Updates and new developments added

4,000 new downtown Sarasota residences are completed or planned

New condominium construction in downtown Sarasota
Construction - A new downtown skyline is emerging that is different than in this photo taken on Tamiami Trail in 2016 that shows the Embassy Hotel and Vue

The residence construction page on our website tracks new community developments that are in the planning, under construction and recently completed stages. Currently there are 41 new developments on the list from Venice to Bradenton. There is a brief description, photo and more information on listings if they are in the Multiple Listing Service. There is contact information to reserve a unit if they are not in MLS. When available there is a link for more information and floor plans.

The Sarasota Herald-Tribune this month reported that 4,000 new residences are completed or planned in the Sarasota downtown area. In that total are units planned on the existing Quay site, just north of the Ritz-Carlton, that may take a decade to complete. On the new construction page I added 11 new communities last week. These new developments will add 1,664 of residence inventory, the boom is continuing in Sarasota.

And infrastructure continues to improve to support these new structures at Tamiami Trail and Ringling Boulevard. An extra lane was added to turn left on Tamiami coming off the bridge from Bird and Lido keys. A roundabout is planned at the Fruitville intersection one block to the north that will support additional traffic created by new residents of the VUE, Quay and Golden Gate Point. Additional lanes are in progress for Tamiami Trail heading north out of town.

BLVD Sarasota
BLVD Sarasota will have 51 luxury residences

Groundbreaking is expected within the next couple of months for 51 luxury residences in 18 stories in the BLVD Sarasota at 540 N. Tamiami Trail downtown on the old CoCentrix property. Developers want new owners of these residences to have everything they need in one building with entertainment, restaurant, dog park and rooftop infinity pool. There are four different floor plans ranging in size from 3,550 to 3,900 square feet of living space. Currently there are three listings in MLS with an expected move-in date in 2019.

Across the street on Tamiami Trail, The Grande is expected to be the first residence building on the vacant Quay lot. Planned by the developers of the recently completed VUE Sarasota Westin Hotel and residences, the Kolter Group of West Palm Beach will lead the Quay development and extend the amenities of the Ritz-Carlton through an elevated pedestrian bridge connecting the two communities. They are now accepting reservations but there is no completion date set for The Grande. Plans are to use 73 of the 695 total residences approved for the Quay property. It will be another 18-story complex with room for a 9,500 square-foot restaurant. In February it was announced that Ashford Hospitality Prime Inc. of Dallas purchased the Ritz-Carlton Sarasota, beach club on Lido Key and the Ritz-Carlton member golf course on University Parkway.

One of the newest communities announced in downtown Sarasota is 605 Gulfstream. Reservations will open next month and advertising is ongoing with information about this new building. In a press release by Seaward Development, the floor plans and common areas are inspired by the infamous Sarasota School of Architecture and the firm of Nichols, Brosch, Wurst, Wolfe & Associates. There will be private elevator access to the 24 half and full-floor residences. Amenities are to include an oversized lap pool, wellness center and rooftop terrace.

Whitaker Lofts in Sarasota
Whitaker Lofts - Modernistic design for 21 residences near Whitaker Gateway Park and Rosemary District

Yet another community of 21 residences on Tamiami Trail downtown is an announcement from the AIA Tampa Bay Firm of the Year in 2016, Halflants + Pichette Studio for Modern Architecture. This planned community, Whitaker Lofts, near Whitaker Gateway Park and the resurging Rosemary District does not have a completion date set. The two story units of 1,500 square feet will have a private rooftop terrace in this modernistic designed building.

Another Rosemary District enclave was announced for 1st and Audubon, with 32 townhomes south of 1st Street in Sarasota. Icon Residential from Tampa is the developer of these homes that have two-car garages and rooftop terraces. The company has not listed a start or completion date.

Plans are moving forward in other areas around Sarasota too. On Friday the Longboat Key town commission approved development of the vacant site of the old Colony Beach & Tennis Resort, shuttered for over a decade. The commission approved the 166 room luxury St. Regis hotel and 78 condominium community on the 17.6 acre site. With the vote the complex will drain the tourism pool of units created by a referendum of Longboat Key voters, but a hint of adding more with another referendum will be introduced to voters at a future date.

Lakewood National Golf and Country Club
Lakewood National Golf and Country Club

Large community development is underway in Lakewood Ranch and Bradenton. Under construction are 1,100 residences built around a 36-hole championship golf course designed by Arnold Palmer at The Lakewood National Golf and Country Club. A development project of 207 residences that started in 2015 is nearing completion at the Palma Sola Bay Club in Bradenton. And the theme of Jimmy Buffett’s Margaritaville casual lifestyle at Harbour Isle is set for the 132-unit complex on Perico Island at 12300 Manatee Avenue, Bradenton. Floor plans of two and three bedrooms are listed and owners have access to an on-site deep-water marina.

Reservations this year will open for four residences on Lido Key at St Armands Place. Each four-bedroom residence will have 2,742 square feet of living space, three outdoor terraces and five-car garages. The Oceane residences on Siesta Key has active listings for its six luxury floor plans of four bedrooms each and two or three car garages. Completion is set for the summer of 2019. Views of Venice Beach is the lifestyle set for 15 two-bedroom luxury units at Che Vista. A room listed as a den can be converted to a third bedroom.

I added three new listings to my inventory of homes and condominiums for sale. Harbor Acres is an enclave of luxury homes and my listing at 1352 Harbor Drive is a wonderful example of living the good lifestyle on the Sarasota Bay waterfront. A seventh-floor Carlyle floor plan residence at 535 Sanctuary Dr, #C707 overlooks the Gulf of Mexico, with Sarasota bay and city views, ready for your enjoyment. The third is a beautifully updated and charming two-bedroom residence at 603 Longboat Club Rd, #504N, Longboat Key Towers. Please contact me at (941) 387-1840 for an exclusive showing or if you have a property to sell or buy.

Address List Price Media Slideshow
1352 Harbor Drive $3,795,000 Video Photo Slideshow
535 Sanctuary Dr, #C707 $1,499,000   Photo Slideshow
603 Longboat Club Rd, #504N $999,000   Photo Slideshow

 

Call us at (941) 387-1840 for an exclusive showing