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$700 million worth of development projects take shape in Sarasota

Project leaders recently updated the Greater Sarasota Chamber of Commerce on the expected cultural and economic impacts of Mote, The Bay and more.

Construction of the $132 million Mote SEA is on schedule for opening by the end of 2024.
Construction of the $132 million Mote SEA is on schedule for opening by the end of 2024.
Courtesy image
  • Manatee-Sarasota
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From a $17 million community theater to an upwards of $275 million performing arts center, members of the Greater Sarasota Chamber of Commerce recently heard from leaders of five local organizations working to bring nearly $700 million in cultural and scientific research development projects to the region.

Speakers at the State of the Community luncheon held Jan. 31 included Marie Selby Botanical Gardens President and CEO Jennifer Rominiecki; Bay Park Conservancy Founding CEO AG Lafley; The Sarasota Players CEO William Skaggs; Sarasota Performing Arts Foundation Chairman Jim Travers; and Mote Marine Laboratory and Aquarium President and CEO Michael Crosby.

Each spoke about their respective projects and how they add to the cultural and economic vitality of the community.

Marie Selby Botanical Gardens

Rominiecki recently oversaw the completion of the first phase of the Selby Gardens master plan, a $51 million expansion that included a new parking structure called the Living Energy Access Facility, a new restaurant and gift shop, welcome center, research and office facilities and the conversion of the terminus of Palm Avenue from a street into a pedestrian walkway. The LEAF nearly doubled parking from 270 spaces to 450, and currently under installation is a solar array atop the structure that will make it the first net-positive energy botanical gardens in the world, gardens officials say.

The Jean Goldstein Welcome Center and the Morganroth Family Living Energy Access Facility
Photo by Ian Swaby

“Many people never realized Selby Gardens was privately owned, and at any time during our 50-year history the Board of Trustees could have sold parcels for high-density development. We never want that to happen,” Rominiecki says. “Probably one of the best aspects of the plan is codifying it as a botanical gardens."

To pay for the master plan work, a capital campaign has raised $57.1 million toward its $92 million goal, which includes $20 million for an endowment and operations.

The Bay

With the first of multiple phases of The Bay open for just over a year drawing 337,000 visitors, Lafley says late-stage planning for Phase 2 is underway. That round of work will focus on the south side the 10th Street boat launch, redevelopment and enhancements along Tamiami Trail including a rehab of Sarasota Municipal Auditorium, building a resilient shoreline along the bayfront and construction of the Sunset Pier.

As founding CEO of the Bay Park Conservancy, Lafley has helped lead a capital campaign that has raised more than $45 million toward its $100 million share of the estimated $200 million to build out all phases of the 53-acre, city-owned site over the next decade. 

The agreement between local government and BPC is for the city and county to pay half of the cost via a tax increment finance district immediately surrounding the park, and the BPC half through grants and philanthropy. A TIF is a value capture revenue tool that uses taxes on future gains in real estate values to pay for infrastructure improvements.

Sarasota Performing Arts Foundation

As Lafley mentioned, some of the TIF revenue can be applied toward a new performing arts center, which would be located within The Bay near Tamiami Trail at 10th Street, on the opposite corner of the parking lot from the Van Wezel Performing Arts Hall.

The architecture firm Renzo Piano Building Workshop of Genoa, Italy, has been selected to design the new building. And like The Bay, construction of the SPAC is proposed to be equally funded by an equal public-private partnership.

Travers says that like the Van Wezel, the proposed facility will serve generations five decades or more into the future. It helps that the organization recently named a CEO: Tania Castroverde Moskalenko

“This is transformational and multi-generational in terms of what we're trying to do," he says. "Obviously, it's got to be community driven and we're going to be doing a lot to get our messaging out from this point forward with Tania coming on board to make sure the community is engaged.”

The Sarasota Players

Formerly known as The Players Centre for Performing Arts, the city’s first cultural organization and community theater was founded in 1929. It is currently in negotiations with the city on its plans to renovate and expand Payne Park Auditorium for its new permanent home, a $17 million project intended to also accommodate several community performing arts organizations that need smaller venues.

Through its subsidiary The Stage at Payne Park, The Players has seeded a $17 million capital campaign with $4 million.

A conceptual plan for Payne Park Auditorium shows expansions to the building in dark gray and 96 spaces of paved parking.
Courtesy image

“It's more than just the project. We want to provide a sense of place, a place to call home,” Skaggs says. "We will be looking to the community to assist us in many different ways in building this out because these other organizations, for many of them, it's not just about looking for somewhere to perform, it’s about a sense of place.”

Expanding the building to 24,000 square feet will allow for a main theater space with flexible seating for multiple configurations. It can also serve as event space. The Players has entered into a 10-year, renewable lease with the city, and The Players and The Stage at Payne Park are responsible for all improvement and expansion costs.

Mote Marine Laboratory & Aquarium

With the new $132 million MOTE Science Education Aquarium taking ship shape next to Nathan Benderson Park, Crosby says the project is more than just the new aquarium, it’s also about the opportunity to expand its science and research operations at its current location on City Island.

At 110,000 square feet, the Mote SEA double its the size of the current aquarium. Its highly visible, more convenient location along Interstate 75, combined with its unique ark-shaped architecture, is expected to capture more visitors and better serve schools throughout the region.

“The science is the real jewel behind it all,” Crosby says. “We have truly grown into a global powerhouse of marine research and STEM education, and we wouldn't be that if it wasn't for this community. This is such an incredibly giving, supporting community for so many organizations.”

The Mote SEA remains on schedule, Crosby says, to open in winter 2024.

This article originally appeared on sister site


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