First peek of major downtown Sarasota redevelopment

Main Plaza originally dates back to 1985.

Belpointe REIT Inc. of Greenwich, Connecticut, began construction on One Main in October 2020.

A 2022 rendering of One Main Plaza, which is within 5 miles of 168,130 people.

Some of the sidewalks at One Main will be 20 feet.

Retail spaces between 1,500 square feet and 22,000 square feet will be available at One Main.

One Main Plaza will replace the 259,000-square-foot Main Plaza at the western gateway to downtown Sarasota.

The retail component of Main Plaza includes plans for 1,200 parking spaces.

Belpointe REIT Inc. acquired 8.6 acres of the roughly 10-acre Main Plaza site in December 2019 for $20 million.

Plans for One Main include two 10-story towers with 418 luxury apartments.

One Main Plaza is in a federally designated Opportunity Zone.