149 luxury condos will be delivered from 2023 to 2026 in 3 projects. Aventon, a 372 unit apartment project, gains City Commission approval despite the Airport Authorities litigation to prevent it. Tourism sees good news, a new flight from SRQ to Raleigh/ Durham, NC, and bad news, active Red Tide in the area. New businesses … Continue reading Luxury and controversy are a part of the residential developments moving forward in SRQ.
VETERAN’S DAY, ALLOWS US TO HONOR OUR VETERANS. “This nation will remain the land of the free only so long as it is the home of the brave.” – Elmer Davis Today we express gratitude in honoring all current and former members of the Armed Services and their families. As we honor the commitment, sacrifice … Continue reading VETERAN’S DAY, ALLOWS US TO HONOR OUR VETERANS.
We stand together in supporting our fellow residents and businesses across the state. Relief and aid is availble in this time of need. Home & Business Recovery Resources Apply for FEMA Assistance:Florida homeowners and renters in certain counties affected by Hurricane Ian may apply for FEMA disaster assistance. DisasterAssistance.gov Call (800) 621-3362 from 7 a.m. – … Continue reading Recovery: Drawing on Florida’s Strength
New residential development in East Sarasota County is planned. Fishman’s Hawk in Punta Gorda works to expand. Charlotte County airport celebrates new functional space. Parrish Charter school submits plans. Multi-family rents for the month of August show a much-needed decline of 1.5%.
Our region is influenced by sales, governmental approvals, business openings, and closing. A Naples organization purchased $9 + million in luxury condos in Sarasota, a mid island Longboat Key and former Bath and Racquet project work toward approvals. Competition in the hospital industry results in the Venice Regional Hospital shuttering. Three major projects at various … Continue reading Influences Are Abundant Across The Region
Dwellings for residents, hospital patients, and car storage are moving forward in various stages throughout our region. · Groundbreaking for 256 affordable housing units in Manatee County and car condos in Lakewood Ranch. · 303 multi family units in North Venice moves toward planning approval. · New 100 bed hospital planned for North Port. All … Continue reading Regional Development Expands
452 home sites are being considered in Venice, 600 adult housing apartments are planned for the region, and a manufactured home community sells in Manatee County for nearly $70 million.
From Lakewood Ranch’s Slim Chicken to a new Assisted Living facility coming to Englewood, our community keeps growing while struggling to deal with low availability and high rental rates for multi-family housing. The Sarasota/Manatee region has just been ranked as the #8 highest priced rental market of 185 areas in the U.S.
It was truly an honor to be interviewed by the Business Observer and to share my perspective on the state of Sarasota-Manatee Commercial Real Estate for 2021. Q1 2020 office market was strong with $118 million in sales, or almost double the sales volume of 2019 for the same period. The office market YTD at … Continue reading Humbled to be Featured in the Business Observer