London Bay Development Group Announces Opening of First Tower for The Ritz-Carlton Residences, Estero Bay

A landmark project for Southwest Florida, this milestone grand opening marks a transformative new chapter for the Saltleaf community and Estero Bay

BONITA SPRINGS, Fla. ─  Along a once-quiet stretch of Southwest Florida coastline, a destination has taken shape. London Bay Development Group announces the completion and delivery of its first residential tower for The Ritz-Carlton Residences, Estero Bay, known as “South Tower,” one of two 22-story buildings that will together span nearly a mile of pristine waterfront and offer 224 residences in total. This milestone signals a defining moment in the ongoing transformation of Estero Bay into one of the area’s premier lifestyle communities. The grand tower opening marks the culmination of years of meticulous design, construction, and sales success surpassing three-quarters of a billion dollars. 

Situated within Saltleaf on Estero Bay— a 500-acre master-planned coastal village poised to continue shaping the area for years to come with future residential and lifestyle offerings — the dual towers of The Ritz-Carlton Residences, Estero Bay are the centerpiece of the destination. Saltleaf represents the largest project in London Bay’s 35-year history, and the South Tower’s debut reflects the new chapter of Estero Bay as it becomes a treasured destination on the Gulf Coast.

"This project has been the defining chapter of our story that combines years of vision, investment, and an unwavering belief in what Estero Bay could become," said Mark Wilson, CEO and President of London Bay Development Group. "Watching our Owners walk through the doors for the first time, experiencing the views, the spaces, and the details we have so thoughtfully curated for them, will affirm everything this community was always meant to be. We are equally proud of what this moment signals for Estero Bay itself and the future we are only beginning to build.”

For residence owners, the South Tower’s arrival is a dream turned reality: private elevator lobbies, expansive terraces extending up to 2,200 square feet, and panoramic, unobstructed sunset views. Interiors by award-winning New York design studio Meyer Davis bring together European-inspired cabinetry, premium Sub-Zero/Wolf appliances, spa-style primary baths with freestanding soaking tubs, and generous closet and private on-floor storage. Residences range from 2,628 to 3,885 square feet with two-, three-, and four-bedroom layouts, each with a den, priced from the $3 millions. Crowning both towers, a collection of penthouses priced from $15,235,000 and spanning up to 13,630 square feet with outdoor terraces of up to 7,380 square feet sets a new benchmark for luxury living. Designed by globally acclaimed architecture firm Arquitectonica, the cascading façades of the buildings are inspired by the tranquil coastal setting, integrating harmoniously into the surrounding topography. 

 "This milestone reflects the strong collaboration of many individuals, including the construction teams, whose craftsmanship and attention to detail are evident throughout the property, as well as the city and broader community, whose support has been instrumental along the way. At the heart of this property is The Ritz-Carlton's philosophy of Ladies and Gentlemen serving Ladies and Gentlemen. It is that spirit, which is intentional, thoughtful, and present in every interaction with our owners, that transforms a residence into a home. We are proud to be part of this journey and to work alongside such an exceptional team to bring it to life." said Alicia Koenig, Vice President of Residential Operations at Marriott International.

Spanning five acres, The Residences’ amenity program is one of the most extensive of any condominium in the region. Three cascading pools, an acre-wide lagoon with shaded pavilions, a Wellness Center, spa and beauty salon, Private Dining Room, a Wine and Whiskey Lounge, and multiple social spaces all bring the legendary service of The Ritz-Carlton into everyday living. At the heart of it all, The Experience Studio stands ready to anticipate residents’ every need, from personalized spa bookings to private training sessions and dining reservations, embodying the seamless, attentive service the brand is known for worldwide.

Completion of the South Tower is part of the momentum already unfolding across Saltleaf. Acqua Bistecca, the acclaimed waterfront restaurant by renowned Chef Michael Mina, debuted this year. Saltleaf Golf Preserve opened in 2024 with a reimagined 18-hole championship course, ‘The Preserve,’ designed by four-time major champion Raymond Floyd, alongside the nine-hole short course, ‘The Leaf,’ and a 12,500-square-foot clubhouse with an upscale restaurant and bar. Saltleaf Marina is expected to open next, restoring long-standing access to the bay and offering 72 private boat slips directly adjacent to The Residences. The North Tower, currently under construction and rising at an average pace of one floor every 10 days, is slated for delivery in 2027.

The property sits a short drive from some of the best beaches in the country, shopping, and galleries, and just 20 minutes from Southwest Florida International Airport. The onsite 5,000-square-foot Sales Gallery, at 5000 Coconut Road, Bonita Springs, is open daily for private appointments and walk-in visits. For more information, call 239-766-6653 or visit www.TheResidencesEsteroBay.com.