Rosewood Residences Lido Key — Photo by Rosewood Hotel Group

Rosewood Hotels & Resorts® is pleased to announce Rosewood Residences Lido Key, the brand's first stand-alone residential project spearheaded by luxury real estate developer, The Ronto Group and real estate investment firm, Wheelock Street Capital. Situated along one of the country's most beautiful beaches off the coast of Sarasota, Florida, just a short walk from St. Armands circle. The 65-unit condominium will be completed in 2025, with sales reservations to launch in December 2021, and will bring a new luxury lifestyle experience to the area and the United States at large. A long-term goal for the Rosewood brand, the inaugural independent Rosewood Residences project speaks to an increased demand for enriched living that combines the amenities, facilities and services of an ultra-luxury resort with the intimacy and comfort of a private home.

Rosewood Residences is a highly distinctive collection of residential villas, estate homes and fine apartments available for purchase or rent in the world's most dynamic cities, exotic locations and emerging destinations. Designed for both short- and long-term stays, the for-sale residences span from one-of-a-kind stand-alone villas to for-rent serviced apartments. Combining exclusive and state-of-the-art amenities and facilities with elevated and intuitive service, as well as the utmost in discretion, privacy, and comfort, to deliver a seamless and immersive experience, Rosewood Residences caters to the cultivated tastes of affluent explorers. The segment has proven extremely successful for Rosewood Hotels & Resorts, which currently has a property pipeline wherein approximately 50% of all projects include a residential component. The Lido Key development represents the next phase of Rosewood Residences' global expansion and evolution. Each ultra-luxury residence expresses the values of Rosewood Hotels & Resorts through the intricate details of craftmanship, architecture, urban planning and interior and industrial design to create purposeful and enriching environments.

Rosewood Residences Lido Key will occupy 3.5 prime acres of beachfront real estate designed by Miami-based Swedroe Architecture, with interiors spearheaded by New York-based Lillian Wu Studio. Combining exquisite Gulf of Mexico views with unmatched amenities and services, each of the property's 65 residences will be designed in accordance with Rosewood's guiding A Sense of Place® philosophy, wherein the sensibilities of the locale inspire the distinctive style and programming provided at each respective Rosewood destination.

The residences will average approximately 4,200 square feet in size and showcase state-of-the-art finishes and features. The onsite amenities will include a private restaurant and chef services for in-residence dining and catering, world-class fitness center with options for private training and yoga sessions, outdoor pools, massage rooms, private guest suites with housekeeping service, lounge featuring library and game room, and a 24-hour concierge all managed by Rosewood. Pricing has not yet been announced.