Witkoff Secures $302.6 Million Construction Loan for First Phase of Kobi Karp-Designed Residential Development in Miami Worldcenter

Another major residential development is moving closer to construction in Downtown Miami after Witkoff, in partnership with Monroe Capital, secured a $302.6 million construction loan for the first phase of its planned three-tower community at 700 North Miami Avenue in Miami Worldcenter.

The financing marks a significant milestone for one of the final large-scale undeveloped parcels within Miami Worldcenter. The nearly five-acre property, formerly home to the historic Miami Arena, is planned for a master-planned residential development designed by Kobi Karp Architecture & Interior Design.

The financing was provided by Athene Annuity and Life Company, an affiliate of Apollo Global Management, together with J.P. Morgan Chase. The transaction refinanced approximately $57.3 million in existing debt while providing roughly $245.3 million in new construction financing. Lotus Capital Partners arranged the financing.

The project's first phase will include a residential tower rising approximately 600 feet with 894 residential units. Plans also call for 17,367 square feet of ground-floor retail space and a nine-story parking garage encompassing approximately 167,237 square feet.

Upon completion, the full development will feature three residential towers rising 50, 51 and 53 stories. The master plan includes 2,346 residential units, approximately 30,535 square feet of commercial space and 2,078 parking spaces, creating one of the largest planned residential communities within Miami Worldcenter.

The development continues to move through the City of Miami's permitting process. Site preparation has already been approved, while the master building permit and phased vertical construction permit remain under review. Construction costs for the first phase are estimated at nearly $270 million, with Coastal Construction serving as the project's general contractor.

Witkoff and Monroe Capital acquired the property for $94 million in 2021 after earlier redevelopment plans for the site were never realized. Before the current vision, the parcel had been slated for a Marriott Marquis hotel and convention center project that ultimately did not move forward.

The property occupies the former site of the Miami Arena, which opened in 1988 as the original home of the Miami Heat before later hosting the Florida Panthers, as well as concerts, sporting events and other entertainment throughout its history. The arena was demolished in 2008.

Located within walking distance of Brightline's MiamiCentral Station and other regional transit connections, the project represents another major step in the continued evolution of Miami Worldcenter as Downtown Miami's mixed-use neighborhood continues to expand.

Renderings via Kobi Karp Architecture & Interior Design

Past PROFILEmiami articles about 700 North Miami Ave:

For more information about 700 North Miami Ave., commercial or sales or leasing in Miami Worldcenter, private showings or availability/ pricing information please fill out the form below:

Witkoff and Ocean Terrace Holdings Reveal New Renderings of the Resort Residences at Ocean Terrace in Miami Beach

Witkoff Group, in partnership with Ocean Terrace Holdings, a partnership between Alex Blavatnik and Sandor Scher, has revealed new renderings of the Resort Residences at Ocean Terrace. The Resort Residences are located in a separate building from the condo tower and boutique hotel. They offer furniture packages designed by RAMSA and the opportunity to be placed within the hotel program for bookings.

Ocean Terrace, a highly anticipated oceanfront mixed-use development in North Beach, Miami Beach. With architecture by Revuelta Architecture International and interiors by RAMSA (Robert A.M. Stern Architects), Ocean Terrace offers carefully envisioned residences that embrace Miami Beach’s scenic beauty and sophisticated coastal lifestyle. Located directly on the ocean between 74th and 75th Streets with 350 feet of shoreline, the project includes a rare collection of 52 private condominium residences, and a separate tower featuring 24 resort residences all perched above curated retail spaces that enrich the local streetscape. The project also features a separate RAMSA designed historic hotel that has 42 luxury guestrooms. Sales and marketing for Ocean Terrace are exclusively overseen by Douglas Elliman Development Marketing with pricing starting at $6.3M and completion expected in 2029.

With a focus on craftsmanship and timeless design, Ocean Terrace is accentuated by signature touches from the esteemed RAMSA, also known for designing interiors for projects such as Shore Club Private Collection in Miami Beach, as well as 20 East End Avenue and 30 Park Place in New York. The residences include thoughtful finishes such as Parquet de Versailles white oak flooring, custom RAMSA-designed cabinetry, natural stone countertops and chef-caliber Gaggenau appliances, as well as unique features such as private elevators in each home. Ranging from one-bedroom-den configurations to expansive five-bedroom homes in the condo tower to fully furnished one-to four-bedroom residences and penthouses in the resort residences, the interiors combine elements of Miami Modern and Art Deco while taking inspiration from mid-century Brazilian modernism, known for its use of tropical woods, and French modernism. Each home will boast expansive private terraces and uninterrupted views of the Atlantic Ocean, lush parklands, and the Miami skyline—delivering a rare trifecta of ocean, park, and skyline views, a highly sought-after combination in South Florida.

Designed to perfectly balance discretion and connection are Ocean Terrace’s over 18,000 square feet of interior amenities. RAMSA envisioned a sculpted lobby with custom detailing, a state-of-the-art fitness center with ocean views, a curated library, and a tea room with wood-paneled walls, stone flooring, and custom antique-style millwork. Outdoors, approximately 50,000 square feet of amenity space includes a private residential porte-cochere and motor court, a resident-only sunrise lap pool, a sunset pool with cabanas and dining service, and a variety of open-air gathering spaces designed for both relaxation and social connection. Landscape design by ENEA further enhances the harmonious connection between the built environment and the native charm of North Beach.

At the heart of Ocean Terrace lies a five-acre Raymond Jungles-designed park, a reimagined public space that blends nature, art and community. Inspired by iconic urban oases, the park features an art installation by acclaimed Parisian sculptor Prune Nourry. Now open, the park is the first part of Ocean Terrace to debut, leading a resurgence in the neighborhood and setting the tone for its transformation into a lively destination.

In addition to the retail, residential and hotel offerings, Ocean Terrace features an exclusive private Members Club, designed as a refined retreat for residents seeking a more intimate and personalized experience. With dedicated social, dining, and wellness spaces, the club provides a seamless extension of the Ocean Terrace atmosphere in a secluded and refined setting.

Renderings via The Boundary

Past PROFILE Articles about Ocean Terrace:

For more information about Ocean Terrace or to inquire about purchasing a unit please fill out the form below:

Witkoff and PPG Development Top Off The Kobi Karp-Designed 'The Residences at Shell Bay'

Witkoff Group and PPG Development have surpassed major milestone for Shell Bay, a private, 150-acre enclave and one of the nation’s most ambitious private club and residential communities. The property’s premier 20-story condominium tower, The Residences at Shell Bay, has officially topped off. Reaching this benchmark is a significant step toward the tower’s completion and reinforces its position as the most amenitized new development in South Florida. G.T. McDonald Enterprises is serving as the general contractor for the project.

“What we’ve created at Shell Bay simply does not exist anywhere else in South Florida: a championship Greg Norman golf course, all four Grand Slam tennis surfaces, a private marina, world-class wellness and dining, all within a single 150-acre private community serviced by Auberge Collection,” said Alex Witkoff, CEO of Witkoff. “This offering would be extraordinarily difficult to replicate and positions Shell Bay as the definitive destination for luxury living in the Miami region.

With completion slated for 2027, The Residences at Shell Bay is situated at the heart of the region’s most exclusive golf and wellness destination and offers five-star service by the acclaimed hospitality group, Auberge Collection. The tower’s construction achievement builds excitement for its spacious 108 private residences, which will feature unprecedented views of the Intracoastal Waterway, the private 18-hole championship golf course by Greg Norman and the expansive surrounding gardens envisioned by the talented Nievera Williams Design. The news also follows a series of significant milestones demonstrating forward momentum for the project, including the recent closing of a $273 million construction loan from J.P. Morgan and BDT & MSD Partners.

“In a region known for luxury development, opportunities to live within a 150-acre private club are extremely limited,” said Ari Pearl, Founder and CEO of PPG Development. “Shell Bay combines a 20-story residential tower with championship golf, a world-class racquet program, marina access and more, all within a members-only private club. Completing vertical construction is a significant step toward bringing that vision to market.”

As demand for highly amenitized, resort-style living strengthens in the market, The Residences at Shell Bay stands apart as the leading destination prioritizing privacy, wellness, and seamless access to best-in-class lifestyle experiences—all within a single, thoughtfully curated setting. Shell Bay will set a new standard for luxury living in South Florida, representing a once-in-a-generation opportunity for buyers.

With architecture by award-winning firm Kobi Karp Architects, The Residences at Shell Bay comprise a limited collection of one- to four-bedroom homes, each defined by generous floor plans, wraparound terraces, and a seamless connection to the outdoors. Residential interiors by AvroKO, the visionaries behind projects such as 1 Hotel Central Park and The Ritz-Carlton New York, NoMad, introduce a refined yet relaxed residential sensibility, pairing bespoke detailing with a sophisticated, livable approach to luxury.

The residential lifestyle is anchored by Shell Bay Club, an exclusive enclave widely regarded as an athlete’s haven that has led the shift in the luxury market toward club-centric living. The club integrates professional-grade training, recovery and rehabilitation services along with an 18-hole championship golf course, a 12-acre practice facility with a nine-hole Par 3 course, and a Racquet Club featuring all four Grand Slam tennis surfaces, along with pickleball and padel courts. The community also includes a private 48-slip marina with direct access to the Intracoastal Waterway, a members’ clubhouse with an indoor-outdoor wellness spa, elevated event spaces, and multiple dining venues.

Additionally, residents will enjoy a dedicated collection of private building amenities, thoughtfully curated to complement the broader club offering. Highlights include a world-class culinary program, resort-style pools, a full-service medical day spa, and a comprehensive wellness and fitness experience designed to support everyday living at the highest level.

Sales and marketing for the project is handled exclusively by Douglas Elliman Development Marketing, with prices starting at $2 million.

Images via World Red Eye | Renderings via MARCH

PROFILE Development Directory Project and Developer Pages:

Past PROFILE Articles about The Residences at Shell Bay:

For more information about The Residences at Shell Bay or to inquire about purchasing a unit please fill out the form below:

Witkoff and Ocean Terrace Holdings Launch Sales For 'Ocean Terrace' in North Beach, Miami Beach

Witkoff Group, in partnership with Ocean Terrace Holdings, a partnership between Alex Blavatnik and Sandor Scher, has officially launched sales for Ocean Terrace, a highly anticipated oceanfront mixed-use development in North Beach, Miami Beach. With architecture by Revuelta Architecture International and interiors by RAMSA (Robert A.M. Stern Architects), Ocean Terrace offers carefully envisioned residences that embrace Miami Beach’s scenic beauty and sophisticated coastal lifestyle. Located directly on the ocean between 74th and 75th Streets with 350 feet of shoreline, the project includes a rare collection of 52 private condominium residences, and a separate tower featuring 24 resort residences all perched above curated retail spaces that enrich the local streetscape. The project also features a separate RAMSA designed historic hotel that has 42 luxury guestrooms.

“True to its name, Ocean Terrace is a development deeply connected to its surrounding ocean vistas,” said Alex Witkoff, Chief Executive Officer of Witkoff Group. “Framed by cinematic views of the water and park, the project features 350 feet of direct ocean frontage and uninterrupted views stretching a mile to the north — with amenities that float above the ground, overlooking the ocean.”

With a focus on craftsmanship and timeless design, Ocean Terrace is accentuated by signature touches from the esteemed RAMSA, also known for designing interiors for projects such as Shore Club Private Collection in Miami Beach, as well as 20 East End Avenue and 30 Park Place in New York. The residences include thoughtful finishes such as Parquet de Versailles white oak flooring, custom RAMSA-designed cabinetry, natural stone countertops and chef-caliber Gaggenau appliances, as well as unique features such as private elevators in each home. Ranging from one-bedroom-den configurations to expansive five-bedroom homes in the condo tower to fully furnished one-to four-bedroom residences and penthouses in the resort residences, the interiors combine elements of Miami Modern and Art Deco while taking inspiration from mid-century Brazilian modernism, known for its use of tropical woods, and French modernism. Each home will boast expansive private terraces and uninterrupted views of the Atlantic Ocean, lush parklands, and the Miami skyline—delivering a rare trifecta of ocean, park, and skyline views, a highly sought-after combination in South Florida.

"Our firm is known for designing buildings, but we were excited to focus our efforts at Ocean Terrace on the interior spaces,” said Paul Whalen, Partner at RAMSA. “We are creating our vision of an authentic Miami Beach life with references to the multiple modernisms that have together created the city we love."

Designed to perfectly balance discretion and connection are Ocean Terrace’s over 18,000 square feet of interior amenities. RAMSA envisioned a sculpted lobby with custom detailing, a state-of-the-art fitness center with ocean views, a curated library, and a tea room with wood-paneled walls, stone flooring, and custom antique-style millwork. Outdoors, approximately 50,000 square feet of amenity space includes a private residential porte-cochere and motor court, a resident-only sunrise lap pool, a sunset pool with cabanas and dining service, and a variety of open-air gathering spaces designed for both relaxation and social connection. Landscape design by ENEA further enhances the harmonious connection between the built environment and the native charm of North Beach.

"Ocean Terrace is a testament to our vision of enhancing North Beach with a blend of timeless architecture and modern living," said Alex Blavatnik, Co-Founder of Ocean Terrace Holdings. "From the curated amenities to the expansive oceanfront views, every detail has been thoughtfully considered to create an undisturbed residential experience that captures the essence of Miami Beach’s sophistication and natural beauty."

At the heart of Ocean Terrace lies a five-acre Raymond Jungles-designed park, a reimagined public space that blends nature, art and community. Inspired by iconic urban oases, the park features an art installation by acclaimed Parisian sculptor Prune Nourry. Now open, the park is the first part of Ocean Terrace to debut, leading a resurgence in the neighborhood and setting the tone for its transformation into a lively destination.

“With acres of beachfront, unobstructed ocean views, a world-class park, luxury retail and hospitality there is truly nothing comparable on Miami Beach," said Sandor Scher, Co-Founder of Ocean Terrace Holdings. “Our goal was to create an iconic residential development that is one-part private oasis and one-part impeccable placemaking. We set out to create a destination elevated to the highest standards while embracing its historic charm and sense of community.”

In addition to the retail, residential and hotel offerings, Ocean Terrace features an exclusive private Members Club, designed as a refined retreat for residents seeking a more intimate and personalized experience. With dedicated social, dining, and wellness spaces, the club provides a seamless extension of the Ocean Terrace atmosphere in a secluded and refined setting.

Sales for Ocean Terrace are now underway, with pricing starting at $6.3M and completion expected in 2029. Douglas Elliman Development Marketing is the exclusive sales and marketing team for the project.

Renderings via The Boundary

For more information about Ocean Terrace or to inquire about purchasing a unit please fill out the form below:

Vertical Construction Commences at Witkoff and PPG Development's The Residences at Shell Bay, One of Florida's Most Exclusive Club Destinations

Witkoff Group and PPG Development have announced that The Residences at Shell Bay, a new Auberge-branded condominium inside the private 150-acre, Mediterranean-inspired Miami enclave, has gone vertical, with the first few levels of the 20-story tower now complete. On track to open in 2027, the project is set to become South Florida’s most exclusive residential community, delivering a unique combination of club offerings, views and amenities. The Residences’ rapid construction progress signifies its strength in the marketplace as discerning luxury buyers increasingly prioritize momentum and also underscores the development team’s ambition.

“Shell Bay represents a generational opportunity—the first property of its kind,” said Alex Witkoff, CEO of Witkoff. “With our golf and racquet clubs already established among the world’s finest, we are proud to commence this next chapter of development as we go vertical on our residential tower and five-star Auberge resort.”

The Residences at Shell Bay is a 20-story tower by award-winning firm Kobi Karp, blending contemporary design with a timeless coastal sensibility. Its 108 private residences are framed by wraparound terraces and expansive glass, emphasizing light, views, and connection to the landscape. Interiors by AvroKO, the visionaries behind projects such as 1 Hotel Central Park, The Ritz-Carlton New York, NoMad, and The Londoner in Macau, feature bespoke detailing and a sophisticated material palette that elevate each home into a sanctuary of tranquility and refinement. G.T. McDonald Enterprises is serving as the general contractor for the project.

“Shell Bay is more than a collection of residences, it’s an entirely new standard for private club living in South Florida,” said Ari Pearl, Founder and CEO of PPG Development. “From the golf course to the marina to the bespoke amenities, every detail has been designed for a level of privacy and quality that simply doesn’t exist elsewhere in the market. We’re building something timeless.”

The project is seamlessly integrated into Shell Bay Club, an exclusive private members’ club already accessible to future residents. The club offers an unmatched lifestyle anchored by a championship 18-hole Greg Norman–designed golf course, a 12-acre practice facility, and a nine-hole Par 3 course.

Additional amenities include a Racquet Club with all four Grand Slam surfaces, as well as pickleball and padel courts, basketball courts, batting cages, and a children’s discovery playground. The property also features a 48-slip private marina with direct access to the Intracoastal Waterway, a private members’ clubhouse with an indoor-outdoor wellness spa, elevated event spaces, multiple dining venues, and more.

Shell Bay presents a rare opportunity to live within one of South Florida’s most exclusive communities, offering a range of one- to four-bedroom floor plans with sweeping views of the championship golf course and the Intracoastal Waterway. Designed with a refined approach to indoor-outdoor living, each residence features open-concept layouts that balance elegance with functionality. Residents will also enjoy access to a dedicated collection of private amenities within the building, thoughtfully curated to complement those of the Shell Bay Club and the future 60-key Auberge hotel and spa. Highlights include a world-class culinary program led by Michelin-starred Chef Julien Jouhannaud, offering in-residence dining and house sommelier services, as well as a resort-style pool, full-service medical day spa, and a fitness center with indoor and outdoor training areas for a personalized wellness experience.

The Residences at Shell Bay are slated for completion in 2027. Sales and marketing efforts for the project are handled exclusively by Douglas Elliman Development Marketing, with prices starting at $2 million.

Images via Aerial Photography, Inc. G.T. Construction & Development | Renderings via MARCH

For more information about The Residences at Shell Bay or to inquire about purchasing a unit please fill out the form below:

Witkoff and PPG Development Break Ground on Kobi Karp-Designed The Residences at Shell Bay

On the heels of securing a $273 million construction loan, Witkoff Group and PPG Development have officially broken ground on The Residences at Shell Bay, a new condominium set within a 150-acre Mediterranean-inspired enclave. Combining modern sophisticated living with the exceptional amenities of the Shell Bay Club, the new 108-residence tower offers a rarified opportunity to live at South Florida’s most celebrated private resort destination with service provided by the acclaimed five-star hospitality group, Auberge Resorts Collection. Construction is slated for completion in 2027.

“Breaking ground on Shell Bay is a monumental moment for us,” said Alex Witkoff, Co-Chief Executive Officer of Witkoff Group. “We are not just creating a place to live, but a legacy of luxury and privacy. This development sets a new standard for what it means to live in South Florida, combining world-class features and an unmatched lifestyle.”

Designed by renowned architect Kobi Karp with interiors by AvroKO, The Residences at Shell Bay is poised to deliver an exceptional residential experience prioritizing exclusivity and comfort. While construction is now underway, buyers at the project can already enjoy immediate and seamless access to South Florida’s first private golf club in 25 years. Currently open at Shell Bay Club is a championship golf course designed by World Golf Hall of Famer Greg Norman, a state-of-the-art 12-acre practice facility complemented by a nine-hole par-3 course, and a Racquet Club that features all four Grand Slam surfaces alongside pickleball and padel courts. Additional facilities such as basketball courts, batting cages, and a children’s discovery playground are also available.

“Shell Bay represents the pinnacle of private club living, offering unparalleled experiences in a serene and sophisticated environment,” said Ari Pearl, Founder and President of PPG Development. “With partners like Auberge, Kobi Karp, and AvroKO, we are creating residences with unprecedented views of the water and fairways and a design that is meant to transport owners to their dream oasis.”

Presenting a unique lifestyle in this highly sought-after destination, The Residences at Shell Bay offers diverse one- to four-bedroom floor plans overlooking the Championship Golf Course and the Intracoastal Waterway. At the heart of the residential design is a strong focus on indoor-outdoor living with open-concept layouts that emphasize elegance and functionality. The building will also have its own collection of private, resident-only amenities that perfectly complement the offerings available throughout the Shell Bay Club and the future 60-key Auberge hotel and spa. The collection features a world-class food and beverage program led by Michelin-starred Chef Julien Jouhannaud boasting in-residence dining and house sommelier services, along with a resort-style swimming pool, a full-service medical day spa, and a fitness center with both indoor and outdoor facilities designed for personal or small-group training to refine the wellness experience.

Completing the lifestyle at Shell Bay are additional concierge and housekeeping services, as well as future plans for the club. A 48-slip private marina directly accessible to the Intracoastal Waterway will open in 2027, while a private members’ clubhouse featuring an indoor-outdoor wellness spa, elevated event spaces, and various dining venues is also forthcoming.

Pricing at the Residences at Shell Bay starts at $2 million. Sales and marketing efforts for the project are handled exclusively by Douglas Elliman Development Marketing.

Renderings via MARCH

For more information about The Residences at Shell Bay or to inquire about purchasing a unit please fill out the form below:

The Belgrove Resort & Spa, Autograph Collection Opens In West Palm Beach

Access Real Estate and Witkoff have opened The Belgrove Resort & Spa, Autograph Collection in West Palm Beach as part of Marriott International. Opening on December 18, The Belgrove Resort & Spa is located along Lake Mangonia just 10 minutes from the heart of Palm Beach and is a one-of-a-kind modern oasis celebrating polished elegance and laid-back luxury, complemented by the rich culture of Palm Beach.

The Belgrove’s stunning property-wide transformation is expected to encompass 150 guest rooms as well as public spaces, including the arrival experience and lobby, food and beverage outlets, fitness and spa facilities, two pools and outdoor patio areas, and distinct meeting and function spaces. Anticipated by the end of 2025, 22 villas will be constructed to provide additional inventory and investment opportunities. The hotel’s sunny, sophisticated design will bring in a refreshing atmosphere of vibrant living and timeless charm, unlike anything in the area.

The newly enhanced resort will mark an impressive addition to the portfolios of each esteemed company, showcasing a significant investment in the market from businesses with highly successful track records within the industry. The Belgrove will join Autograph Collection Hotels’ international portfolio with over 320 independent properties in the most desirable locations across the world, each with its own unique perspective on heartfelt design and hospitality. The resort’s operator is Pyramid Global Hospitality.

“We are excited to announce the arrival of The Belgrove Resort & Spa, a highly anticipated resort property, years in the making,” said Jonah Sonnenborn, senior managing director and head of Access Real Estate. “The resort will offer families, friends, and groups a place to gather and share special milestones. We are honored to have incredible partners on this project and look forward to welcoming future guests and the local community.”

The Belgrove Resort & Spa’s elevated and thoughtfully-designed accommodations will feature spacious interiors with refined, laid-back island charm. Amenities include private balconies with expansive views of the natural splendor surrounding the resort. Suites and larger format rooms will boast ample space for relaxation, encouraging guests to take advantage of the private dining and butler services available. Pyramid Global Hospitality will oversee the property’s operations, bringing their key expertise to the hotel’s programming and function.

“Our mission is to cultivate an ambiance of British Caribbean hospitality throughout our rooms and suites,” states Kai Fischer, managing director of The Belgrove Resort & Spa. “Each room is meticulously designed to evoke a sense of refined tranquility, providing an escape from the demands of daily life.”

The Belgrove Resort & Spa will introduce five elevated dining options that will cater to a broad range of tastes and preferences. Stand-out concepts include Society 48, which will be an upscale American brasserie featuring a menu of globally inspired dishes from land and sea. Deep End, inspired by the 1950’s in West Palm Beach, will have a full-service pool bar and kitchen featuring refined approaches to poolside fare, as well as a beautiful garden space, Bacaro, which will host daily teatimes, happy hours, and social gatherings.

Under the canopies of South Florida’s iconic palm trees, the hotel will feature a tranquil poolside experience, offering both a family-friendly pool and an adults-only pool. The pool deck will offer 16 poolside cabanas with butler service and a variety of engaging programming ranging from morning yoga to evening happy hour specials, and more.

Nestled within the opulent confines of The Belgrove Resort & Spa,  Dutchman’s Pipe Golf Club is a haven of exclusivity and sophistication. This  private, members-only sanctuary  features a  Jack Nicklaus Signature-designed  7,300-yard course, where every hole is artfully framed by lush native vegetation and shimmering water features. Crafted for the discerning golfer, the course invites strategic play and imaginative shot-making, offering an unrivaled experience of sporting elegance.

Invited guests of Dutchman’s Pipe Golf Club will enjoy access to this celebrated course. Here, each round is more than a game; it is an immersive journey in luxury, combining world-class design with the nuances of golf mastery. To secure this exclusive experience, reservations must be arranged through the concierge a minimum of 48-hours in advance.

 Guests of The Belgrove Resort & Spa can also indulge in the  state-of-the-art racquet center, featuring four Har-Tru tennis courts, two pickleball courts, and two Padel courts. Whether seeking a competitive match or personalized lessons, the center offers an elite environment for racquet enthusiasts. Complementing this experience is a curated pro shop, where only the finest equipment and apparel await, ensuring guests are impeccably equipped to elevate their game. Experience the pinnacle of luxury, where every detail has been designed to delight and inspire.

With holistic practices at the center of The Belgrove Resort & Spa’s wellness ethos, the hotel will provide an array of curated offerings intended to support health, wellbeing, and restoration, including The Belgrove Spa that will feature luxurious treatment rooms and suites. Men’s and women’s lounges include thoughtfully-designed relaxation spaces, private locker rooms, showers, and steam rooms, while complimentary wet areas include cold plunges and saunas for guests to further their wellness practice before or after treatments.

The resort’s fitness center will offer expert-guided classes and programming as well as a variety of cardio machines, heavy lifting machines, weight racks, and strengthening tools, in addition to complimentary yoga mats, cool towels, and more. Just steps away, four tennis courts, two pickleball courts, and one padel court will be available for leisure, lessons, and group tournaments.

The Belgrove Resort & Spa’s meeting and event venues introduce a stunning, new collection of meticulously-designed spaces for any occasion. At over 21,000 total square feet of indoor and outdoor event space, inclusive of nine meeting rooms and two ballrooms, The Belgrove Resort & Spa offers professional-yet-polished venues for team gatherings, conferences, corporate retreats, weddings, celebrations, and social gatherings. Juxtaposed to typical event spaces, all venues within The Belgrove will have natural light and access to outdoor spaces.

The Belgrove Resort & Spa, West Palm Beach, Autograph Collection will participate in Marriott Bonvoy – the award-winning travel program from Marriott International – allowing members to earn and redeem points for their stay and at other hotels and resorts across Marriott Bonvoy’s extraordinary portfolio of brands. With the Marriott Bonvoy app, members enjoy a level of personalization and a contactless experience that allows them to travel with peace of mind.

Witkoff Group and PPG Development Lock Down $273 Million Construction Loan For Shell Bay

Witkoff Group and PPG Development have closed on $273 million in construction financing for Shell Bay, a private 150-acre, Mediterranean inspired Miami enclave featuring forthcoming Auberge-branded residences and a hotel, as well as the region’s first private golf club in decades. The financing was provided by J.P. Morgan and BDT & MSD Partners, two premier financial institutions who both have longstanding relationships with the project’s developers. Faisal Ashraf of Lotus Capital Partners represented the sponsors on the transaction.

“We’re proud to work with two of the leading real estate lenders in the United States that believe in our vision,” said Alex Witkoff, Co-Chief Executive Officer of Witkoff Group. “With 150 acres of land, Shell Bay represents a last-of-its-kind opportunity for waterfront new development of this scale in South Florida. The residences will be the most extraordinary and amenitized in the area.”

Pearl and Michael Herman’s Premium Capital purchased the property in 2018 and partnered with visionary developers Steven and Alex Witkoff to build Shell Bay Club and the Auberge Hotel and Branded Residences.

“The lifestyle we’re developing at Shell Bay is second to none,” said Ari Pearl, Founder and President of PPG Development. “Achieving this important milestone is a marker of Shell Bays success, and we value the trust our lenders have in us.”

The closing of the loan comes just before the groundbreaking of The Residences at Shell Bay, a 20-story condo tower serviced by Auberge. Featuring architecture by Kobi Karp and interiors by AvroKO, The Residences at Shell Bay is imagined as an oasis for those who live exceptionally. While the 108- residence tower is expected to open in 2027, residents already have immediate access to the amenities within Shell Bay’s idyllic private club setting. The opportunity to enjoy exclusive sporting and leisure experiences in advance of a building’s completion is a rare and hugely appealing draw for clientele in today’s new development market.

Currently open at Shell Bay and available to future residents is a private championship golf course designed by World Golf Hall of Famer Greg Norman, a 12-acre practice facility, nine-hole Par 3 course, a Racquet Club featuring all four Grand Slam surfaces, pickleball and padel courts, basketball courts, batting cages and a children's discovery playground. The destination will also boast a 48-slip private marina for direct water access to the Intracoastal, a private members’ clubhouse with an indoor/outdoor wellness spa, elevated event spaces, an array of dining venues and more. Plans for the boutique 60- key Auberge hotel and spa that will house many of these exclusive experiences are underway.

The Residences at Shell Bay provides a rare ownership opportunity to buyers seeking an elite lifestyle within this coveted destination. Central to the concept is the thoughtful interior design by AvroKO. Open-concept layouts offer panoramic views of the golf course, fairways and Intracoastal Waterway, while the custom kitchens bring high-performance, chef-caliber Gaggenau appliances together with exquisite craftsmanship. This includes finishes like custom white oak cabinetry, honed marble countertops and burnished brass hardware. The residences blur the line between indoor and outdoor living and deliver a true sanctuary for tranquility and refinement.

Further providing an unmatched lifestyle is a private collection of ultra-luxury, resident-only amenities that complement the offerings available throughout the Shell Bay Club and future Auberge hotel. A world-class food and beverage program led by Michelin-starred Chef Julien Jouhannaud offers residents private dining, and a resort-style swimming pool, full-service medical day spa, as well as a fitness center with indoor and outdoor facilities prime for personal or small-group training refine the wellness component. Children’s amenities keep kids of all ages happy and engaged, from a children’s play lab and creation studio to a gaming lounge, screening room with candy bar and a game room with bowling alley.

For more information about Shell Bay or to inquire about purchasing a unit please fill out the form below:

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.

The Shell Bay Club Reveals First Look At Private Yacht Club

Shell Bay, an exclusive 150-acre golf destination in South Florida first catapulted onto the world stage with its eye-popping $1 million+ club membership invitation fee, has revealed The Shell Bay Yacht Club, a private 48-slip marina, featuring two 55-foot houseboats available for charters. Located on the Intracoastal Waterway, the new yacht club caters to those seeking maritime experiences in Miami without having to become a boat owner, as well as those with private vessels who have been plagued by the well-documented docking shortage sweeping the region. Shell Bay was developed by The Witkoff Group and PPG Development in partnership with Auberge Resorts Collection.

The Shell Bay Yacht Club will offer a rare luxe nautical lifestyle for people to pursue life on the water to the fullest, with everything from a dedicated dock master and concierge services to specially curated waterfront experiences like deep-sea fishing and catamaran snorkel tours. Aside from boating, residents will also have access to paddleboards, jet skis and kayaks.

Fishing is expected to be a highly sought-after experience at The Shell Bay Yacht Club given the diversity of marine species in the Atlantic Ocean and Intracoastal Waterway. Residents and members can cast a line for prized saltwater game fish as well as great tasting local fish like wahoo and tuna. Those whose efforts prove lucky with a fresh catch will be able to tap Shell Bay’s Chef to prepare the fish into a beautiful seafood dinner. The service will be customizable to residents’ culinary preferences.

In addition to The Shell Bay Yacht Club, the property is home to an 18-hole, Greg Norman-designed Championship course, which is one of the longest in South Florida and is the first new private golf course in South Florida in over 25 years. It features a two-acre practice facility including a nine-hole par three course. The gated community also offers a Racquet Club including tennis courts with all four Grand Slam surfaces, as well as pickleball and padel courts. Basketball courts, batting cages and a children's discovery playground are also onsite.

Esteemed hospitality brand Auberge Resorts Collection will open a hotel at Shell Bay with its own suite of five-star amenities and services such as resort-style swimming pools and a state-of-the-art fitness center with small-group sessions such as yoga, Pilates, and boxing.

Auberge will also service The Residences at Shell Bay, a luxury condominium tower offering 108 bespoke private residences. Residences will range from one- to four-bedrooms, beginning at $2 million. Sales and marketing are exclusively handled by Douglas Elliman Development Marketing.

Providing an unmatched lifestyle, residents will enjoy the Shell Bay Yacht Club, as well as their own private collection of ultra-luxury amenities. This includes a world-class food and beverage program led by Michelin-starred Chef Julien Jouhannaud, a full-service medical day spa, as well as a fitness center with indoor and outdoor facilities prime for personal or small-group training. Children’s amenities will keep kids of all ages happy and engaged, from a children’s play lab and creation studio to a gaming lounge, screening room with candy bar and a game room with bowling alley.

The Residences at Shell Bay is slated for completion in 2026.