London Bay Development Group, a prominent developer in Southwest Florida, has recently commenced the construction of The Ritz-Carlton Residences, Estero Bay, a prestigious residential project. The development consists of two 22-story towers with a total of 224 residences, known as Saltleaf on Estero Bay.
The groundbreaking ceremony took place on July 14 at the project's 5,000-square-foot sales gallery located at 5000 Coconut Road in Bonita Springs. The event was attended by London Bay representatives, city officials, development partners, and friends, including Bonita Springs Mayor Rick Steinmeyer, City Council members Laura Carr and Jamie Bogacz, as well as Lee County Commissioners Cecil Pendergrass and Ray Sandelli.
Stephen Wilson, Executive Vice President & CFO of London Bay Development Group, expressed immense pride in the project's groundbreaking. He highlighted the success of the project so far, with nearly 60 percent of the residences already sold, resulting in total sales nearing $280 million. The high demand for The Ritz-Carlton Residences, Estero Bay, is attributed to its exceptional offerings and the unique opportunity for residents to live amidst the natural beauty of Estero Bay.
The residences at The Ritz-Carlton Residences, Estero Bay, vary in size, ranging from 2,628 to 3,885 square feet, offering two, three, and four bedrooms, each with a den, with prices starting from $3 million. Residents will enjoy dedicated private elevator entry, unobstructed sunset views of the bay from every residence, and spacious balconies up to 2,200 square feet. The property's interiors and shared spaces are designed by Meyer Davis, an award-winning New York design studio.
The development is strategically located adjacent to Estero Bay, Florida's oldest aquatic preserve, providing residents with a serene and nature-filled environment. The buildings, designed by Arquitectonica, feature cascading façades that harmoniously blend with the surrounding topography, capturing natural light throughout the day.
As part of The Ritz-Carlton brand, the residences will offer legendary service and personalized experiences through the concierge team at The Experience Studio. The extensive amenities program spans across 36,000 square feet and includes a Wellness Center, fitness facilities, a yoga and Pilates studio, private training rooms, and locker rooms with steam and sauna. The communal area will feature a Sunset Lounge, private dining room, Sports & News Café, Wine & Whiskey Room, card room, and a demonstration and catering kitchen.
Outside, the property boasts enchanting gardens designed by landscape architect EDSA, providing residents with a tranquil outdoor oasis. Three pools, expansive open spaces, floating-like pavilions around a lagoon water feature, multiple fire pits, and barbecue stations encourage group gatherings and engaging activities.
The Ritz-Carlton Residences, Estero Bay, are located in the newly developed coastal village of Saltleaf on Estero Bay, forming part of a master-planned community that connects residents to over 500 acres of pristine nature preserve. Additionally, residents will have easy access to the 72-slip Saltleaf Marina and the Saltleaf Golf Preserve, which is undergoing extensive renovations to include a new nine-hole short course.
The location offers the convenience of being just minutes away from the charming town of Bonita Springs, with its variety of dining establishments, boutiques, and art galleries. The renowned Barefoot Beach, ranked among the top 10 beaches in the U.S., is also within close reach. Furthermore, Southwest Florida International Airport is only a short 20-minute drive away, ensuring effortless travel for residents.
