With Gulfshore Playhouse poised to close on its purchase of a three-acre tract within Naples Square in Downtown Naples in mid-August, The Ronto Group’s vision of a community that not only enriches the entire Downtown District, but also provides its residents with a truly walkable lifestyle has taken on an added dimension. 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 Ronto’s 300-unit Naples Square development. Two of the development’s four residential buildings have been completed. Construction of the third building is expected to start in fourth quarter of this year.
With purchase agreements worth over $25 million already processed, Phase III sales activity at Naples Square continues to be strong. Naples Square is being developed by The Ronto Group at 5th Avenue South and Goodlette-Frank Road in downtown Naples and will include nearly 300 residences at build-out. The community’s walkable lifestyle is bringing a sense of cohesion to downtown. Plans for the Shoppes at Naples Square are actively being developed and will offer retail and restaurant space on the eastern edge of the Naples Square site. Ronto anticipates retail openings in 2019. In addition, Gulfshore Playhouse has entered into a purchase agreement for a 3-acre site within Naples Square in anticipation of building a new regional theatre complex. Closing on the land purchase is expected in mid-August.
With three Phase II residences available for purchase at Naples Square, homebuyers continue to be captivated by The Ronto Group’s three furnished Phase II models that showcase interior designs by three of Naples’ finest interior designers. Sales associates are available for model tours at the Sales Gallery at 100 South Goodlette-Frank Road or at the Model Center at 1030 3rd Avenue South, #101, both of which are open daily.
The award-winning Ronto Group announced it is showcasing three completed move-in ready Phase II residences at Naples Square during open house events on Saturdays and Sundays from 11:00 a.m. to 4:00 p.m. Each of the residences features open-concept living areas, open-air terraces, controlled access under-building parking, private storage, and bicycle storage within the garage. Naples Square is being developed by Ronto at the corner of 5th Avenue South and Goodlette-Frank Road in downtown Naples. Naples Square’s walkable lifestyle has brought a sense of cohesion to downtown by connecting 5th Avenue to Bayfront with access on 10th Street via 3rd Avenue South. Residents enjoy walkable access to downtown’s dining, shopping, and entertainment attractions. Ronto recently announced plans for the Shoppes at Naples Square are actively being developed. The project will be a combination of retail and restaurant space that will be developed on the eastern edge of the Naples Square site and will compliment and complete Naples Square’s walkable lifestyle. Ronto anticipates retail openings in 2019.