The town’s land-use regulations and Comprehensive Plan place strict limitations on the redevelopment of many multi-family and tourism properties. In short, you can only build to the size and scale of what you own. That may soon change.
The end of 2014 brought some eight-tentacled surprises to Mote Aquarium in Sarasota. On Dec. 26, Mote’s Caribbean pygmy octopuses — whose baby pictures made the national news earlier in 2014 — had babies of their own. More than 20 new babies from one mated pair are now hiding behind the scenes, currently too delicate [...]
According to the Sarasota Association of Realtors, despite a slower November sales month, the hot sales pace for the first 11 months of the year keeps Sarasota County on near-record pace for 2014, with the 10,621 closed sales coming in 364 sales ahead of the 2013 total at this time. With December 2014 sales already [...]
Year in Review 2014: Colony Lender, Unicorp control 2.3 acres and key assets; $23 million ruling hangs in balance
Although 2014 saw no resolution to the myriad of complex legal battles that would allow the Colony Beach and Tennis Resort to redevelop, there was progress on several fronts. On July 14, 2014, several critical assets, namely 2.3 acres that comprise the tennis courts and recreational amenities, were acquired by Colony Lender in agreement with [...]