The firm planning a new condo building in Golden Gate Point has filed renderings with the city.
Redevelopment on a 22-acre peninsula in the heart of Sarasota is revving up, according to site plans filed with the city Wednesday.
Golden Gate Point Ventures has released renderings for a five-story, 8-unit condominium building in the center of the tony neighborhood. Designed by Sarasota-based Hoyt Architects, the complex will replace three buildings constructed before 1965.
The developer bought the 14,400-square-foot property for nearly $2 million this month. The move begins what some local builders believe will be a trend toward redevelopment.
“We’re running out of blank pieces of dirt,” said Golden Gate Point resident and architect Brent Parker in a previous interview with the Sarasota Observer. “Pretty much all the dirt on the water is gone, and it looks like the redevelopment of the center will be the next play.”
by: Alex Mahadevan News Innovation Editor