Page 18 - The Islander - March '24
P. 18

Page 18, The Islander



                                                              in YoUr CommUnitY




                                     Catalfumo Companies Announces


           Initial Concrete Pour Of The Ritz-Carlton Residences



                                     The Event Celebrates The Completion Of Sitework And

                                             The Commencement Of Vertical Construction


        The renowned developer, Catalfumo Companies, is pleased
      to announce the ceremonial initial concrete pour for The Ritz-
      Carlton Residences, Palm Beach Gardens. This announcement
      follows the completion of the marina for the project ahead
      of schedule, as well as the completion of site work, which
      took place over the last year. This included moving 38,000
      cubic yards of soil onsite, installing 207 pairs of sheet piles,
      compacting soil through vibroflotation, and Catalfumo
      Companies securing a record-breaking $340 million loan to
      finance the construction of the development.
        With this significant backing and completion of construction
      milestones, Catalfumo Companies is poised to bring their
      vision to life, delivering a property that sets a higher bar   William Caldwell, Gio Catalfumo, and   Bert Premuroso, Mayor Chelsea Reed,   Jay Parker, Dan Catalfumo, and Joey
      for appointed coastal living in Palm Beach Gardens. With   Keith Spina              and Marcie Tinsley               Eichner
      completion scheduled for early 2026 and over 30 percent of
      residences sold, anticipation is high among discerning buyers.   is proud to be a part of Palm Beach Gardens’ evolution and
        Daniel Catalfumo, the founder of Catalfumo Companies,   remains committed to bringing elevated results to the area.”
      expressed his enthusiasm about the project’s success stating,     Located along the Intracoastal Waterway on PGA Boulevard
      “The Ritz-Carlton Residences, Palm Beach Gardens has   in Palm Beach Gardens, the estate collection showcases an array
      attracted buyers from the surrounding private communities   of impeccably designed residences across three magnificent
      and large estate single-family                     structures, spanning over a sprawling 14-acre site with 1,040 feet
      homes, who are looking                             of Intracoastal Waterway frontage. The Ritz-Carlton Residences,
      for the perfect size for their                     Palm Beach Gardens, comprises 106 estate residences priced
      future. The Residences are                         between $4.5 million and $8-plus million. Douglas Elliman
      designed for those accustomed                      Development Marketing exclusively handles sales for these
      to expansive homes and who                         exceptional homes, with sales going directly into contract.
      value the legendary service                          “The property’s elevated design and prime location make
      of The Ritz-Carlton brand.                         it an in-demand destination for both local and international   Rob Holden, George Gentile, and Joe Gome
      With the initial concrete                          residents seeking a secluded oasis,” said Jay Phillip Parker,
      pour ceremony marking a                            CEO of Douglas Elliman Florida and President of Douglas
      significant milestone, we                          Elliman Development Marketing, Florida. “Recent sales have
      are thrilled to announce that                      been brisk, with numerous residences being purchased in just a
      construction is now moving                         few months. Buyers are enthusiastic about the development’s
      forward at an impressive                           extensive range of amenities, personalized services, expansive
      pace. Catalfumo Companies  Susan and Dan Catalfumo  layouts, and the excellent value it offers in a thriving Palm
                                                         Beach Gardens market. This latest stage in construction reflects
                                                         the developer’s unwavering commitment to the project and the
                                                         surrounding community’s progress.”
                                                           Positioned as the pinnacle of curated lifestyle-driven living
                                                         in South Florida, The Residences promise to be the exclusive
                                                         residential address for discerning buyers seeking an exceptional
                                                         Palm Beach Gardens experience. Whether relocating to South   Dave Shalkop, Julie Nelson, Caprice Weber, and Jaime Drysda
                                                         Florida or optimizing their current lifestyle, buyers are drawn to
                                                         the city for its breathtaking waterfront views, abundant green
                                                         spaces, and high quality of life. The area offers an optimal
                                                         culinary and retail experience and a wellness-focused lifestyle. In
                                                         response to this demand, The Residences have been thoughtfully
                                                         designed to offer premier waterfront estates with extensive
      Gio Catalfumo and Bryanna   Gio Catalfumo and Dan  opportunities for entertainment and leisure. This development
      McFarland                Catalfumo                 will provide full-service, resort-style living to owners, complete
                                                         with a wide array of specialized services and amenities.
                                                           With its elegant design and fine architectural finishes, The
                                                         Residences feature a host of carefully selected appointments.
                                                         Private elevator entries with controlled access, professional-grade
                                                         Wolf and Sub-Zero kitchen appliances, floor-to-ceiling, triple
                                                         panel, impact-resistant glass doors and windows, double walk-  Marcie Tinsley, Mayor Chelsea Reed, Joey Eichner, and
                                                         in closets, freestanding soaking tubs, glass-enclosed showers,   Bert Premuroso
                                                         European double vanities, dens, wet bars, and endless intracoastal
                                                         views are just a few of the remarkable features. Additionally, the   three-, four-, and five-bedroom layouts that frame panoramic
                                                         property boasts a 29-slip private marina, offering 1,040 feet of   intracoastal views from expansive terraces. Sliding floor-to-
                                                         waterfront and accommodating vessels up to 75 feet in length,   ceiling glass windows seamlessly merge indoor and outdoor
                                                         with select slips equipped with electric boat lifts.   living spaces, showcasing impeccably curated interiors
                                                           The development is also expected to include a multilevel   that reflect uncompromising quality, exquisite finishes,
      Joe Sacco and Jay Parker  Lauren and Dave Shalkop  waterfront clubhouse with an event kitchen, lounge seating,   and meticulous attention to detail. The award-winning firm
                                                         game areas, private dining room, business center and a coffee   Susurrus led the design of the hospitality amenity areas, while
                                                         bar. Outdoor enthusiasts can enjoy a pickleball court and a   The Decorators Unlimited was responsible for the residential
                                                         putting mezzanine, while the resort-style pool deck beckons   interiors, ensuring a truly remarkable and thoughtfully
                                                         with its 100-foot infinity-edge pool, full-service cabanas, and   planned living experience.
                                                         breathtaking waterfront vistas. Residents will have access to     For more information and to book a private presentation,
                                                         an owner’s spa, complete with private treatment rooms, steam   please visit TheResidencesPalmBeachGardens.com or call
                                                         rooms, showers, and sauna rooms, as well as a state-of-the-art   (561) 295-7382.
                                                         fitness center with weight training and cardio equipment and a     The  Ritz-Carlton  Residences,  Palm  Beach  Gardens
                                                         dedicated yoga studio.                            are not owned, developed or sold by Marriott
                                                           Complementing the abundant amenities, an on-site concierge   International, Inc. or its affiliates (“Ritz-Carlton”). DMBH
                                                         and dedicated residential team will cater to the needs of all   RESIDENTIAL INVESTMENT, LLC uses The Ritz-
                                                         residents, assisting with personal coordination such as restaurant   Carlton marks under a license from Ritz-Carlton, which
                                                         reservations, pool and cabana services, pet care, and more.   has not confirmed the accuracy of any of the statements
                                                           The Residences, designed by the renowned architecture   or representations made herein.
      William Caldwell, Dan Catalfumo, Keith Spina, and Joe Gomes  firm Spina O’Rourke + Partners, boast impressively spacious   Photos by Capehart Photography
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