In the heart of Bal Harbour, one of the most affluent sections of South Florida, three all-glass towers rise from a premium beachfront parcel across the street from the fashionable Bal Harbour Shops. At a time when much of the South Florida real estate market remains sluggish, if not dead, the St. Regis Bal Harbour Resort remains in a state of development. In fact, the high-profile mixed-use project, featuring 304 residential and condo-hotel units starting at $1.9 million, is scheduled for a late 2011 delivery, with the hotel opening in 2012. So how is such an ambitious and luxurious real estate endeavor staying alive in these trying economic times? According to Serge Rivera, CEO for Starwood Vacation Ownership Inc.—the owner and developer of the St. Regis Bal Harbour Resort—Starwood is bullish about Bal Harbour’s viability based on two fundamental strengths: location and St. Regis’ century-old brand.

“This is the finest piece of property, not just in South Florida, but I would say on the entire eastern seaboard,” Rivera says. “It’s a pinnacle-type project. And pinnacle-type projects are resilient. They do well in the best of times, and they do better than any other project in bad times.”

Overall, St. Regis Bal Harbour calls for 268 wholly owned residences ranging in size from 1,777 to 6,868 square feet, as well as 36 condo-hotel suites, 183 hotel rooms, and 24 fractional suites. Despite the broad economic challenges, Rivera, a Miami native, stresses that Starwood is steadfast in its commitment this year. “When I’m asked to describe South Florida, I use a nautical term: it’s ‘confused seas,’” Rivera says. “That means you’re getting waves at you from many different angles and currents and the wind that are pushing against you. We like to think we’re kind of like the oasis in a little bit of this tumultuous sea.” —Scott Kauffman

For those considering the sale or purchase of a luxury residence either in Fort Lauderdale’s Venice of America or directly on the ocean, this website offers a quick reference guide and excellent insight into the luxury real estate market in excess of $1M.  The site displays a colorful array of photographs, maps and community descriptions providing an introduction into this diverse real estate market.

For private individuals, investor groups and real estate professionals, both nationally and internationally, Julie has created a website that is very easy to navigate and answers many of the questions that both buyers and sellers ask on a daily basis.  This is a practical and informative website designed to showcase the best of Fort Lauderdale’s luxury inventory and to make the very best use time for those visiting the site.  High quality photography, video tours, floor plans, blogging and podcasting ensure an interactive introduction by one of Fort Lauderdale’s leading “go-to” luxury brokers.  Julie’s site was designed by IBI Designs in Boca Raton, recent CNBC and New York Times award winners with www.premierestateproperties.com.

Contact: Judy Goldstein/Maxine Adler
The Adler Network, inc.
(561) 206-6081 or (954) 776-6633

March 9, 2009

FOR IMMEDIATE RELEASE

Marrying cutting-edge design, modern conveniences and the tradition of exclusivity and service at one of the world’s finest resorts, One Thousand Ocean in Boca Raton represents the ideal convergence of luxury condominium and premier resort-style living.

The dramatic, seven-story, curvilinear building – under development by LXR Luxury Resorts & Hotels – is situated on a private peninsula bordering one of the most coveted inlets in South Florida. Here, one is surrounded by sweeping panoramas of the ocean and Intracoastal Waterway on three sides, as well as vistas of sky and city. Immediately adjacent to One Thousand Ocean to the north is the Boca Raton Resort & Club’s Beach Club, a recently remodeled oasis at the edge of the Atlantic.

“Because One Thousand Ocean is on the grounds of the Boca Raton Resort & Club, residents will have access to all the amenities of the Resort, not only at the Beach Club but also at the main locale just across the waterway,” explained Jamie Telchin, LXR’s president of development.

A legend among the world’s resorts, the AAA 4-Diamond-rated Boca Raton Resort & Club is a haven of lush beauty, comfort and sophistication.

“This is truly a once-in-a-lifetime opportunity for 52 select residents to have the most prestigious address in South Florida. Without question, One Thousand Ocean has all of the components that set a new standard in luxury waterfront living,” Telchin said. “Our discerning buyers are accustomed to having conveniences at their fingertips. If they want a bottle of chilled champagne delivered to their residence, or to cater a dinner party, the Resort is prepared to furnish what’s required.”

Inside the new building, two-story Beach Villas harmoniously blend with Residences and Penthouses. Units average 4,000 square feet under air, with terraces averaging just under 1,200 square feet. Prices start at approximately $2.75 million.

The diversity of floor plan choices enables buyers to create a home that is uniquely their own – one infused with natural light through floor-to-ceiling glass. Also included are private elevator landings, fireplaces and two-car garages. Top-of-the-line finishes and soft silhouettes further contribute to inviting spaces just right for social gatherings or quiet time alone.

Understated elegance and remarkable artistic precision are evident throughout. Master bedrooms are complemented by expansive his/her dressing rooms with custom-designed millwork. Appointed with marble and stone, spa-like baths are the perfect sanctuaries. Signature Italian cabinetry with stone countertops and mosaic-accented backsplashes combine with SubZero refrigeration, Wolf natural gas ranges, Miele dishwashers and Julien sinks to define the impeccably crafted gourmet kitchens. And, spacious, open-air outdoor terraces were never better, as they are outfitted with private plunge pools and outdoor kitchens.

“When you add in the spectacular vistas and the resort lifestyle advantages, it is hard to compare this property to any other,” Telchin remarked.

The building will provide 24-hour security service, 24-hour desk attendant, concierge service and valet parking. Planned on-site amenities are an oceanfront pool and sun deck, with a select number of private cabanas; oceanfront fitness center with a spa treatment suite; yoga and Pilates rooms; lakefront lounge with catering kitchen; conference room; and multi-purpose playroom.

LXR Luxury Resorts is a portfolio of independent properties dedicated to creating an experience of luxury, a sense of ease and endless pleasure.  LXR resorts are distinguished by a style and spirit that captures the unique qualities of their setting, whether the urban chic of a city like New York or the beauty and charm of an island like Puerto Rico.  All LXR Luxury Resorts offer elegant surroundings, attentive service, guest privileges at private golf clubs and rejuvenating spa programs.  LXR Luxury Resorts are located throughout the United States and the Caribbean.  The LXR collection also includes the renowned Golden Door Spa brand and its four spas in the U.S.

The sales & design center features stunning model spaces by acclaimed designer Nancy Corzine, whose name is synonymous with high quality, classic designs that are timeless and elegant. For One Thousand Ocean, Corzine’s design Completion of One Thousand Ocean is expected by the end of 2009.

Corcoran Sunshine Marketing Group is the exclusive sales and marketing agent for One Thousand Ocean. For further information, visit www.onethousandocean.com or call the sales & design center at (561)-869-5000 to schedule a private showing.