Introducing Rosewood Residences Lido Key
“This project is an important milestone for Rosewood Hotels & Resorts, a brand that has redefined the concept of ‘residential hospitality’ since its inception over 40 years ago with the transformation of a mansion into Dallas into an ultra-luxurious hotel and restaurant, “said Brad Berry, Vice President Global Residential Development at the Rosewood Hotel Group. “We have carefully considered how we can best build on the growth of our residential segment with our first standalone Rosewood Residences and we are delighted to have this opportunity to do so in partnership with The Ronto Group and Wheelock Street Capital. Lifestyle preferences continue to shift thereby creating increased demand for the experience that Rosewood Residences offers. We pride ourselves on bringing this offering to market and being part of both Florida and the continued growth and development of the luxury real estate industry. ”
The benefits and rise of branded residences
Rosewood Residences is a distinctive collection of residential villas, estates and fine apartments available for sale or rent in the world’s most dynamic cities, exotic locations and emerging destinations. The residences for sale are designed for both short and long term stays and range from unique detached villas to rentable serviced apartments. Rosewood Residences combines exclusive and cutting-edge amenities and facilities with upscale and intuitive service, as well as the highest levels of discretion, privacy and comfort to provide a seamless and comprehensive experience, catering to the sophisticated tastes of wealthy explorers. The segment has proven extremely successful for Rosewood Hotels & Resorts, which currently has a real estate pipeline in which around 50% of all projects include a residential component. The development of Lido Key represents the next phase in the global expansion and development of Rosewood Residences. Each ultra-luxurious residence expresses the values of Rosewood Hotels & Resorts through the intricate details of craftsmanship, architecture, urban planning, and interior and industrial design To create functional and enriching environments.
A new benchmark for luxury in Lido Key
Rosewood Residences Lido Key will occupy 3.5 acres of beachfront property designed by Miami-based Swedroe Architecture, with interiors led by new York-based Lillian Wu Studio. Combine the exquisite Gulf of Mexico Prospects with unmatched amenities and services, each of the property’s 65 residences is designed in accordance with Rosewood’s guiding philosophy, A Sense of Place®, with the sensibility of the place inspiring the distinctive style and programming at each respective Rosewood destination.
The residences will average around 4,200 square meters and feature state-of-the-art finishes and functions. On-site amenities include a private restaurant and cookery service for dining and catering in the residence, a world-class fitness center with options for private workouts and yoga sessions, outdoor pools, massage rooms, private guest suites with housekeeping, a lounge with library and game room, and a 24 hour concierge, all managed by Rosewood. The price has not yet been announced.
“This is sure to be a legacy project for Ronto Group,” said Anthony Solomon, Owner of the Ronto Group. “We are honored to be the first stand-alone Rosewood Residences after The United States and welcome the unparalleled service and design from Rosewood Florida. “Hunter Jones of Wheelock Street Capital added,” Rosewood Residences Lido Key will be an iconic addition to the city Sarasota, and we look forward to watching its progress. ”
A demanding destination for long stays
In the past few years, Florida has seen an increasing demand for seasonal and permanent residences as secondary cities are proven to provide smart solutions to the changing lifestyle priorities and habits of today’s consumers. Off the coast of Sarasota, Lido Key is no exception. Perfect for nature lovers, beach goers, anglers and boaters, the destination offers a quiet and relaxing way to live, free from the large crowds that other coastal areas can attract. The island’s quaint section of town is full of chic boutiques, fine dining, and casual eateries while it’s nearby Sarasota – recently named one of the Top Ten Places to Live in the US by US News & World Report – is known for its vibrant arts scene, beach vibe, and burgeoning food culture. Once considered a playground for retirees, the city has turned into one of Florida The most dynamic travel destinations powered by the area’s art, including the Ringling Museum and Van Weizel Hall for the Performing Arts, as well as the arrival of families and young professionals. Perfect for year-round or a seasonal getaway, Rosewood Residences Lido Key adds an element of laid-back luxury to the accommodations available in the area.
Rosewood Residences Lido Key are only available for purchase, not rental. More information is available at www.residenceslidokey.com.
About Rosewood Residences
Rosewood Residences offers a unique opportunity to own or rent villas, estates and fine apartments in the most sought-after destinations operated by Rosewood Hotels & Resorts, an ultra-luxury hotel management company that operates an exceptional and growing collection of unique properties worldwide. Rosewood Residences caters to the sophisticated tastes of global citizens who yearn for an authentic lifestyle with modern luxury. By combining exclusive and state-of-the-art amenities and facilities with upscale and intuitive service as well as maximum discretion, privacy and privileges, the extraordinary accommodations offer a seamless living experience for owners and guests.
More information: https://www.rosewoodhotels.com/en/residences
About Rosewood Hotels & Resorts
Rosewood Hotels & Resorts® manages 26 unique luxury hotels, resorts and residences in 15 countries, with 26 new properties under development. Each Rosewood hotel embraces the brand’s A Sense of Place® philosophy to reflect the history, culture and sensibility of each location. The Rosewood collection includes some of the most iconic hotels and resorts in the world, including The Carlyle, A Rosewood Hotel in new York, Rosewood Mansion on Turtle Creek in Dallas and Hôtel de Crillon, A Rosewood Hotel in Paris, as well as new classics like Rosewood Hong Kong. For those looking to stay a little longer, Rosewood Residences offer a unique opportunity to own or rent exceptional destinations within the brand’s broad portfolio.
More information: rosewoodhotels.com
Connect with us: Facebook Twitter Instagram WeChat @RosewoodHotels
About the Ronto Group
Since 1967, The Ronto Group has perfected its real estate development skills by creating residential and commercial projects around the world. For over thirty years, Ronto has been developing in the Southwest Florida Market and create communities that celebrate the area’s compelling attraction of Marco Island and Naples to Sarasota and Tampa. The company has built a reputation for resourceful vision, unwavering integrity, and dependable performance. Headquarters in Naples, Ronto’s expertise in condominium and land development has been recognized internationally for communities that are enduring examples of luxurious lifestyle, thoughtful planning, and dedicated craftsmanship. The company has also received numerous awards from the southwest Florida Home building industry for superior design and craftsmanship. The competence and attention to detail of the Ronto Group is evident in each of their projects. Visit www.Ronto.com
About Wheelock Street Capital
Wheelock Street Capital (https://wheelockst.com/) was founded in 2008 by. founded Rick Kleeman and Jonathan Paul, two experienced private equity investors in the real estate sector, each with over 30 years of extensive experience in real estate transactions in all major asset classes. Wheelock has lifted $ 4 billion in the case of capital commitments by well-known institutional investors and focuses consistently on real estate investment opportunities The United States, in both public and private markets. Wheelock currently has its sixth fund in its value-added range, the Wheelock Street Real Estate Fund VI, and its first perpetual life fund, the Wheelock Street Long Term Value Fund. The Long Term Value Fund targets high quality cash flow investments with stable but attractive risk-adjusted returns over an investment horizon of 5 to 15 years. The company may invest directly or with high quality joint venture partners through a variety of capital structures and transaction types including acquisitions, reorganizations and recapitalizations. Wheelocks The investment team benefits from the extensive experience of top institutional investment firms and respected real estate companies and has a 10 year track record of proven and consistent outperformance against industry benchmarks.
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