Meshad's JWM Management proposing 10-story hotel

A developer has submitted plans to build a 10-story hotel and apartment tower at one of downtown Sarasota's most visible corners.

Preliminary plans for the project, named “One Palm,” at the corner of Palm Avenue and Ringling Boulevard, describe hotel and apartment units surrounding a central courtyard.

The project is slated for an acre of vacant land at the southern corner of a 2.95-acre property at 240 S. Pineapple Ave. The vacant land on the propertyhas sat undeveloped since 1986, when earlier plans to develop a hotel on the site fell through. That project had called for a pair of office towers and a 250-room Radisson Hotel. Radisson withdrew when developer JBS Ltd. defaulted on a loan and could no longer afford to build the project.