High-rise under construction

COURTESY RENDERING Artist's rendering of the Moraya Bay Beach Tower just under construction in North Naples. Units in the condominium begin at just over $3 million.

Construction has commenced on the Moraya Bay Beach Tower, an 11-story beachfront luxury high-rise on Vanderbilt Beach in North Naples developed by Signature Communities, Inc.

Glenn Griffin, the vice president of sales and marketing for Signature Communities, said construction of the Moraya Bay Beach Tower is expected to take approximately two years. When completed, the Beach Tower will consist of 72 luxury condominium residences in nine residential stories over two parking and amenities levels. Eight floor plans will be offered, all of which will be threebedrooms/ three-and-a-half bath designs ranging from approximately 4,000 to 4,500 square feet of living area. Prices start at $3.275 million. Information about the Moraya Bay Beach Tower is available at the information and sales center, 465 Bluebill Ave., one block west of Vanderbilt Drive.