Kalea Bay’s first tower approaching sell out

The first residential tower at Kalea Bay, the gated, resort-lifestyle, high-rise community on Vanderbilt Drive in North Naples, is approaching the 90 percent sold mark. The tower, which is under construction, is due to be completed in November.

“The approaching sell out of Tower 1 and the overwhelming response from our buyers prompted us to release Tower 2 earlier this year,” stated Inga Lodge, vice president of sales and marketing for Kalea Bay. “Currently, the number of residences already reserved in our second tower exceeds the $40 million mark.”

The new 22-story tower, with 120 units, will have 20 floors of residences over two floors of parking. The residences offer views of the Gulf of Mexico and a nature preserve.

Naples Daily News, April 1, 2017