A $350 Million Waterfront Community Is Coming to Naples — Sales Launch in January

A major new luxury development is officially underway just one mile from downtown Naples, and it’s already generating buzz across the local real-estate scene. The Halcyon Residences & Marina — a $350 million canal-front community from Henley US and Naples-based Gillette Development — has secured full entitlements, clearing the final hurdle before sales begin in January. The upscale project combines high-end residences, extensive amenities and a private marina, transforming a once-overlooked piece of Davis Boulevard into one of the city’s next signature waterfront destinations.

The location at 1933 Davis Blvd. has seen its share of reinvention. Once home to a pawn shop, the site is now poised for an entirely different trajectory: a master-planned residential enclave designed to tap into Naples’ growing appetite for luxury waterfront living. Just minutes from Fifth Avenue South and the Gordon River Greenway, the property offers proximity to downtown while still set along a peaceful canal.

The Halcyon will feature 66 estate-style residences, with prices ranging from $2.99 million to $7 million. Floorplans span 2,190 to 3,375 square feet, and every unit emphasizes privacy, light and indoor-outdoor flow. Designs include windows on two to three sides, expansive terraces with full outdoor kitchens, private elevator access, walk-in butler pantries, and natural stone finishes throughout — all signatures of high-end coastal construction.

This is not a dense tower concept. It’s a curated residential experience targeting buyers who want the space, privacy and finishes of a single-family home without the maintenance.

Halcyon’s amenity program is striking: more than 55,000 square feet of features spread across multiple levels and buildings. Plans include:

And perhaps the most defining feature: a 120-slip private marina, offering direct canal access and lifestyle appeal that aligns with Naples’ boating culture.

Sales officially begin January 2026, handled exclusively by Christine Lutz of the Dawn McKenna Group, one of the region’s top luxury real-estate teams. Buyers will preview residences through an immersive on-site gallery designed to replicate the look and feel of the finished product — a strategy intended to create early momentum before groundbreaking.

With entitlements now locked, the development timeline is set:

Given the scale of the project — from the full amenity deck to the private marina — the multi-year build is expected, but developers say the long runway allows for precision in finishing and design.

The Halcyon arrives during a period of sustained demand for luxury coastal living in Naples, despite higher interest rates and construction costs. Canal-front product this close to downtown is rare, and the inclusion of a marina places the project in direct competition with other top-tier coastal communities.

For locals, the project will reshape a key stretch of Davis Boulevard and bring renewed investment into an older corridor. For buyers, it offers a blend of privacy, boating access and luxury amenities that few developments in Naples can match.