Downtown Sarasota to get another condo tower

SARASOTA — A developer has filed preliminary plans for a project that would add another 18-story condo building near the bayfront in downtown Sarasota.

Core Development submitted information to Sarasota city officials for a project called The Boulevard Sarasota. The proposed development is on a little more than one acre, comprised of the properties at 500 and 540 N. Tamiami Trail, 1224 Blvd. of the Arts and 1235 Fifth Street. The project was first reported by the Sarasota Observer, sister paper of the Business Observer.

The plans include 51 residential units, 8,000 square feet of restaurant space and 8,300 square feet of retail/office space, the application states. Kevin Daves, president of Core Development, says the condos will be priced from $1.5 million to $5 million.