OCEAN AVENUE SOUTH, CA
The new Ocean Avenue South, a luxury residential development from Related California, has broken ground on Ocean Avenue in Santa Monica, California. The property will stand apart by introducing sustainable, urban beach living and a dynamic public neighbaorhood to the Santa Monica shore. Ocean Avenue South’s two exceptional properties, The Waverly and The Seychelle, will offer 158 deluxe residences in one-, two-, and three-bedroom layouts, including 11 penthouses. Residences start at approximately 850 square feet for a one-bedroom to more than 3,300 square feet for a penthouse. Planned amenities include private balconies with ocean or mountain views, a yoga studio, pet spa, fitness centers, plus a rooftop oasis at The Seychelle with a pool, Jacuzzi, and sun deck. Ocean Avenue South will also be home to five upscale retail and restaurant outlets extending over 20,000 square feet on the ground level. The development has a move-in date of winter 2014. Prices for residences start at $800,000, oceanavenuesouth.com.
BAHA MAR, THE BAHAMAS
Set to be the largest development in the history of the Caribbean at $3.5 billion, Baha Mar is under construction and well past the vision stage. Located in the Bahamian capital of Nassau, and set on 3,000 feet of uninterrupted, white sand beach, Baha Mar captures the true spirit of the region, merging an elite collection of hospitality brands with authentic Bahamian culture and architecture. When complete, Baha Mar will offer 307 distinctive luxury residences, including accommodations by Rosewood Hotels & Resorts, Hyatt Hotels, Mondrian, and the Baha Mar Casino & Hotel. Baha Mar will include 20 acres of landscaped beach and pool areas, more than 14 pools, and an eco-water park. The development will also be home to more than 30 restaurants, nightclubs, and entertainment venues, including a signature nightclub designed by Kravitz Design, the creative firm of music icon Lenny Kravitz. An 18-hole Jack Nicklaus Signature golf course is scheduled to open later this year while the full project is set to debut in late 2014. Starting prices for the residences range from $1.5 million to $1.9 million, bahamar.com.
PARQUE TOWERS, FL
With the recently upgraded Towne Center at its core, Parque Towers at St. Tropez in Sunny Isles Beach, Florida will offer homeowners access to chic shops, bistros, bars, and cafes. When complete, the property will encompass 329 residences, ranging from 1,860 square feet of interior and exterior living space to 2,363 square feet. A number of penthouses and two-story townhomes will also be released. The property fronts the Intracoastal Waterway, with beach frontage directly across the street. Groundbreaking of the Parque Towers is anticipated for January 2014, with the grand opening projected for late 2015. Residences start at $750,000 to $1.45 million and penthouses at $3.5 million to $6 million, parquetowers.com.