Sarasota Approves Pineapple Square Development

Sarasota city commissioners approved the 13-story mixed use development in downtown Sarasota. Construction on Pineapple Square, the $200 million collection of condos, shops and parking is slated to begin in March. The development has 157 condos, 350 public parking spaces and 86,000 square feet of retail space. The development will be built in an area bounded by Pineapple Avenue and First Street on both sides of Lemon Avenue. Condos will range from priced from $480,000 to $1.15 million and will be completed in the fall of 2009. If you are interested in a condo in downtown Sarasota give me a call at 941-812-6272.

More Hotel Rooms for Downtown Sarasota

A local landowner is proposing to replace Patrick's Restaurant, a Main Street landmark for more than two decades, with an 18-story InterContinental Hotel with 121 rooms. Benderson Development Co. is planning a 332-room upscale hotel at the corner of Main Street and Orange Avenue and Ruben Holland Development is considering lodging for its project behind Main Plaza, at U.S. 301 and Main Street. With these 3 proposed hotels, The Quay's plans to add a hotel, The Hyatt's decision to not close and build condos and the grand opening of Hotel Indigo there won't be a shortage of places to stay in downtown Sarasota.

It will be interesting to see if the city will approve an 18 story hotel on the 11,000 square foot site that Patrick's restaurant currently resides.

With plenty of available hotel rooms Sarasota will be able to attract more conventions.