The Quay development project that had been dormant for a decade is now in full flow. Market conditions have encouraged and dictated the need for a concentrated residential footprint. This section of Downtown Sarasota will include High Rise Towers, retail, and restaurants as well as a one-acre green space serving as a waterfront park.
Already completed is the Ritz Carlton Residences, a luxury 18-story condominium as well as Belle Haven, a historic building dating back to the 1920s that has been totally renovated.
Bayso another luxury condominium building is in the midst of construction, with units almost all sold out. There will also be multi-family buildings for leasing with retail space below, with completion aimed at late 2023.
BUILDINGS DELIVERED IN 2022-2023
The Collection (next to Public Library)
- 10 stories
- 3, 4 & 5 bedrooms
- 12 total units
- 10 SOLD
- 2 units available: Pool villa $900 SF & PH $1500 SF
- Delivery October 2022
Evolution (Golden Gate Pointe)
- 10 stories
- 3, 4 & 5 bedrooms
- 20 total units
- 18 SOLD
- 2 units available: PH available @ $4.1m & $4.3m)
- Delivery December 2022
DeMarcay (Palm Ave)
- 18 stories
- 1, 2 & 3 bedrooms
- 39 total units
- 34 SOLD
- 5 units available: $900k to $4.2m)
- Delivery Q4 2023
Bayso (Quay Site)
- 18 stories
- 2 & 3 bedrooms
- 149 total units
- 2 units available: PH only $3.0m
- Delivery Q4 2023
NEW CONSTRUCTION PRE-SALES
The Edge
- 10 stories
- 2 & 3 bedrooms
- 27 total units
- 5 SOLD; need 14 sold to move forward
- Prices starting at $1.9m – $3.7m
One Park
- 18 stories
- 2, 3 & 4 bedrooms
- 149 total units
- 12 SOLD; need 40% sold to move forward
- Prices starting at $1.9m – $14.5m
One Park
- 11 stories
- 3 & 4 bedrooms
- 65 total units
- 10 SOLD
- Prices starting at $5.0m – $16.0m
- Delivery Q4 2025
OFF-MAKRET NEW DELVELOPMENT
5630 Gulf of Mexico Drive – Bayside
- 8 Units
- 4 bedroom + Den
- Price at $1,000 SF
Palm Avenue – Developer of Sansara
- High-rise development
Diversity of use will contribute to the success of the development, with the high concentration of residents ensuring the viability of the restaurants and retail on the site.
