What Kolter Urban does

Kolter Urban is the luxury urban residential division of The Kolter Group LLC, a privately-held diversified real estate conglomerate headquartered in Delray Beach, Florida. Founded in 1993 at the parent level and operating as a distinct high-rise condominium development division since the early 2010s, Kolter Urban develops branded and unbranded luxury condominium towers in prime waterfront and downtown locations across Florida and Georgia, with active projects in Tampa Bay, Sarasota, Naples, Fort Lauderdale, St. Petersburg, West Palm Beach, Boca Raton, and Atlanta Buckhead. The company sells directly to ultra-high-net-worth individuals through proprietary sales galleries, on-site sales teams, and exclusive broker relationships including Premier Sotheby's International Realty, with select projects delivered under The Ritz-Carlton (Marriott International) brand. Notable projects include Art House St. Petersburg (42-story, 244 residences), The Ritz-Carlton Residences Sarasota Bay (78 residences from $3.7M), One Tampa (54-story, city's tallest), Selene Fort Lauderdale, and The Dillon Buckhead (sold out March 2026).

The business model is one-time unit sale at closing, with no recurring revenue stream: each condominium is sold once for a premium price, making revenue cyclical and project-cycle dependent. Pricing is quote-based through sales galleries and not publicly disclosed on the corporate website, though disclosed tier pricing starts at $3.7M for Ritz-Carlton Residences Sarasota Bay and exceeds $7M for Saltaire penthouses. Capital-intensive operations are funded through large construction loans — including a $240 million facility for the Selene Oceanfront Residences in Fort Lauderdale and an $182 million Bank OZK facility in April 2024 — alongside premium land acquisitions ($92.5 million Naples site in January 2025; $38 million Atlanta site in March 2025; $11 million Piedmont Park site in December 2025). Post-sale operations are institutionalized through property management partnerships with FirstService Residential across multiple Florida towers.

Kolter Urban is led by President Bob Vail (with Kolter since 1997) and regional presidents Brian Van Slyke (West Florida) and Aaron Taulbee (Atlanta), supported by a team of development executives and senior project managers with cumulative experience delivering tens of thousands of units across high-rise residential and commercial sectors. The company differentiates on prime downtown and waterfront locations, Ritz-Carlton brand affiliation for flagship projects, 20+ years of luxury development track record, and an in-house construction oversight model. No proprietary technology platform, AI/ML capability, app, or API offering is referenced; technology use is limited to standard digital marketing operations. The company is privately-held within The Kolter Group umbrella and has no external institutional or venture investment identified.

Name

Kolter Urban

Legal name

Kolter Urban LLC

Website

https://kolterurban.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

51–100 employees

Short description

Kolter Urban is the luxury high-rise condominium development division of The Kolter Group, building branded and unbranded luxury towers in waterfront and downtown locations across Florida and Georgia for ultra-high-net-worth buyers, with flagship Ritz-Carlton partnership and direct-to-buyer sales galleries.

Ownership category

akta.pro rank

Product category

Luxury Residential Real Estate Development

NAICS

Residential Building Construction (23611)

SIC

Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Luxury Vacation Homes & Residences (THAMAEAB)

akta.pro secondary industries

Villas & Luxury Estates (THAMAAAC), Luxury Villas & Residences Resorts (THAGACAM)

Keywords

• Luxury condominium development
• High-rise residential real estate
• Waterfront property development
• Luxury urban residential
• Premium real estate developer

Headquarters

HQ city

Delray Beach

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Luxury Condominium Sales: Kolter Urban generates revenue through the development and direct sale of luxury high-rise condominiums. Revenue is one-time per unit at closing. The company develops in prime waterfront and downtown urban locations across Florida and Georgia, targeting ultra-high-net-worth buyers. No recurring revenue streams are indicated.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Kolter Urban develops and sells luxury high-rise condominium residences in prime waterfront and downtown locations across Florida and Georgia. Each project is a distinct branded property (e.g., Art House St. Petersburg, The Ritz-Carlton Residences Sarasota Bay, One Tampa, Selene Fort Lauderdale, Elyse Buckhead) featuring premium finishes, resort-style amenities (rooftop pools, spas, concierge, co-working lounges, guest suites), and personalized Design Studio options, targeting ultra-high-net-worth individual buyers.

Product overview

Kolter Urban is a luxury real estate development company specializing in high-rise condominium development across the Southeastern United States, primarily in Florida and Georgia. The company's portfolio consists of multiple distinct luxury high-rise residential projects, each developed as a separate branded property. The portfolio includes waterfront and downtown luxury condominiums ranging from boutique towers to large-scale 50+ story developments. Key active projects include Art House St. Petersburg (42-story, 244 residences), The Ritz-Carlton Residences Sarasota Bay (78 residences, $3.7M+), One Tampa (54-story, city's tallest), Selene Fort Lauderdale (tallest on Fort Lauderdale Beach), The Island at West Bay (86 residences), Elyse Buckhead (third Atlanta tower), 3300 Gulf Shore Naples (twin-tower), Maison d'Or West Palm Beach (boutique with 10,000 sq ft penthouse), and Olana Naples (ultra-luxury beachfront). Completed projects include Saltaire (35-story, sold out), One St. Petersburg, Hyde Park House, Bayso, and The Dillon. Kolter Urban operates as part of The Kolter Group LLC, bringing over 20 years of innovative residential development experience.

Differentiator

Problem solved

Functional benefit

Products and services

• Art House St. Petersburg A 42-story luxury high-rise tower with 244 residences in downtown St. Petersburg, Florida, featuring a co-working lounge, rooftop pool, spa, theater, and guest suites. Property management is provided by FirstService Residential.
• The Ritz-Carlton Residences, Sarasota Bay A branded waterfront luxury condominium development at The Quay waterfront district in Sarasota, Florida, offering 78 grand waterfront residences priced from $3.7 million with Ritz-Carlton branding, design standards, and lifestyle positioning. Expected Q4 2026 delivery. Buyers personalize homes through the Design Studio.
• One Tampa A 54-story luxury residential tower in downtown Tampa, Florida, representing the city's tallest residential tower.
• Selene Fort Lauderdale Oceanfront residences on Fort Lauderdale Beach, Florida; the tallest tower on Fort Lauderdale Beach featuring luxury condominiums.
• The Island at West Bay A luxury high-rise development within the West Bay Club community in Estero, Florida, featuring 86 residences with premium amenities including a rooftop pool and exclusive access to West Bay Club amenities.
• Elyse Buckhead Luxury condominium tower in Buckhead, Atlanta, Georgia — Kolter Urban's third tower development in the Buckhead area.
• 1000 Boulevard of the Arts Luxury condominiums in Sarasota, Florida, located at 1000 Boulevard of the Arts.
• 3300 Gulf Shore A 51-unit twin-tower luxury waterfront development in Naples, Florida, along the Gulf Shore 'Miracle Mile' area.
• Maison d'Or Boutique luxury tower in West Palm Beach, Florida, featuring a 10,000-square-foot penthouse — described as the largest penthouse in a boutique tower per January 2026 Robb Report coverage.
• Olana Naples Ultra-luxury beachfront residences in Naples, Florida featuring oceanfront great rooms with floor-to-ceiling glass. Served as Grand Crew Sponsor of the Naples Winter Wine Festival supporting children and education.
• Saltaire A 35-story luxury condo tower in downtown St. Petersburg, Florida, completed in 2023 with penthouses selling for over $7 million.
• One St. Petersburg Luxury high-rise in downtown St. Petersburg, Florida; one of the city's tallest buildings.
• Hyde Park House Luxury condominium tower in Tampa, Florida.
• 100 Las Olas Fort Lauderdale's tallest building featuring luxury condominiums and hotel components on Las Olas Boulevard.
• The Dillon Luxury condo tower on Peachtree Road in Buckhead, Atlanta; sold out in March 2026 after four years from project launch.
• Graydon Buckhead First luxury condo tower by Kolter Urban in Buckhead, Atlanta, Georgia; early 2022 opening, marking Kolter Urban's Atlanta market entry.
• Bayso Luxury high-rise at The Quay in Sarasota, Florida; sold out in record time.
• Vue Sarasota Bay Luxury waterfront condominiums in Sarasota, Florida.
• Moderne Boca Luxury condominiums in Boca Raton, Florida.
• Water Club North Palm Beach Luxury condominiums in North Palm Beach, Florida.
• 5000 North Ocean The Palm Beaches Luxury oceanfront condominiums in The Palm Beaches, Florida.

Quantifiable outcome

• Over $80 million in sales activity reported in Sarasota market in 2026
• +3 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core, minor and flagship.

• FirstService ResidentialcoreChannel Partner/ Reseller/ Distributor · 16 May 2026FirstService Residential has been selected by Kolter Urban to manage Art House St. Petersburg, a 42-story, 244-residence luxury high-rise tower in downtown St. Petersburg, Florida. The partnership builds on previous collaborations including ONE St. Petersburg, Hyde Park House, Saltaire, and Vue Sarasota Bay. FirstService provides property management, lifestyle services, and hospitality-driven resident experience for the building, which is now welcoming its first residents. The two companies have an established working relationship across multiple Florida luxury high-rises.
• Premier Sotheby's International RealtycoreChannel Partner/ Reseller/ Distributor · 16 December 2025Premier Sotheby's International Realty has been appointed as the exclusive representative for The Island at West Bay, a new luxury high-rise development by Kolter Urban located within the West Bay Club community in Estero, Florida. The development features 86 residences with premium amenities including a rooftop pool and exclusive access to the West Bay Club's amenities, targeting luxury buyers. Premier Sotheby's global network provides access to high-net-worth buyers.
• BH Group (with Kolter Urban)minorStrategic or Co-development Partner · 15 January 2024Kolter Urban teamed up with BH Group to redevelop the White House Inn site in North Miami and acquired a Miami-Dade County development site for $20 million. This is a co-development partnership for a specific North Miami project (Solana Bay).
• The Ritz-Carlton (Marriott International)flagshipStrategic or Co-development Partner · 19 December 2022Kolter Urban is developing The Ritz-Carlton Residences, Sarasota Bay at The Quay waterfront district in Sarasota, Florida — a branded luxury residential project. The 78 grand waterfront residences are priced from $3.7 million with expected Q4 2026 delivery. The project features Ritz-Carlton branding, design standards, and lifestyle positioning. This is a flagship partnership enabling premium pricing and brand recognition. Kolter Urban also previously developed The Ritz-Carlton Residences in Sarasota (completed).

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• The Witkoff Group: Florida-active luxury real estate developer with high-rise condo and mixed-use projects (e.g., The Estates at Acqualina, Plaza-branded towers). Comparable in targeting luxury Florida condo buyers with similar amenity and service positioning.
• Fortune International Group: Long-standing luxury condominium developer in South Florida (e.g., Ritz-Carlton Sunny Isles, Porsche Design Tower, The Ritz-Carlton Residences Miami Beach). Closely comparable to Kolter Urban as a luxury Florida condo developer working with Ritz-Carlton and similar branded-residence mandates.
• Related Group: Largest luxury condominium developer in Florida, with a deep South Florida high-rise portfolio (e.g., Paramount Miami Worldcenter, SLS Brickell, Residences by Armani/Casa). Directly comparable as a Florida-focused luxury condo developer selling to UHNW buyers at similar price points.
• Two Roads Development: Luxury condominium developer active in South Florida, with projects including Resnick Center-adjacent towers and other branded high-rises. Directly comparable as a Florida-based luxury condo developer targeting the same UHNW buyer.
• Terra Group: Miami-based luxury residential and mixed-use developer with multiple branded high-rise condo projects (e.g., Eighty Seven Park, Park Grove). Comparable Florida luxury condo developer with similar buyer profile and amenity strategy.
• PMG (Property Markets Group): Miami-based luxury condo developer behind branded projects such as Aston Martin Residences and Residences at 1428 Brickell. Closely comparable to Kolter Urban as a branded luxury condo developer targeting UHNW Florida buyers with $3M+ price points.

Broad incumbents

• The Related Companies: Large national luxury and mixed-use developer (e.g., 100 Museum Miami, The Grove at Grand Bay). Comparable in delivering branded luxury high-rise residences in Florida at premium price points, though materially larger and more diversified than Kolter Urban.
• Swire Properties: Hong Kong-based developer with a U.S. luxury residential footprint (e.g., Brickell City Centre residences, Reach and Rise at Brickell City Centre). Comparable as a luxury branded-condo developer operating in Florida at the high end of the market, though broader in geography and asset class.

Others

• Douglas Elliman Development Marketing: Luxury real estate brokerage and new-development marketing arm that sells many Florida luxury condo projects. Comparable as a channel peer — competing with Premier Sotheby's International Realty for exclusive sales representation mandates on luxury condo launches.

Emerging players

• Auberge Resorts Collection (Auberge Beach Residences): Operates branded luxury beachfront residences in Fort Lauderdale and Naples, often in partnership with developers. Comparable as a luxury branded-residence operator that competes for the same UHNW beachfront condo buyer in Florida.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/kolterurban
• LinkedInlinkedin.com/company/undefined

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kolter Urban