Thursday, July 27, 2006

More condos planned for downtown Sarasota

The new owner of the M&I Bank Building filed plans Wednesday with the city to develop a 10-story condominium tower on the downtown property.

Michigan-based Triton Cos. plans to build its 111-unit project atop an existing garage and on vacant land at the 240 S. Pineapple Ave. site.

"One Palm," as Triton's mixed-use condo tower will be called, also could become the first major structure built under downtown zoning rules that went into effect Jan. 1.

Go here to read the rest of the article:
http://heraldtribune.com/apps/pbcs.dll/article?AID=/20060727/BUSINESS/607270788

This a great location. It will be interesting to see if this project comes to fruition. I will keep you posted on any new news.

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