St. Tropez
at Pelican Bay was developed in 1986 with 52 luxury residential units in
a 15-story high-rise. Current value estimate: $40 million.
St. Maarten at
Pelican Bay was developed in 1987 as a 21-story luxury high-rise condominium with
90 units overlooking the Gulf of Mexico. Current value estimate:
$125 million.
St. Thomas at Pelican
Bay, comprising 32 luxury low-rise condominiums, was developed in 1987.
Current value estimate: $30 million.
St. Lucia at Pelican
Bay was developed as a 17-story high-rise with 70 luxury units
overlooking the Gulf of Mexico. St. Lucia was developed in 1988. Current
value estimate: $80 million.
St. Lucia Gardens
augments the St. Lucia high-rise with 16 luxurious low-rise condominiums
built in 1988. Current value estimate: $18 million.
St. Simone at Pelican
Bay added 36 luxury low-rise units of Gulf Bay residences in 1989.
Current value estimate: $24 million.
St. Nicole at Pelican
Bay is a 22-story high-rise built in 1990 with 97 luxury residences
overlooking the Gulf of Mexico. Current value estimate: $135 million.
In early 1990, Gulf Bay® began development of the gated community of Crown Colony in
Pelican Bay, comprised of five high-rise and low-rise condominiums including St. Marissa, St. Vincent's, St. Kitts, Cap Ferrat® and Cannes.
St. Marissa at Crown
Colony is a 22-story high-rise with 97 luxury units, completed in 1991.
Current value estimate: $145 million.
St. Vincent 's
at Crown Colony added to the low-rise community program with 26 garden
and villa units in 1991. Current value estimate: $20 million.
St. Kitts at Crown Colony added an
additional 22-story high rise with 97 luxury units, completed in 1993.
Current value estimate: $145 million.
In 1994, Gulf Bay® created Waterpark Place, a private
community located on a prime site between the Gulf of Mexico and the Pelican
Bay golf course. Planned for four condominium towers with an envisioned total
approximate sell-out value in excess of $900 million, Waterpark Place completed
its first building, St. Pierre, in January 1994 and its second tower, St.
Laurent, in January 1997. The planned luxury highrises of Cap d'Antibes® and Cote d'Azure™ will be built at Waterpark Place on the last available piece of land in Pelican Bay.
St. Pierre, created
in 1994 overlooking the Gulf of Mexico, added 105 units in a 22-story
luxury high rise in the planned community of Waterpark Place at Pelican
Bay. Current value estimate: $175 million.
St. Laurent at Pelican Bay consists of 22
stories and 107 luxury units overlooking the Gulf of Mexico and was
completed in March 1997. St. Laurent is located in the planned community
of Waterpark Place in Pelican Bay. Current value estimate: $175 million.
The Brittany, located along prestigious Park Shore
Drive in Naples, introduced 127 luxury units on the Gulf of Mexico. This
elegant building was built in 1995. Current value estimate: $350 million.
Saint
Raphael was completed in June 2000 with 22
stories and 178 luxury units overlooking the Gulf of Mexico in Pelican
Bay. Current value estimate: $400 million.
Cap
Ferrat® at Pelican Bay was completed in November 2002. Located within Crown
Colony overlooking the Gulf of Mexico, Cap Ferrat is comprised of 22
stories and 111 luxury residences. Current value estimate: $275 million.
Cannes at Crown Colony, a low-rise cluster of four condominium coach home buildings, was completed in 2005. Current value estimate: $22 million.
In 1994, Gulf Bay® purchased one of the last parcels of undeveloped beachfront
property on Marco Island and began construction of its first hotel condominium
and beachfront restaurant: Marco Beach Ocean Resort®, an all-suite luxury
hotel and Sale e Pepe restaurant, in the adjacent Beachfront Pavilion.
Marco
Beach Ocean Resort® on Marco Island opened December 2001.
This facility is a 98 suite, luxury hotel/condominium and is rated
by AAA. The Resort includes a spa and fitness center, executive
conference rooms, a waterfront ballroom, a rooftop swimming pool and
garden terrace, beachside and poolside bars, and casual and fine
dining. Marco Beach Ocean Resort is one of only a few resorts in
Collier County located directly on the beach.
The Beach Pavilion at Marco Beach Ocean Resort is a Tuscan villa-inspired building that houses a restaurant and lounge, banquet and ballroom facilities, beachside bar, and changing facilities. Sale e Pepe® restaurant features décor inspired by the Italian Renaissance, combined with an authentic Italian menu, an award-winning wine collection with over 700 labels, and Gulf of Mexico views for a sophisticated yet casual dining environment. Sale e Pepe’s wine list was recently honored with the “Best of Award of Excellence” by Wine Spectator magazine. Adjoining Sale e Pepe is Toulouse™ lounge, a turn-of-the-century tribute to the Belle-Époque period of Paris and the great artist Henri de Toulouse-Lautrec. There is expansion room for dining or other types of events in the Beach Pavilion.
Gulf Bay Properties Currently Under Development
The Vision Continues
In Pelican Bay, the planned highrises of Cap d'Antibes® and Cote d'Azur™ will be built at Waterpark Place on the last available piece of land in Pelican Bay with an anticipated buildout value in excess of $575 million.
