A Healthy Pipeline

The Ronto Group expects the projects it has underway or in the planning stages will keep the Naples-based development firm busy possibly through 2028.

By Kevin McQuaid
| 12:00 a.m. April 8, 2021
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COURTESY RENDERING â€” Among Ronto Group's many planned projects is the 22-story Altura Bayshore condo tower, in South Tampa.

Commercial Real Estate

Even as it juggles a handful of upscale residential projects stretching from Tampa to Naples, developer Ronto Group is already preparing for what could be its most luxurious offering to date: A five-star, hotel-branded condominium in Sarasota on Lido Beach.

Plans for the 70-unit residential project gelled earlier this year when the Naples-based company acquired the Gulf Beach Resort Motel, a 49-unit condominium property constructed in 1955, for $8.4 million, according to Sarasota County property records.