Posted Mar 14, 2022, 2:01 AM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 46,486
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Fortune International Group And Château Group Announce The St. Regis Residences In Sunny Isles Beach
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Fortune International Group and Château Group have officially announced the highly-anticipated St. Regis Residences in Sunny Isles Beach, an oceanfront ultra-luxury residential development comprised of two standalone 62-story towers planned to rise at 18801 Collins Avenue. Designed by global architecture firm Arquitectonica with interiors by São Paulo-based Anastassiadis and landscaping by EDSA, the development will be situated on 435 linear feet of waterfront property with panoramic views of both the Atlantic Ocean and Intracoastal Waterway. The South Tower will be the first to enter the market with 194 residences ranging from two-to-four bedrooms and including penthouses. With development sales that have consistently outpaced the rest of the area’s ultra-luxury condominium market, the project is yet another success story from the renowned partnership of Fortune International Group and Château Group.
“With our extensive experience in the luxury residential condo market in South Florida, we continue to deliver distinguished personalized service and next-level amenities packages to our discerning buyers who crave the lifestyle that can be provided by a recognized, trusted global brand,” said Manuel Grosskopf, CEO of Château Group. “Without a doubt, The St. Regis Residences, Sunny Isles Beach, Miami embody these coveted touchpoints and we look forward to releasing more details of the project as we come to market.”
With the announcement of The Residences, the collaboration between Château Group and Fortune International Group – two seasoned developers with a robust track record of success in delivering high-quality craftsmanship and iconic, sophisticated designs – continues to create special and remarkable living spaces filled with refined and modern elegance. Between the developers, they have completed six projects in the Sunny Isles Beach area.
Last November, applications were filed with the FAA for building permits to construct two structures of 739-feet and 742-feet, or 750-feet above sea level, in Sunny Isles Beach. The coordinates listed in the filings match perfectly with 18801 Collins Avenue, where the St. Regis Residences are proposed to rise. The property spans approximately 4.71-acres, or 205,424 square feet and is owned by La Playa Beach Associates LLC, an entity formed in 2014 as a joint venture between Chateau Group and Miami-based Fortune International Group to redevelop the property into massive residential project. The applications remain under review, and the developers have yet to announce or confirm any of these details.
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