“This project marks a major milestone for Rosewood Hotels & Resorts, a brand that has redefined the concept of ‘residential hospitality’ since its launch over 40 years ago with the transformation of a mansion into a Dallas in an ultra-luxurious hotel-restaurant ”, declared Brad berry, Vice President of Global Residential Development at Rosewood Hotel Group. “We have carefully considered how best to leverage the growth of our residential segment with our first standalone Rosewood residences and are delighted to have this opportunity to do so in partnership with The Ronto Group and Wheelock Street Capital. Especially now, as lifestyle preferences continue to change and thus create increased demand for the experience that Rosewood Residences offers, we are proud to bring this offering to market and be a part of both. that of Florida and the continued growth and evolution of the luxury real estate industry. ”

The advantages and growth of branded residences

Rosewood Residences is a highly distinctive collection of residential villas, residences and beautiful apartments available for purchase or rental in the world’s most vibrant cities, exotic locations and emerging destinations. Designed for short and long term stays, the residences for sale range from one-of-a-kind freestanding villas to apartments for rent. Combining exclusive and state-of-the-art amenities and facilities with high and intuitive service, as well as the maximum discretion, privacy and comfort, to provide a fluid and immersive experience, Rosewood Residences caters to the cultivated tastes of well-to-do explorers. . The segment has proven to be extremely successful for Rosewood Hotels & Resorts, which currently has a real estate portfolio in which approximately 50% of all projects include a residential component. The development of Lido Key represents the next phase in the global expansion and evolution of Rosewood Residences. Each ultra-luxurious residence expresses the values ​​of Rosewood Hotels & Resorts through the intricate details of craftsmanship, architecture, urban planning and interior and industrial design to create useful and enriching environments.

A new luxury benchmark in Lido Key

Rosewood Residences Lido Key will occupy 3.5 acres of premier oceanfront real estate designed by Miami-based Swedroe Architecture, with interiors led by new York-based Lillian Wu Studio. Combining exquisite Gulf of Mexico views with unparalleled amenities and services, each of the property’s 65 residences will be designed in accordance with Rosewood’s A Sense of Place guide^® philosophy, in which venue sensibilities inspire the distinctive style and programming provided to each respective Rosewood destination.

The residences will average approximately 4,200 square feet in size and feature state-of-the-art finishes and features. On-site amenities will include a private restaurant and chef services for in-residence dining and dining, a world-class fitness center with options for private workouts and yoga, outdoor pools, massage rooms, private suites with housekeeping services, lounge with library and games room, and 24-hour concierge, all managed by Rosewood. The price has not yet been announced.

“It will certainly be a heritage project for the Ronto group”, declared Antoine Salomon, owner of the Ronto group. “We are honored to present the first stand-alone Rosewood residences at United States and welcome Rosewood’s unparalleled service and design to Florida. “Added Hunter Jones of Wheelock Street Capital,” Rosewood Residences Lido Key will be an iconic addition to the town of Sarasota, and we look forward to following its evolution. ”

A demanding destination for extended stays

In recent years, Florida has seen an influx of demand for seasonal and permanent residences as secondary cities have been shown to provide smart solutions to the changing priorities and lifestyles of today’s consumers. Located off Sarasota, Lido Key is no exception. Perfect for nature lovers, beach goers, fishing enthusiasts and boaters, the destination offers a calm and relaxing way of life, away from the crowds that other coastal areas may attract. The quaint part of town on the island is full of chic boutiques, fine dining establishments and casual dining, all yet close by Sarasota – recently ranked by US News & World Report as one of the top ten places to live in the United States – is known for its vibrant art scene, beach atmosphere and the booming food culture. Once considered a playground for retirees, the city has evolved into one of that of Florida the region’s most vibrant arts-fueled destinations, including the Ringling Museum, and the Van Weizel Performing Arts Hall, as well as the arrival of families and young professionals. Perfect for year round living or for a seasonal getaway, Rosewood Residences Lido Key adds an element of relaxed luxury to the accommodation offerings available in the area.

Rosewood Residences Lido Key are for purchase only, no rentals will be available. For more information, please visit www.residenceslidokey.com.

About Rosewood Residences
Rosewood Residences offers a unique opportunity to own or rent quality villas, properties and apartments in the most desirable destinations operated by Rosewood Hotels & Resorts, an ultra-luxury hotel management company that operates an exceptional collection and expanding unique properties around the world. Rosewood Residences caters to the cultivated tastes of global citizens seeking a lifestyle of authenticity fused with modern luxury. Combining exclusive and state-of-the-art amenities and facilities with high and intuitive service, as well as maximum discretion, privacy and privilege, extraordinary accommodations provide a seamless residential experience for owners and guests.

For more information: https://www.rosewoodhotels.com/en/residences

About Rosewood Hotels & Resorts

Rosewood Hotels & Resorts® operates 26 one-of-a-kind luxury hotels, resorts and residences in 15 countries, with 26 new properties under development. Each Rosewood property embraces the brand’s A Sense of Place® philosophy to reflect the history, culture and sensibilities of the individual location. The Rosewood Collection includes some of the world’s most legendary hotels and resorts, including The Carlyle, A Rosewood Hotel in new York, Rosewood Mansion on Turtle Creek at Dallas and Hôtel de Crillon, A Rosewood Hotel in Paris, as well as new classics such as Rosewood Hong Kong. For those who wish to stay a little longer, Rosewood Residences offer a distinct opportunity to own or rent in extraordinary destinations within the brand’s extensive portfolio.

For more information: rosewoodhotels.com

Connect with us: Facebook Twitter Instagram WeChat @RosewoodHotels

About the Ronto Group

Since 1967, The Ronto Group has been honing its real estate development skills through the creation of residential and commercial projects around the world. For more than thirty years, Ronto has been developing in the Southwest Florida market, creating communities that celebrate the region’s compelling appeal, Marco Island and Naples To Sarasota and Tampa. The company has built a solid reputation for its imaginative vision, unwavering integrity and reliable performance. Based at Naples, Ronto’s expertise in condominium and land development has been recognized internationally for communities that are enduring examples of the luxury lifestyle, thoughtful planning and dedicated craftsmanship. The Company has also received numerous awards from the Southwest Florida the residential construction industry for superior design and craftsmanship. The Ronto Group’s expertise and attention to detail are evident in each of their projects. Visit www.Ronto.com

About Wheelock Street Capital

Wheelock Street Capital (https://wheelockst.com/) was formed in 2008 by Rick kleeman and Jonathan paul, two seasoned real estate private equity investors, each with 30 years of experience in real estate transactions across all major asset classes. Wheel raised more than $ 4 billion in the capital commitments of well-known institutional investors and focuses on real estate investment opportunities throughout United States, on public and private markets. Wheel is currently deploying its sixth fund in its value-added series, Wheelock Street Real Estate Fund VI and its first perpetual life insurance fund, Wheelock Street Long Term Value Fund. The Long Term Value Fund targets high quality, cash flow generating assets with stable but attractive risk-adjusted returns over an investment horizon of 5 to 15 years. The company may invest directly or with high quality joint venture partners through a variety of capital structures and types of transactions, including acquisitions, restructurings and recapitalizations. by Wheelock The investment team has extensive experience with leading institutional investment firms and highly reputable real estate operating companies and has produced a 10-year track record of demonstrated and consistent outperformance against industry benchmarks. .

SOURCE Rosewood Hotels & Resorts

Related links

https://www.rosewoodhotels.com