Ritz-Carlton Residences, Sunny Isles Beach secured its temporary certificate of occupancy and can now start closings at the 52-story luxury oceanfront condo development. Developed by Fortune International Group and Château Group, the 212-unit tower at 15701 Collins Avenue is nearly sold out and has recorded more than $150 million in preconstruction sales over the past year, according to a release. It broke ground in 2016.
Marking the culmination of one of the most exciting weeks of the year in Miami, dozens of art world influentials, local luminaries and friends joined leaders with Fortune International Group, Château Group and internationally renowned artist Pablo Atchugarry for the unveiling of “Dreaming the Future,” Atchugarry’s latest sculpture. The stunning piece, intricately carved from Carrara marble and stretching 11.5’ in height, was commissioned by joint developers Fortune International Group and Château Group for The Ritz-Carlton Residences, Sunny Isles Beach. Revealed during an exclusive on-site ceremony during Miami Art Week, “Dreaming the Future” is now seated at the base of the tower’s entrance, serving as an enduring landmark for the both the condominium and the surrounding community.
To best view The Ritz-Carlton Residences Sunny Isles Beach Miami, with prices ranging from $2.6 million to $40 million the Chateau Group and Fortune International (the project’s development team) set sail at sunset with brokers and prospective buyers on a 55-foot yacht to view the building from the water. “We cater the event and usually invite 10-12 top producer brokers we’ve been working with to enjoy champagne and wonderful food. In the winter, we sail from 4pm to 7pm to see the building from the ocean side. The sunset truly showcases the building,” Isabella Holguin, director of sales for the The Ritz-Carlton Residences, Sunny Isles Beach explains.
Most multimillion-dollar condos look enchanting from the outside, but unless they come with someone to cook dinner, babysit, reserve flights, supply poolside coladas and charter a yacht, they might not be so special after all at least when it comes to Miami these days. Fortune International Group President and CEO Edgardo Defortuna says that "worry-free lifestyle" was difficult to find in Miami, so he wisely engaged The Ritz-Carlton, one of the world's most renowned hospitality brands, to manage his latest project: a 52-story condominium tower in Sunny Isles Beach built in partnership with Chateau Group. After three years of construction, The Ritz-Carlton Residences, Sunny Isles is scheduled to open by the end of 2019. "We're making sure everything is delivered the way our customers expect." says Defortuna. "The reality will be as good as their dream."