Yesterday, Florida YIMBY reported on Madison Midtown, a 240-unit multi-family development on Florida’s Space Coast. Now, we’re reporting on another project in developer Madison Capital Group’s pipeline: Madison Bradenton.
Multi-Housing News reports that the Manatee County venture, which will also offer 240 one-bedroom to three-bedroom residences, will occupy part of the now-defunct Desoto Square Mall property’s parking lot. The site spans 7.5 acres, southwest of a now-shuttered Sears.
The venture would be in the Desoto Square Mall’s parking lot, which closed in 2021. Image from Google Earth
In-unit features include stainless steel appliances, full-size washers and dryers, and “above-standard-height ceilings”. Residents will enjoy access to the community cyber lounge, along with a resort-style swimming pool with cabanas. Yield Pro notes that the community will comprise five four-story buildings. It will cost around $60 million to complete.
More development is expected to reshape the Desoto Square Mall, which operated from 1973 to 2021. CRJ Bradenton LLC, which purchased 58 acres of the mall’s property, envisions having the property being divided into parcels and then sold off to other developers, who will in turn use it for residential and retail endeavors.
Our sources list Madison Bradenton’s address as 302 Cortez Road W., Bradenton, FL, 34207, in Manatee County. It would be south of the Bradenton River and north of Sarasota Bradenton International Airport.
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