$35M build-to-rent project with 125 units planned near UTC mall

Marquesa Capital Partners, a multifamily investor and developer with several projects in the works locally, has bought 11.6 acres just off University Parkway, a few miles west of Interstate 75 and The Mall at University Town Center.

Peter Olesiewicz, the firm’s principal, says in an email that the plan is to build a 125-unit build-to-rent community on the property. The property is on the Sarasota County side of University, near the DeSoto Lakes neighborhood and the Tabernacle Church.

“We acquired the parcel yesterday and are actively working through our engineering so we can take it through site plan approval,” Olesiewicz writes in an email Tuesday.