Stock buys Sarasota acreage for $10 million

Land is part of the larger "Fruitville Initiative" plan


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  • | 6:00 a.m. June 1, 2018
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Stock Development has had plans to construct an apartment complex on land east of Interstate 75 in Sarasota for months. Now, though, the Naples-based company’s development envelope may have expanded significantly.

That’s because a Stock affiliate has purchased a 41-acre tract there once planned for a mix of uses, including apartments, 180,000 square feet of office and retail space, a 150-room hotel and open space.

 

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