Palm Avenue hotel project up for review in Sarasota, FL
Date: September 26, 2012
by: Roger Drouin | City Editor
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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 <——===