What is all the new construction?
It is impossible to not notice the construction boom in and around downtown Sarasota lately, whether it’s hearing the beep-beep-beeping of backing up construction vehicles or watching the cranes lift support beams into place, new buildings are going up everywhere. The downtown area is playing catch-up on demand in several areas:
additional condominium residences
Let’s take a look at what’s rising up around downtown in these various areas.
BLVD - 500-540 N. Tamiami Tr. 51 condos + retail & restaurant space
Vanguard Lofts - 1343 4th St 6 townhomes
Risdon on 5th - 1350 5th St 22 condos
Courtyard at Citrus - 505-555 N. Orange Ave (Phase II) 28 condos + commericial space
The Ritz Carlton Residences - located at old Quay site 73 condos + retail, office, & restaurant space
The Pearl - 609 Golden Gate Point 8 condos
688 - 688 Golden Gate Point 8 condos
BOLD Lofts - 1697 2nd St. 97 residences + office space
The DeSota - 1401-1445 2nd St. 180 apartments + commercial space
CitySide - 850 Cocoanut Ave. (Phase II) 235 apartments + commercial space
Elan Rosemary Apartments - 710 N. Lemon Ave. 286 apartments
Arcos Apartments - 1401 Fruitville Rd. 228 apartments + retail space
TBA by Choice Hotels - 1351-1365 Fruitville Rd. 118 rooms
Embassy Suites - 202 N. Tamiami Tr. 180 rooms
Sarasota Modern Hotel - 1242 Blvd of the Arts 81 rooms
With all this new development, the landscape of Sarasota is certainly changing. Apartments will bring a new demographic to downtown; hotels will make downtown a vacation destination instead of just the keys (or, let’s face it, annual residents’ guest rooms!); the additional condo space will meet a seemingly unending demand for access to our beautiful town. Here’s to the future of Sarasota!