Hotel gets $25 million boost it needs to go skyward

Construction is expected to wrap up in 24 months.

  • By Business Observer Staff
  • | 2:00 p.m. February 15, 2022
The Palmetto Sheraton at the Bradenton Area Convention Center is going vertical now with a $25 million construction loan from Centennial Bank. (Courtesy photo)
The Palmetto Sheraton at the Bradenton Area Convention Center is going vertical now with a $25 million construction loan from Centennial Bank. (Courtesy photo)
  • Manatee-Sarasota
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PALMETTO — A $15 billion bank recently provided a major boost for construction to go vertical on a Sheraton-branded hotel in Palmetto, north Manatee County. 

 

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