CitySide Seeks to Stimulate Rosemary
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WEDNESDAY JUL 29, 2015 |
BY JACOB OGLES
When asked what sets the CitySide development apart from other projects in the city of Sarasota, developer Bruce Weiner chuckles. “It’s rental apartments,” he says. Sure, there’s a nice pool, a parking garage where residents can park on the floor where they live, and a tranquil private garden, but the fact the 228 units in the project’s first phase will all be rented instead of sold brings a type of housing the city could use more of than exists today.
That may be part of why there wasn’t as much traditional opposition to the project as one normally expects of dense developments in the city limits. The four-story apartment complex in the first phase sits on 2.6 acres. Of course, unlike other parts of town that frequently see cranes in the air, CitySide sits in the Rosemary, an area hungry for growth. “This came out of people saying we need more residential density,” said Debra Alward, chief operating officer for Longboat Enterprises.
Units are expected to rent out for between $1,000 for smaller spaces and mid-$2,000s for larger spots. For now, the project is built on residential and amenities, and the CitySide team wants to see the commercial area around the project fill in before venturing into building storefronts. Until then, the team commits to being good neighbors, and is hopeful the entire Rosemary area will get a stimulus once the complex opens its doors.
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