Hospitality-News.net The Ritz-Carlton Club and Residences, South Beach announced plans to develop an additional tower of wholly-owned residences on the west side of Collins Avenue and 29th Street. This 55-residence expansion marks a rare occurrence for a residential development on Miami Beach spanning from the Atlantic Ocean to Indian Creek. Three other residential towers, also part of the development, are being constructed along the ocean, including the historically preserved Seville Beach Hotel.