Kolter unveils Ritz-Carlton Sarasota residences

Capping nearly a year of negotiations with Kansas-based resort owner SLAB LLC, the Kolter Group has unveiled plans for an 18-story residential tower adjacent to the Ritz-Carlton Sarasota hotel.

The Grande, as the West Palm Beach-based developer's latest Sarasota offering is being called, will feature 86 luxury residences priced from $2 million to $5 million.

The project will contain a series of three- and four-bedroom units with amenities ranging from a rooftop swimming pool to a modern fitness center.