66-unit condo project across from Selby Gardens gets initial OK

With few comments remaining to be addressed, a 66-unit, mixed-use condominium development on Mound Street, just outside downtown Sarasota, has received partial sign-off from the city’s Development Review Committee on only its first resubmittal.

Located between Orange and Pineapple avenues directly across from Marie Selby Botanical Gardens, the development currently named 777 South Palm Avenue Condos, proposed by Unilog Group of Miami, will be the first development to take advantage of both the city’s affordable housing bonus density program and its new Transfer of Development Rights historic preservation initiative.

Standing on 1.1 acres on the former Kodra Professional Center building, five of the 66 residences will be priced as affordable per the city’s program. It will be one building of varying height up to seven stories with 17,946 square feet of commercial space. A five-story podium used for parking will be integrated into the building.