Plan for development at Sarasota’s former Quay waterfront site is gelling, and site work is expected in 2016.
Source: www.businessobserverfl.com
A long dormant tract of line is finally getting a new life. The former Quay project was purchased by a new firm who plans to start horizontal construction in 2016.
As $50 million in infrastructure that would be required before vertical construction could begin on the 15 acre site just outside of downtown Sarasota. Entitlements already in place would allow for as many as 700 residences, a 175-room hotel and nearly 230,000 square feet of retail and office space