The Ronto Group reported the astounding winter season sales activity at its Naples Square community in downtown Naples is continuing at an unprecedented pace. Just 25 of the 77 residences in Naples Square’s Phase III building remain available. Phase III sales transactions worth nearly $60 million have been processed and the Phase III building is nearly 70% sold. One of the three furnished models in the Phase III offering that are available for purchase with a leaseback has sold. Two of the Phase III floor plans, the Dorset and Emerson plans, are sold out. The Phase III building is under construction and on schedule for completion in spring 2019. The Phase II building is completely sold out. Three previously sold Phase II furnished models remain open for viewing with a sales associate.
Situated at 5th Avenue South and Goodlette-Frank Road, Naples Square’s walkable lifestyle and the availability of one and two-story, two and three-bedroom plus den floor plans with open-concept living areas and open-air terraces continue to transform how people live downtown. Eight Phase III one and two-story floor plans from 1,460 to 3,238 square feet under air are base-priced from $750,000 to $1,645,000. The two and three-bedroom plus den plans feature 10’ ceilings, open-air terraces, and designer kitchens with an enhanced appliance package with a gas cooktop and hood and a wall mounted oven and microwave.
The Naples Square Phase III floor plans offer enlarged, and re-named iterations of Ronto’s Phase I residences. Phase III residents will enjoy a re-designed courtyard amenity deck with a significantly enlarged pool deck and a 780-square foot pool that is 29% larger than the pools included in the Phase I and Phase II buildings. The new design includes tables under a pavilion that is adjacent to the pool. Gas grills with sinks and seating areas with fire pits will enhance the outdoor experience. A club room and terrace will open to the pool area and include a bar, large screen television, a billiards room, and a furnished fire pit area. Other amenities include a fitness center, secure under-building parking, private storage, and bicycle storage within the garage.
Homebuyers have been captivated by Naples Square’s location, walkable/bikeable lifestyle, amenities, and floor plans that offer an ideal downtown pied-a-terre or full-time residence at an attractive price point. A mixture of Bermuda, British West Indies, and Coastal Contemporary architectural styles created by Matthew Kragh, AIA, owner of MHK Architecture & Planning, has brought a timeless flavor to Naples Square and created a visually appealing downtown landmark. A park-like landscape design by Christian Andrea of Architectural Land Design, Inc. that includes an attractive streetscape along Third Avenue South that bisects the community has created a pedestrian and biker friendly route that connects downtown with Bayfront. A dedicated public access linear park along the eastern edge of Naples Square will front Goodlette-Frank Road and solidify the connection between downtown Naples and the Gordon River Greenway.
Naples Square continues to positively impact the economic health of the downtown district, particularly in the Design District in the 10th Street corridor between 5th Avenue South and 4th Avenue North. The Design District includes new eateries, bakeries, galleries, and specialty shops, many of which have been introduced as residents continue to move into Naples Square. Ronto is refining plans for The Shoppes at Naples Square. The project will include retail and restaurant space developed on the eastern edge of the Naples Square site. With zoning of up to 150,000 square feet of commercial space already approved, Ronto envisions The Shoppes at Naples Square as a project that will compliment and complete Naples Square’s walkable lifestyle. The Shoppes are expected to offer choices of casual and full service upscale dining, all with outdoor seating, literally within steps of the Naples Square residences. While The Shoppes at Naples Square will have a positive impact on the overall vibrancy of the downtown district, the impact will be more significant for the residents of Naples Square. With the introduction of the Shoppes, the entire Naples Square project will become a self-sufficient neighborhood within downtown that offers residents immediate, walkable accessibility to dining, shopping and convenience retail. That combination is at the heart of Ronto’s vision at Naples Square.
Gulfshore Playhouse has purchased of a three-acre tract within Naples Square, a purchase that will add a new dimension to Ronto’s vision of a community that not only enriches the entire Downtown District, but also provides its residents with a truly walkable lifestyle. As planned, Gulfshore Playhouse will build a multimillion-dollar, 56,000 square feet complex that will include two theaters and an education wing to support programming for children, adults and families. The complex will be located at Goodlette-Frank Road and First Avenue South on the northern end of Naples Square. The presence of the Gulfshore Playhouse complex will put a regional theater literally at the doorsteps of Naples Squares’ residents and be easily accessible to residents of Downtown Naples and beyond. The complex will serve as an ideal anchor for the Shoppes at Naples Square. The Gulfshore Playhouse complex is expected to further enhance the appeal of The Shoppes at Naples Square location for prospective tenants, particularly restaurants.
Two downtown Naples sales centers represent Naples Square and Ronto’s Eleven Eleven Central community. One is located in unit 101 of the Naples Square Phase I building at 1030 3rd Avenue South. The other is situated at 100 Goodlette-Frank Road South. Both sales centers are open daily. For additional information, visit NaplesSquare.com or 1111Central.com.