New co-developer for Ritz-Carlton Residences in Hammock Dunes announced

Unicorp National Developments, Inc. will be join forces with BH Group to co-develop The Ritz-Carlton Residences, Hammock Dunes. The project is expected to be completed in 2027.


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  • | 8:30 a.m. July 16, 2025
A rendering of the future Ritz-Carlton condo buildings. Courtesy photo
A rendering of the future Ritz-Carlton condo buildings. Courtesy photo
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BH Group, developers of the Ritz-Carlton Residences, Hammock Dunes, has announced that Unicorp National Developments, Inc. has joined in as a co-developer of the luxury residence buildings.

The partnership combines Unicorp's proven expertise in transformative development with BH Group's track record in delivering world-class luxury residential communities, a BH Group press release said.

In June, both penthouses in the project’s North Tower were reserved for a combined $20 million – the highest residential transactions ever recorded in Flagler County. The milestone underscores growing demand for branded luxury residences in Northeast Florida, the press release said.

The Hammock Dunes project will span more than six acres and features two oceanfront towers with 128 private residences. It is the final residential development in the Hammock Dunes master plan and the homes will include "expansive balconies, 10-foot ceilings, private elevators" and more, the press release said. 

BH Group Founder and CEO Isaac Toledano said Unicorp has "consistently delivered projects that redefine what’s possible" in Florida residential development.

“They bring a level of vision and execution that’s rare in this business," Toledano said. "This collaboration is about combining that expertise with our own to make something that respects the character of Hammock Dunes, while introducing a level of luxury that hasn’t existed here before.”

Unicorp National Developments, led by President and Founder Chuck Whittall, has delivered over $5 billion in real estate projects, including master-planned communities, iconic mixed-use destinations, The Ritz-Carlton Residences, Orlando Grande Lakes, and the award-winning The St. Regis Longboat Key Resort and Residences, the press release said.

“Working with BH Group on this project brings together two teams that understand how to create places people want to live,” Whittall said. “BH Group has earned a reputation for delivering high-caliber developments across Florida. Combining that with the legendary service of The Ritz-Carlton and our focus on design will create a residential experience you won’t find anywhere else on this coastline.”

The project is expected to be completed in 2027, the press release said. For more information, please visit http://www.residenceshammockdunes.com.

 

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