Palm Avenue hotel project up for review in Sarasota, FL via The Observer

Palm Avenue hotel project up for review in Sarasota, FL

Date: September 26, 2012
by: Roger Drouin | City Editor

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Here is some other downtown land available for SALE that would be a good fit as well! CLICK HERE <—-===

A 160-plus room boutique hotel planned for a vacant parcel of city-owned land would include a second floor pedestrian bridge connecting the hotel to the adjacent recently-constructed public parking garage on Palm Avenue.

A draft of a development agreement shows a hotel complete with luxury rooms, a destination restaurant, pool deck and business meeting rooms.

The whole project will be tied into Sarasota’s arts and cultural theme, and cater to tourists looking to stay at a four-star hotel.

On Monday, City Commissioners are slated to review the Proposal for Development agreement with Floridays Development Co.

The hotel developer will pay the city $2.5 for the hotel site, a vacant postage stamp parcel directly to the north of the Palm Avenue garage.

In June, a committee chose Floridays Development over an Embassy Suites hotel project submitted by Jebco Ventures Inc. and the McKibbon Hotel Group.

For the full article, CLICK HERE <——===

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