$10M Siesta Row Publix redevelopment proposed

The owner of the Shops at Siesta Row in Sarasota is planning a redevelopment project involving its anchor tenant.

Echo Realty, a privately based Pittsburgh company that owns grocery-anchored shopping centers around the United States, has proposed demolishing the Siesta Row Publix and rebuilding it in a project that is estimated to cost $10 million.

Currently, the Publix at 3825 S. Osprey Ave. is about 48,000 square feet, according to Echo Realty’s leasing brochure.