- November 17, 2024
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With site work nearly complete, developer Kolter Urban has announced its selection of Fort Lauderdale-based Moss Construction as general contractor for The Ritz-Carlton Residents Sarasota Bay in The Quay.
Previously identified as Ritz-Carlton Residences II, the 78-unit luxury condominium tower will be built on Blocks 7 and 8 in The Quay. Kolter Urban and Moss Construction teamed up to deliver the first Ritz-Carlton Residences tower on Block 6 in 2021. Site work began in April and foundations and utilities installation are 90% complete.
“Moss is a leading contractor in Florida and beyond, boasting extensive experience and a successful history of delivering top-tier developments,” says Kolter Urban Regional Vice President Brian Van Slyke in a news release. "We are confident that they are the best partners for The Ritz-Carlton Residences, Sarasota Bay.”
Recent projects delivered by Moss include St. Regis Resort and Residences Longboat Key; Auberge Beach Residences & Spa in Fort Lauderdale; JW Marriott Clearwater Beach; and Wyndham Grand Resort Clearwater Beach.
Designed by architecture firm SB Architects of Coral Gables, Ritz-Carlton Residences, Sarasota Bay will range from 3,500 to just less than 6,000 square feet, according to the news release. Units will feature 12- and 13-foot ceilings in main living areas and expansive terraces will provide panoramic views with built-in outdoor grills. Access-controlled elevators and separate service elevators for deliveries will offer privacy and security.
The Ritz Carlton Residences, Sarasota Bay is expected to reach completion in late 2026. Premier Sotheby's International Realty is leading the sales program.
The second Ritz-Carlton Residences tower is the next step in a multi-phase development. Kolter Urban is currently working through the city’s administrative review process for redevelopment of the adjacent Hyatt Regency Hotel into a mixed-use, two-tower residential, hotel and commercial project.