Development closer to reshaping bayfront area as GreenPointe Communities wants to create an ‘urban village’ on the 15-acre site.
QUAY SARASOTA — The Sarasota Planning Board recommended approval of the freshly renamed Quay Sarasota, a potentially $1 billion project on the 15-acre bayfront site known for decades as Sarasota Quay.
Providing some new details, developer GreenPointe Communities said it wanted to develop an “urban village,” building on nine separate blocks of land over a period of up to 10 years.
A mixed-use condominium is now planned for the northeast corner of the property along U.S. 41. To the south will be two buildings of apartments with ground-floor retail along the North Trail.
Three condo towers are proposed on the bayfront side, with a hotel likely on the northwest corner of the tract, next to the Hyatt Regency.
A retail office is planned for the southeast corner, with retail, office and an entertainment district in the center.
A concept master plan includes the nine individual blocks of property for buildings, plus a waterfront district, marina and the restoration of the historic Belle Haven Hotel. Some of those blocks are separated by open areas for pedestrian and traffic flows. Two multi-use recreation trails are planned.
The developer hopes to attract a variety of large and small retailers to the complex, though no companies were mentioned.The project will include 2,600 parking spaces, for both the public and residents.
The city has plans to add 16 roundabouts over the next seven years, including a half-dozen along U.S. 41 north of Gulfstream. City planners have also pitched a “road diet” plan, still under consideration, that would shrink Fruitville road to two lanes on a small stretch in downtown and add three new roundabouts there.
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Sarasota Herald Tribune, August 2016