Hitting the Mark

If Kolter Group's reservations for its latest Sarasota condominium project are any indication, the downtown residential market in Southwest Florida is healthy — and then some.

Since starting sales in late March, Palm Beach-based Kolter and Michael Saunders & Co., the Sarasota brokerage marketing the 157-unit complex, has taken $33 million in reservations.

Units in the Mark, which is being developed on a site downtown where the former Pineapple Square was envisioned, are being priced from $700,000 to $2 million.