City officials will spend the next few months convincing federal officials to approve $13.64 million in funding for the project. Public meetings will also be held.
The owner of the Ringling Shopping Center put up a chain-link fence that blocks a path from adjacent neighborhoods to Payne Park.
The developer has started the permitting process to renovate a building on Ocean Boulevard.
The project will add a modern feel to First Street, and house three single-floor condos and 3,200 square feet of commercial space.
A scheduling conflict between the city's performing-arts hall and Sarasota's only professional ballet company led to a canceled performance in April 2014.
Chapman leads recent fundraising reporting period; Propsosed Hub Pub requires variance open; Public invited to meet deputy chief candidates
The move would mean Burns Square property owners would be taxed an additional 2 mills to fund capital improvements such as better landscaping and lighting.