The St. Regis Resort & Residences: A New Era for Fort Lauderdale

A Luxurious Transformation at Bahia Mar

Fort Lauderdale, FL — The vibrant atmosphere surrounding the St. Regis Resort & Residences at Bahia Mar was palpable as real estate agents and interested buyers gathered to witness the unveiling of a magnificent miniature model of the upcoming development. This $2 billion project aims to redefine luxury living in Fort Lauderdale, featuring a five-star resort and multiple luxury condo towers set along a picturesque beachfront.

Event Highlights

The sales gallery buzzed with excitement as attendees captured the moment, eager to learn more about the sweeping changes the project is set to bring. Insights were shared by a panel of experts:

• Dean Trantalis, Mayor of Fort Lauderdale
• Anthony Cordo, Executive Vice President of Visit Lauderdale
• Craig Studnicky, Co-founder and CEO of RelatedISG Realty

Moderated by lifestyle journalist Angela Caraway-Carlton, the panel emphasized the impact this project will have on Fort Lauderdale’s future.

“This project is truly gorgeous,” Caraway-Carlton remarked. “It’s a transformation that will create a 40-acre tropical sanctuary complete with a megayacht marina, elegant restaurants, and high-end retail shops.”

Key Features of The St. Regis Project

The St. Regis development will encompass:

• A five-star hotel
• Four luxury condo towers
• A sprawling megayacht marina
• High-end dining and retail options

The condominiums will range from $3 million to $25 million, appealing to a wealthy clientele eager for luxury.

Project Details

• Developer: Jimmy Tate in collaboration with Related Group
• Phase One: Incl. hotel and two condo towers, set to break ground in Summer 2026
• Sales Goal: 45% to 50% pre-sold by early 2026

A Game-Changer for Fort Lauderdale

Mayor Trantalis heralded the project as a pivotal change for the city, previously known primarily for its Spring Break identity.

“When we talk about St. Regis, we’re really talking about the future of Fort Lauderdale,” he stated. “The transformation of Bahia Mar is significant. We’ve upgraded the vision while downsizing the project to enhance the community.”

Bahia Mar: Part of a Larger Landscape Transformation

The St. Regis project is part of a broader initiative reshaping Fort Lauderdale. Other developments include:

• Las Olas Marina: An $60 million project that opened in December with luxury accommodations for large yachts.
• Las Olas Ocean: A massive project featuring 29-story twin towers, a hotel, and an expansive shopping and dining experience.
• International Swimming Hall of Fame Complex: A $218 million update aimed at revitalizing the area with new attractions.

Luxury Market Trends

High demand for luxury residences is evident, especially among buyers from affluent markets like South Beach and Newport, California.

“Our sales are brisk,” remarked Daniel Teixeira, Vice President of Sales for The St. Regis. “Prices are projected to increase as we move forward, and we’re seeing interest from buyers across the nation.”

Investment Potential

• Condo Prices: $5 million to $25 million
• Hotel Residence Prices: Starting at $3 million
• Total Units: 320 across four condo towers, each with 80 units
• Hotel Units: 197 rooms available on lower floors, with nightly rates starting around $1,000.

A Unique Coastal Offering

Craig Studnicky emphasized the value of Bahia Mar as a prime investment opportunity:

“This is a never-before, never-again piece of real estate,” he proclaimed. With 2,000 linear feet of beachfront, it promises a unique coastal lifestyle unlike any other in the region.

Conclusion: The Future of Fort Lauderdale

As Fort Lauderdale evolves, the newly announced St. Regis Resort & Residences site is poised to attract affluent buyers and tourists alike, enhancing the local culture while preserving genuine experiences that the city has always offered.

For more information on the St. Regis development and the luxurious lifestyle it promises, visit St. Regis Bahia Mar and Discover Fort Lauderdale for more insights into the thriving luxury market.

This comprehensive view of the St. Regis project captures its significance in shaping the future of Fort Lauderdale, showcasing both luxury and community spirit in tandem.