The race to go vertical with the first condominium tower in downtown Sarasota since the real estate market’s 2007 crash has a new contestant.
A Chicago-based development group has filed plans to build a 10-story building at Pineapple Avenue and Ringling Boulevard, on land it has owned for more than eight years and had tried to sell.
The $30 million Sansara project joins a series of other luxury condo developments that have been proposed in and around downtown since the market’s resurgence.