Tuesday, September 19, 2006

Proposed development in downtown Sarasota

Do you remember the planned development Plaza Verdi behind Sarasota News and Books on Palm Avenue? It never got off the ground because of complications with The Golden Apple Dinner Theatre. The city of Sarasota recently sought development ideas for the downtown tract.

Read the article.

5 developers came in with plans.

All five proposals would either provide "attainable" housing units or contributions to Sarasota County's Community Housing Trust.

Roskamp & Patterson's Royal Palm Court - Build 224 units for people 55 and older.

Benderson Development's Palm Plaza - 836 parking spaces; 315 hotel rooms, condos and senior living units; and office space.

Florida Main Street LLC, - 302 residential units, 852 parking spaces and ground-floor retail.

Buck/Leiter partnership - 150 residences, a 140-room hotel, 700 parking spaces and retail space.

Rocco Santomenno - 1,630 parking spaces and 90 rental apartments that would be owned by the housing trust.

Do we need affordable housing in one of Sarasota's most expensive areas?

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