Sarasota


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

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.

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Florida Studio Theatre Pursuing 11-Story Venture in Sarasota, FL

Florida Studio Theatre (FST) is the largest subscription theatre in the state. Now, it has big plans for a new multi-million-dollar venture in Sarasota, Florida. According to the company’s website, Florida State Theatre’s Art Plaza (called “Mulva Arts Plaza” in some sources) will measure 11 stories above grade.

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