Kolter closes on Ritz-Carlton Residences land in Sarasota on Quay site

Kolter Group's $19.3 million deal paves way for new condo tower

By Kevin McQuaid
| 10:00 p.m. March 21, 2018
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Commercial Real Estate

With a handful of projects in Sarasota and St. Petersburg either well under way or recently completed, The Kolter Group has turned its sights to its next project: A 73-unit luxury condo tower in Sarasota.

The West Palm Beach-based developer recently closed on the one-acre tract within GreenPointe Communities’ Sarasota Quay project, where it plans to build the Ritz-Carlton Residences Sarasota.