Prices on new Sarasota Ritz-Carlton condo tower to reach $12M

Developer Kolter Urban has revealed plans for the first part of a three-tower Ritz-Carlton Residences campus overlooking Sarasota Bay and downtown.

By Andrew Warfield
| 4:30 p.m. January 29, 2024
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Construction of the Ritz-Carlton Residences South Tower in The Quay is expected to begin this summer.

Manatee-Sarasota

More construction is on the way in The Quay Sarasota as Palm Beach-based developer Kolter Urban is set to begin development of the second installment of Ritz-Carlton Residences on the marina-facing Blocks 7 and 8.

The first of a planned three-tower project will add 78 luxury condominiums to The Quay, and with the recent announcement by Miami-based Property Markets Group to build One Park on Block 1, only Block 9, which is also owned by PMG, remains to be either planned or developed.