Developer begins branding Sarasota luxury condo project on site of Hyatt

Kolter Urban releases details for the Hyatt redevelopment project to include 117 luxury condos and the Hyatt Centric Harborside hotel. An appeal of a Planning Board adjustment remains pending.

By Andrew Warfield
| 3:30 p.m. February 27, 2025
| 0 Free Articles Remaining!

A rendering by SB Architects of 1000 Boulevard of the Arts, which will include 117 condominiums in the west tower (right) and a Hyatt Centric Harborside hotel in the east.

Manatee-Sarasota

Although it has not received a full blessing of Sarasota city officials, Delray Beach developer Kolter Urban has announced the launch of sales for 1000 Boulevard of the Arts, currently the site of the downtown Hyatt Regency hotel.

Once approved, the project — which Kolter officials previously estimated to cost $250 million — includes demolishing the Hyatt, which was built in 1970. Kolter Group, doing business as KT Sarasota Bay, purchased the Hyatt property in July 2022 for $30.67 million.