Armando Codina to Move into Top Skyhome, Joined by Royal Caribbean’s Richard Fain
Two iconic leaders embrace a bold new chapter in The City Beautiful—replacing sprawling estates with sky-high sanctuaries at Coral Gables’ most exclusive residential address
In a defining moment for luxury residential development in South Florida, Armando Codina, the visionary developer behind Regency Parc, has announced he will be moving into the top-floor Skyhome of the tower he designed to reflect the evolving lifestyle needs of individuals like himself. In a significant endorsement of this concept, Richard Fain, Executive Chairman of Royal Caribbean Cruises, Ltd., will be joining him in the Skyhome directly below—claiming the second and last remaining full-floor residence in the building.
Together, these two storied leaders—both of whom have shaped industries and skylines—will be calling Regency Parc home, marking a shift in how successful individuals are choosing to live in the next stage of life.
From Estates to Elevated Living
After more than four decades in his family estate, Codina began envisioning a better way to simplify without sacrifice. “I wanted to be in control of my future,” Codina said. “The burden of managing a large estate no longer served my lifestyle. I wasn’t willing to compromise on space, privacy, or beauty—so I decided to create the alternative myself.”
The result is Regency Parc, a one-of-a-kind residential tower in the heart of Coral Gables that offers a curated collection of ultra-luxury homes—including three full-floor Skyhomes designed for those who value scale, discretion, and sophistication.
Leaders in the Sky
Now, Codina and Fain will occupy the two highest Skyhomes in the tower, each spanning over 12,000 square feet and offering panoramic views, private elevator access, and expansive, estate-like living—all within a vertical sanctuary. Their decisions to live at Regency Parc are not only deeply personal, but serve as a powerful testament to the building’s singular vision.
Fain, who helped steer Royal Caribbean Cruises into a global powerhouse, is no stranger to high standards. His choice to call Regency Parc home speaks volumes about the building’s design, service offering, and location. With Codina and Fain now both residents, Regency Parc becomes a community of distinction, designed for those who have led at the highest levels and are now ready to live at the highest level.
The Ultimate Urban Estate
Regency Parc delivers the benefits of estate living without the burdens. Residents enjoy the privacy of a single-family home, but with the security, services, and convenience of a luxury tower—including round-the-clock security, concierge support, and access to the best of Coral Gables, from world-class restaurants to cultural landmarks, just steps away.
Its location, just a few blocks from emergency services, also ensures priority reconnection to power in the event of storms, and sits safely outside flood and evacuation zones—providing rare peace of mind in South Florida.
A Defining Moment in Residential Living
Codina’s and Fain’s moves signal a broader seismic shift in the residential market, where individuals with the means and the foresight are choosing to transform their equity into freedom, embracing high-design residences that support ease of travel, vibrant lifestyles, and an enduring sense of place.
“In many ways, Regency Parc is about legacy,” said Codina. “It’s about building something that reflects how we want to live—not just today, but into the future. I built this for myself, for others like me, and I’m incredibly proud that leaders like Richard Fain see the value in that vision too.”
At Regency Parc, estate living is no longer bound to the ground—it has risen to new heights, with two of South Florida’s most influential figures leading the way.