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California and NYC Exodus Fuels Florida’s Luxury Real Estate Boom Amid Property Tax Debates

June 14, 2026

Alhambra Parc Secures $100 Million Loan to Fuel Luxury Coral Gables Condo Development

June 14, 2026

Broward Real Estate Faces Legal Storm: Lawsuits Over Assessments and Property Theft Emerge

June 14, 2026
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    California and NYC Exodus Fuels Florida’s Luxury Real Estate Boom Amid Property Tax Debates

    June 14, 2026

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Florida Real Estate Market

Shell Bay Residences Ascend: Construction Reaches Vertical Milestone

October 29, 2025
Shell Bay Residences construction reaches vertical milestone.
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The Residences at Shell Bay, a luxury development by Witkoff Group and PPG Development, has officially entered the vertical construction phase. With the initial floors of the 20-story tower now complete, the project is on track for its anticipated 2027 opening. This marks a significant step forward for the exclusive Shell Bay Club community.

Key Takeaways

  • Construction of the 20-story residential tower has begun.
  • The development is expected to open in 2027.
  • The project features 108 private residences with wraparound terraces.
  • Shell Bay Club offers extensive amenities, including golf, racquet sports, and marina access.

A New Era for Shell Bay

The Residences at Shell Bay are poised to become a landmark development, offering 108 private residences, each designed with expansive wraparound terraces. The commencement of vertical construction signifies a major advancement in bringing this vision to life.

Exclusive Amenities and Lifestyle

Shell Bay is more than just residences; it’s a comprehensive 150-acre private members’ club. The community is anchored by a championship golf course and a separate nine-hole course, complemented by a dedicated practice facility. Beyond golf, residents will enjoy a state-of-the-art racquet club, pickleball and padel courts, basketball facilities, batting cages, and a children’s playground. Direct access to the Intracoastal Waterway is provided through a 48-slip private marina, enhancing the exclusive lifestyle offered.

A Generational Opportunity

Alex Witkoff, CEO of Witkoff Group, described Shell Bay as a "generational opportunity," highlighting the unique nature of the property. "With our golf and racquet clubs already established among the world’s finest, we are proud to commence this next chapter of development as we go vertical on our residential tower and five-star Auberge resort," he stated. The development promises a world-class living experience, integrating luxury residences with unparalleled recreational and resort amenities.

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