- December 13, 2025
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Benderson Development, one of the two firms behind the mega mall planned at the University Town Center, has begun the initial pitch for a hotel and shopping center on U.S 41 near the entrance to Siesta Key.
The Sarasota County Development Review Committee heard a pre-application presentation June 19 for Siesta Promenade. For that project, Benderson announced plans to build a 150-room hotel and 250,000 square feet of retail space in 12 structures at the intersection of South Tamiami Trail and Stickney Point Road, according to a site plan.
“We envision a place where customers will park once, window shop, have a nice dinner or just ice cream and simply enjoy another quality Sarasota experience,” Benderson Director of Development Todd Mathes told the Sarasota Observer.