sotastg on January 19, 2023
East of Orange Avenue, Sarasota’s main drag seems to drop off into something that resembles less of a bustling downtown. But SOTA Hotel & Residences, scheduled to break ground this summer, may change that. We wrote about plans for the 16-storied mixed project last year while it was still awaiting final approvals from the City of Sarasota.
Now, it’s a sure thing.
The $115 million project “will elevate the second half of Main Street and tie up loose ends with the other, busier end of downtown,” says Rodrigo Trepp of Trepp Developments, which is heading up the project.
Broker participation is welcomed and encouraged. ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE. This project has been filed in the state of Florida and no other state. This is not an offer to sell or solicitation of offers to buy the condominium units in states where such offer or solicitation cannot be made. Prices and availability are subject to change at any time without notice.
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