Fortune breaks ground on Ritz-Carlton condo in Pompano Beach

Fortune International Group and Oak Capital broke ground on the Ritz-Carlton Residences, Pompano Beach, marking the debut of the luxury brand in th...

November 20, 2022
1:38 AM

Fortune International Group and Oak Capital broke ground on the Ritz-Carlton Residences, Pompano Beach, marking the debut of the luxury brand in the coastal city. The project will have two towers, one along the beach and another on the Intracoastal Waterway, on the 4.6-acre site at 1380 S. Ocean Blvd. The 205 condos are more than 75% pre-sold. Prices started at $1 million. Edgardo Defortuna, president and CEO of Miami-based Fortune, said the average price in the building was $2.5 million to $3 million.

Brian Bandell