Downtown Sarasota - Page 2 of 2

FAA Permits Filed For 321-Foot-Tall Tower, Poised To Be Sarasota’s Tallest Building

8:00 am on July 10, 2023 By Oscar Nunez

The Federal Aviation Administration (FAA) has received building permit applications for Obsidian Residences, an 18-story condominium tower planned for 1260 North Palm Avenue in Sarasota, Florida. This proposed tower, set to become the city’s tallest building, would stand at 321 feet. The development would feature just 14 residences in Sarasota’s downtown area with impressive ceiling heights ranging from 10 to 14 feet and interiors by Los Angeles-based Troy Adams. The project, developed by MK Equity Corporation, is situated on a 12,366-square-foot site and aims to replace an aged commercial plaza adjacent to the Bay Plaza Condominium. It is also conveniently situated across the street from the Art Ovation Hotel and Palm Avenue Parking Garage.

PMG And JEBCO Ventures Launch One Park Sarasota With 149 Luxury Residences

8:00 am on December 9, 2021 By Oscar Nunez

National developer Property Markets Group and Sarasota-based JEBCO Ventures just recently announced the launch of One Park Sarasota, an 18-story, 149-unit luxury residential building set to rise in the heart of Downtown Sarasota’s Waterfront District. Designed by Sarasota-based Hoyt Architects, the building will span approximately 900,000 square feet and occupy the southwest corner of the junction with Boulevard of the Arts and North Tamiami Trail near Sarasota Bay . The property is located east of the historic Belle Haven Apartments, and will feature a multitude of lavish amenities, state-of-the-art smart building technology and incredible views of The Bay Park, Sarasota Bay and the growing city skyline. Chelsa Vahtomin and Robert Robinson of Coldwell Banker Realty in downtown Sarasota is the exclusive sales team.