Another large proposed development on Main Street has the potential to push more commercial activity east in downtown Sarasota with a planned 16-story hotel and condominium project.

SOTA Hotel & Residences would consist of 35 condos and 120 hotel rooms across two parcels of downtown property on the north side of Main Street. Plans call for the demolition of three buildings on the parcels, including the Italian pizzeria Il Panificio.

Rodrigo Trepp was visiting the east coast of Florida with his family on a half-vacation, half-site exploration tour for development sites for his company, Trepp Developments, when his financial partner, Michael Ealy, suggested he take a look at Sarasota.

Rodrigo Trepp was visiting the East Coast of Florida with his family on a half-vacation, half-site exploration tour for development sites for his company, Trepp Developments, when his financial partner, Michael Ealy, suggested he take a look at Sarasota. 

That was in December 2019, just before the world turned upside-down, but the city and Gulf Coast made a lasting impression. So much so that Trepp assembled a local team of well-known development and real estate names — Hoyt Architects, Michael Saunders and Joel Freedman — to help bring to life the Bolivia-based company’s first U.S. project, SOTA Residences & Hotel, to the corner of Main Street and Goodrich Avenue.

Internationally known Trepp Developments LLC President Rodrigo Trepp has announced his expansion from South America to Florida’s West Coast. He has assembled a local team of real estate experts with plans to develop a variety of luxury residential and commercial developments throughout Sarasota and Tampa Bay.

Get ready for yet another new building on added to the downtown cityscape! This one is called The Sota and it will add some excitement to this corner of downtown. Ready to find out more? Couture’s got you covered.

The Sota: Everything You Need To Know

Trepp Developments President Rodrigo Trepp has expanded from South America to Florida’s West Coast with the development of Sota Hotel & Residences, a mixed-use project in downtown Sarasota.]

“My vision for our new Sarasota headquarters begins with the creation of the SOTA Hotel & Residences, which will be our first Trepp Developments project,” says Rodrigo Trepp, president of Trepp Developments. “We assembled what I call a best-of-the-best A team to design and market a sophisticated mixed-use project to include a boutique hotel and luxury residences located in the heart of downtown.”

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.

A new 16-story building is coming to downtown Sarasota in a space that’s currently home to Il Panificio pizzeria.

It will have 120 hotel rooms, 35 residential units and 126 parking spaces, and the ground floor will include a two-level restaurant open to the public. The project will sit on nearly half an acre on the corner of Goodrich Avenue and Main Street—land that is currently home to three single-story buildings: Il Panificio, Main Street Shoe Repair and Fringe Spa Salon. The new building will inherit the Panificio address of 1703 Main St., Sarasota…

A developer has filed plans with the city to construct a 17-story building with 129 hotel rooms and 54 residential units at 1703 Main St.

If approved, the building would be Main Street’s only hotel and one of the tallest structures in Sarasota east of Five Points.

The applicant, Aventura, Florida-based Trepp Developments, is requesting a special exception to the 10-story height limit for properties in the downtown core. The city’s zoning code includes a provision that allows the director of development services to approve up to two buildings that exceed the downtown core height restriction, allowing projects up to 180 feet tall….