Bold Outlook

Why it matters: The affordable, or attainable, housing issue plagues many west coast Florida communities.

Sarasota entrepreneur and real estate investor Jesse Biter hopes to fulfill a long-held dream this summer: the opening of an apartment project in downtown Sarasota, 97 units, with rent rates set to attract young professionals.

The $24 million development, part of Biter's BOLD co-work space brand, on one hand, is one of many new housing projects in downtown Sarasota. And the project, BOLD Lofts, with units between 650 and 1,200 square feet, isn't technically affordable housing.