Saturday, September 21, 2013

Developers See Major Improvements for Sarasota, Florida


A rebounding economy has developers in Sarasota, Florida rolling out new projects and city officials touting infrastructure improvements at a greater pace than any time since the market's crash six years ago.

Combined, the investments could dramatically reshape Sarasota's urban core — with new condominiums, hotel towers, more landscaped sidewalks and traffic roundabouts along U.S. 41 from the bayfront to University Parkway.

The list of ambitious new proposals follows a near-halt of commercial development during the Great Recession. With housing making a comeback, and visiting tourists opening up their wallets in record numbers, officials now believe the timing is again right to discuss redevelopment plans that, in some cases, date back more than a decade.

Read more at: Sarasota Herald-Tribune

No comments:

Post a Comment