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Sarasota Thursday, Mar. 17, 2016 5 years ago

Golden Gate redevelopment moves forward

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The firm planning a new condo building in Golden Gate Point has filed renderings with the city.
by: Alex Mahadevan News Innovation Editor

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.”

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