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Structural framework completed at new 300-unit Sarasota complex

The Gainesville developer expects to open leasing in the spring and to finish the entire project later this year.

Construction on the Sorrento apartment complex in Sarasota is expected to be complete in October.
Construction on the Sorrento apartment complex in Sarasota is expected to be complete in October.
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The Gainesville-based developer behind a 300-unit apartment complex in Sarasota has completed the structural portion of the project and expects to begin leasing in May.

The Collier Cos. held a topping off ceremony at the complex, called Sorrento, last week to mark the completion of the framework of the project, which included setting the final roof trusses.

Collier says in a statement that to “mark this achievement, an evergreen tree is placed on top of the building, symbolizing the hard work and dedication that went into reaching this point and wishing good luck to future residents.”

Sorrento is being built just off Fruitville Road, east of Interstate 75.

When complete it will have 10 different floor plans — six one-bedrooms, three different two-bedrooms and one three-bedroom — and a fairly common amenities package by today’s standards, with a pool, a fitness center, a pet spa and office workspace.

Although the leasing is expected to begin in late spring, construction is not expected to be complete until October.

The Collier Cos. was founded in 1972. The company owns more than 12,000 apartments in Florida, Georgia and Oklahoma, including 53 complexes, either in development or already open, in Florida.



Louis Llovio

Louis Llovio is the commercial real estate editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.

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