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New Ritz-Carlton Towers in Sarasota Reflect Surging Luxury Real Estate Demand

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New Ritz-Carlton Towers in Sarasota Reflect Surging Luxury Real Estate Demand

The Ritz-Carlton Residences, The Woodlands, has seen record-breaking sales of over $250 million in its first week, signaling robust demand for luxury living. More than 50% of its 111 units, designed by the renowned Robert A.M. Stern Architects, were snapped up within days. The development promises an elevated lifestyle with high-end amenities and stunning views of Lake Woodlands.

Jim Carman, President of Howard Hughes Houston Region, emphasizes the appeal: “We are seeing remarkable sales momentum for this project, bringing a new level of luxury and lifestyle to The Woodlands.”

This trend is mirrored in Sarasota, where three new Ritz-Carlton Towers are set to rise, with one already in the sales phase. These towers promise to redefine luxury living in the region, reflecting the same masterful planning and quality design that made The Woodlands project a success.

David R. O’Reilly, CEO of Howard Hughes, notes, “The response to The Ritz-Carlton Residences, The Woodlands underscores the demand for unique residential experiences.” Sarasota is poised to join this exclusive club, offering residents a blend of urban amenities and waterfront living.

With construction slated to begin later this year, The Woodlands’ project and the upcoming Sarasota towers highlight a significant trend: the continued growth and appeal of luxury residential developments across the country.