Just one week before breaking ground on its second 112-residence tower, The Ritz-Carlton Residences, Estero Bay surpassed $650 million in total sales—a clear signal of Southwest Florida’s demand for luxury branded waterfront living.
Developed by London Bay Development Group, this momentum mirrors the first tower’s remarkable success, nearing sell-out with less than ten residences remaining. Since breaking ground in July of 2023, the tower has swiftly taken shape, recently celebrating its topping-out milestone in February. The second tower, now over 25% sold and officially underway, will soon bring this dual-tower architectural masterpiece to life.
Set along the preserved shores of Estero Bay, the property is nestled within the 500-acre coastal village of Saltleaf. Designed as a sanctuary away from the crowds yet within effortless reach of the region’s finest dining, shopping, and recreation, The Ritz-Carlton Residences, Estero Bay presents a rare fusion of exclusivity and convenience.
“It feels like just yesterday we unveiled this ambitious project, and since then, an incredible journey has unfolded,” said Mark Wilson, CEO and President of London Bay Development Group. “From opening our Sales Gallery in 2023 to breaking ground six months later in July, witnessing the first tower top out, and now seeing rising demand for the final opportunities in the second—the ongoing success is a true testament to the market’s enthusiasm for these one-of-a-kind branded residences.”…