Fortune International Group is thrilled to work alongside such an esteemed brand once again after a wonderful experience developing The Ritz-Carlton Residences, Sunny Isles Beach. We anticipate similar success in Pompano Beach as we deliver a new level of sophistication, unparalleled service and attention to detail to the area, which the brand is so distinctly commended for.”
Interiors and lush landscape design for The Residences have been meticulously curated by world-renowned designer Piero Lissoni with architectural design by Revuelta Architecture International. The private, residence-only property allows Owners to uniquely experience the best of both worlds on the beach and the Intracoastal Waterway.
The Ritz-Carlton experience enlivens the senses and fulfills even the unexpressed wishes and needs of residents who will enjoy an endless array of specialized, curated services. The property will also include Guest Suites available exclusively for friends and family of residents with access to services and amenities.
“Our development will undeniably be the preeminent project in Pompano Beach for many years to come,” said Ricardo Dunin, Founder and CEO of Oak Capital. “I am incredibly excited to develop my third property with The Ritz-Carlton and to join forces once again with Piero Lissoni, with whom I completed The Ritz-Carlton Residences, Miami Beach. Additionally, The Ritz-Carlton Residences, Pompano Beach mark the first project to be launched under my new company, Oak Capital, and my first project together with Fortune, whose quality of work I’ve always admired. I am convinced that the combined experience of the team will result in a project that will surpass everyone’s expectations.”
The 32-story Beach Tower offers a prime location on the sands of Pompano Beach with 250 feet of ocean frontage on 2.25 acres of land. A selection of 117 oceanfront residences, including two penthouses, range in size from one to five bedrooms, spanning 1,309 to over 6,824 square feet.
The 14-story Marina Tower provides an equally stunning location just across the street from Beach Tower, overlooking 250 feet of waterfront between the Intracoastal Waterway and Pompano Beach’s South Ocean Boulevard. The tower offers 88 residences with sunset views, including four penthouses, which range in size from one to four bedrooms, spanning 917 to 3,947 square feet.
Intended as an extension of resident living space, the two towers offer an expansive array of over 35,000 square feet of curated amenity space. The property is set to enrich the lives of residents across five pillars -- Marina, Beach, Wellness, Entertainment and Dining -- providing unique experiences from sunrise to sunset. The Residences will offer a Marina Yacht Club with a private resident marina, an oceanfront Beach Club, sports courts, tropical pool decks, indoor-outdoor social areas, on-premise dining, and much more to further enhance the overall living experience.
Further highlights within each fully-finished residence include spacious floorplans boasting ocean and intracoastal views, Italian-designed kitchens with top-of-the-line appliances, laundry rooms with full-size washer and dryer, walk-in closets in all master bedrooms, and service quarters in select residences. Penthouses feature lush garden terraces, a luxurious private pool, a summer kitchen and stunning 360-degree views of the Atlantic Ocean.
Fortune International Sales is the exclusive sales and marketing team for The Residences, with homes priced from $1 million and completion slated for 2025.
The Ritz-Carlton Residences, Pompano Beach are located at 1380 S. Ocean Blvd. in Pompano Beach, Florida.
For more information about The Ritz-Carlton Residences, Pompano Beach, private showings or purchasing/ leasing information please fill out the form below:
North Development has officially paid off its $70 million loan for Domus Brickell Park, marking a major financial milestone for the recently opened Brickell development and reinforcing the company’s strong execution across construction, sales, closings and operations.