Sunday, January 07, 2007

2007 will be an exciting year for downtown Sarasota

This will be an exciting year for downtown Sarasota. The Quay project planning a $1 billion revamp, the coming 12 months will be used to finalize designs for 700 residences, a hotel, upscale shops, offices and parking on the 15 acres of waterfront land. The pink Quay building itself will come down in 2007. This area will eventually be known as Sarasota Bayside instead of The Quay.

The Pineapple Square project is a $200 million mix of condos, parking and high-end stores is scheduled to start in 2007.

In mid December, the city gave the approval for the project. Two retail tenants, Brooks Brothers and Sur La Table, have committed to opening stores.

Benderson Development Co. will likely start on the overhaul of the 13-story Bank of America Building on Main Steet. They are planning to add a 332-room luxury hotel, residences and hundreds of parking spaces.

The Atrium on Ringling, a 17-story collection of condos and office space represented by SKY Sotheby's International Realty will start in 2007.

RMC Property Group Inc. and Ram Development will finish up Broadway Promenade, the new Publix supermarket and Broadway Bar & Grille.

Rivolta Group's long-awaited Rivo on Ringling, a 13-story condo tower with retail and office space ringing it.

Other downtown condos finishing up in 2007 will Kanaya, 1350 Main and Alinari.

If you want action you can find it in downtown Sarasota.

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