Estero Ritz hits sales record

The Ritz-Carlton Residences Estero Bay has hit a sales milestone.

The luxury tower complex under construction in the Saltleaf on Estero Bay community has topped the $700 million mark in total contracts signed. That includes selling three of its four penthouse units.

London Bay Development Group, which is developing the project, released a statement Wednesday touting the mark saying that the project “continues to see strong momentum as demand for luxury-branded condominium living in Southwest Florida accelerates.”

The two-tower 224-unit development is under construction in the 500-acre community. The first tower is expected to open early next year.

Units in the Ritz-Carlton Residences range from 2,628 square feet to 3,885 square feet with two-, three- and four-bedroom units available.

As for amenities, London Bay says the development will have a wellness center with fitness equipment, a yoga and Pilates studio, steam rooms, and a sauna, along with an 8,000-square-foot space called The Oasis that will include a sunset lounge, private dining room, a sports and news cafe, a wine and whiskey room, a card room, and exhibition kitchens.

The north tower will have a sports simulator and a screening room.

Prices for units start at $3 million.