Miami Condo Investments

<h3>Fortune International Group And Château Group Break Ground On The St. Regis Residences, Sunny Isles Beach</h3>

Fortune International Group and Château Group have broken ground on The St. Regis Residences, Sunny Isles Beach, which will be the tallest residential towers along the ocean in Sunny Isles Beach at 750 feet, positioned along 435 linear feet of pristine beach. Designed by the visionary architecture firm Arquitectonica, the residences boast interiors envisioned by acclaimed São Paulo-based designer Patricia Anastassiadis of Anastassiadis Arquitetos and landscape design by EDSA, offering the unique opportunity for an elevated lifestyle in one of South Florida’s most sought-after destinations. Coastal Construction will lead the construction of the project. The eagerly September 4, 2023 anticipated South Tower, the first to be completed, will showcase a collection of 175 luxurious residences.

The development team commemorated the official groundbreaking at 18801 Collins Avenue with a momentous celebration held at their oceanfront sales gallery, the future site of The Residences. The event was attended by distinguished guests and notable government officials, including the City of Sunny Isles Beach Mayor, city officials, and the visionary leaders behind the project, Edgardo Defortuna, President and CEO of Fortune International Group, and Manuel Grosskopf, CEO of Château Group.

“We are thrilled to reach this exciting next step as we break ground on The St. Regis Residences, Sunny Isles Beach, Miami. This momentous occasion marks the beginning of an unparalleled lifestyle we will deliver to our future residents,” said Manuel Grosskopf, CEO of Château Group. “The exceptional combination of visionary architecture, inspired interiors, and breathtaking oceanfront views will undoubtedly create a truly remarkable living experience that reflects the luxury and sophistication only found in Sunny Isles Beach.”

“We are tremendously excited for this next step for The St. Regis Residences, Sunny Isles Beach, the exceptional sales success truly speaks to how deeply the project has resonated with sophisticated buyers, reaffirming the timeless appeal of this extraordinary development,” said Edgardo Defortuna, President and CEO of Fortune International Group. “The overwhelming response from clients underscores the demand for the distinctive experience The Residences will offer, solidifying its position as the ultimate destination for coastal living.”

The groundbreaking of The St. Regis Residences, Sunny Isles Beach, follows unprecedented sales success for the project, which has secured over $110 million in sales this summer, contributing to the astounding total of $850 million in sales to date. The demand for these iconic residences demonstrated the appeal of the development’s extensive amenity offerings, superior architecture, and desirable location, a testament to the collaborative vision of Fortune International Group and Château Group. The St. Regis Residences promises to redefine the pinnacle of oceanfront living, setting new standards along Miami’s coveted shoreline.