SARASOTA – The owner of the former Sarasota Quay property is taking initial steps toward development.
GreenPointe Communities, which paid $27 million for the 14-acre bayfront site last December, expects to submit a formal development plan to the city of Sarasota early next year.
The project, called “Sarasota Bayside,” will – for now – retain the scope of the development that was approved eight years ago, GreenPointe regional president Rick Harcrow said Tuesday.