Page 10 - Talk of Tequesta - March '24

Page 10, The Talk Of Tequesta

in your CommuniTy

Catalfumo Companies Announces

Initial Concrete Pour Of The Ritz-Carlton Residences

The Event Celebrates The Completion Of Sitework And
The Commencement Of Vertical Construction

The renowned developer, Catalfumo Companies, is
pleased to announce the ceremonial initial concrete pour
for The Ritz-Carlton Residences, Palm Beach Gardens.
This announcement follows the completion of the
marina for the project ahead of schedule, as well as the
completion of site work, which took place over the last
year. This included moving 38,000 cubic yards of soil
onsite, installing 207 pairs of sheet piles, compacting
soil through vibroflotation, and Catalfumo Companies
securing a record-breaking $340 million loan to finance
the construction of the development.

Bert Premuroso, Mayor Chelsea Reed, Jay Parker, Dan Catalfumo, and Joey
Joe Sacco and Jay Parker and Marcie Tinsley Eichner

With this significant backing and completion of construction are thrilled to announce that construction is now moving
milestones, Catalfumo Companies is poised to bring their forward at an impressive pace. Catalfumo Companies is
vision to life, delivering a property that sets a higher bar proud to be a part of Palm Beach Gardens’ evolution and
for appointed coastal living in Palm Beach Gardens. With remains committed to bringing elevated results to the area.”
completion scheduled for early 2026 and over 30 percent of Located along the Intracoastal Waterway on PGA Boulevard
residences sold, anticipation is high among discerning buyers. in Palm Beach Gardens, the estate collection showcases an array
Daniel Catalfumo, the founder of Catalfumo Companies, of impeccably designed residences across three magnificent
expressed his enthusiasm about the project’s success stating, structures, spanning over a sprawling 14-acre site with 1,040 feet
“The Ritz-Carlton Residences, Palm Beach Gardens has of Intracoastal Waterway frontage. The Ritz-Carlton Residences,
attracted buyers from the surrounding private communities Palm Beach Gardens, comprises 106 estate residences priced
and large estate single-family homes, who are looking for between $4.5 million and $8-plus million. Douglas Elliman
the perfect size for their future. The Residences are designed Development Marketing exclusively handles sales for these
Gio Catalfumo and Dan for those accustomed to expansive homes and who value the exceptional homes, with sales going directly into contract.
Lauren and Dave Shalkop Catalfumo legendary service of The Ritz-Carlton brand. With the initial
concrete pour ceremony marking a significant milestone, we In Your Community on page 11

Dave Shalkop, Julie Nelson, Caprice Weber, and Jaime Drysda

William Caldwell, Gio Catalfumo, and Keith Spina

Gio Catalfumo and Bryanna
Susan and Dan Catalfumo McFarland