New Development in East Sarasota
A new development is proposed for east Sarasota along Fruitville road, near I-75.
"The retail frenzy in Southwest Florida could be making a push east of Interstate 75 with a proposed mixed-use project on Fruitville Road......Although plans for "Sarasota Pointe" are still preliminary, DeBartolo managers working on the project say it could include up to 250,000 square feet of retail space, sit-down restaurants and a hotel."Office, retail and hotel are all part of the mixed use," said Chris Salemi, development officer for DeBartolo. "The demand is what tweaks the site plan."The project, with an undisclosed price tag, also is expected to have a residential component, probably in the form of condominiums.DeBartolo expects to submit plans for zoning of the property in August and hopes to start construction in the summer of 2006.........Shoppers can expect to see developers try to create a Main Street feel, in contrast with more traditional big-box and grocery-anchored centers along Fruitville Road."
There are plans for a a Lowes and Wal-Mart on Fruitville road as well.
The homes just east of I-75 once considered "too far out" will be viewed as convenient to town.
For more information read the article here:
http://www.heraldtribune.com/apps/pbcs.dll/article?AID=/20050526/BUSINESS/505260760
"The retail frenzy in Southwest Florida could be making a push east of Interstate 75 with a proposed mixed-use project on Fruitville Road......Although plans for "Sarasota Pointe" are still preliminary, DeBartolo managers working on the project say it could include up to 250,000 square feet of retail space, sit-down restaurants and a hotel."Office, retail and hotel are all part of the mixed use," said Chris Salemi, development officer for DeBartolo. "The demand is what tweaks the site plan."The project, with an undisclosed price tag, also is expected to have a residential component, probably in the form of condominiums.DeBartolo expects to submit plans for zoning of the property in August and hopes to start construction in the summer of 2006.........Shoppers can expect to see developers try to create a Main Street feel, in contrast with more traditional big-box and grocery-anchored centers along Fruitville Road."
There are plans for a a Lowes and Wal-Mart on Fruitville road as well.
The homes just east of I-75 once considered "too far out" will be viewed as convenient to town.
For more information read the article here:
http://www.heraldtribune.com/apps/pbcs.dll/article?AID=/20050526/BUSINESS/505260760
posted by Marc Rasmussen at
7:49 AM
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