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Lionheart Capital, the developer of The Ritz-Carlton Residences, Miami Beach, recently hosted a construction commencement ceremony to celebrate the new luxury residential development. The modern vision of renowned Italian architect Piero Lissoni will transform the existing structure into a stand-alone Ritz-Carlton Residences, one of a select few in the world.

The ceremony took place on the seventh floor where the developers, local dignitaries and guests were surrounded by a 360 degree view of the city and the Miami Beach skyline. Notable guests in attendance included: Miami Beach Commissioner Deede Weithorn Miami Beach Commissioner Joy Malakoff Lionheart Capital CEO and Partner Ophir Sternberg Lionheart Capital Partner Allison Greenfield Lionheart Capital Partner David Metalonis

After the ceremony guests enjoyed a light brunch and mimosas, while they toured the contemporary-designed sales gallery, which features a high-tech media wall, including holograms, an interactive presentation, and dioramas of the project as well as a screening room which features a short film about The Residences. The event concluded with guests on the Sales Gallery’s outdoor patio overlooking Surprise Lake, which showcased the project’s 2014 VanDutch 40 on a private dock. There will be 36 boat slips available for purchase at The Ritz-Carlton Residences, Miami Beach, offering appeal to boaters.

ABOUT THE RITZ-CARLTON RESIDENCES, MIAMI BEACH The Residences are Piero Lissoni’s first architectural project in the U.S. and are being designed with award-winning Miami architecture firm ADD Inc. This expansive, amenityrich and LEED-certified property will feature gardens, pools, entertainment spaces and a private marina for 111 condominium residences and 15 villas. The two-to-five-bedroom homes range in size from 1,700 to over 10,000 square feet, in a selection of over 60 floor plans, with striking interiors also customdesigned by Lissoni Associati. The Residences are priced from $2 million to over $25 million and are scheduled to be completed in 2015. Premier Sales Group, Inc. a Licensed Real Estate Broker is the Exclusive Sales Agent. • ONE Sotheby’s International Realty, Global Marketing Partner. Premier. Located at 4701 North Meridian Avenue, Miami Beach, FL 33140. Contact 305-953-9500 or go online at www.TheResidencesMiamiBeach.com.