« Back To SRQ Daily Archive

SRQ DAILY Oct 17, 2016

Monday Business Edition

Please allow images to view this email properly

Monday Business Edition

"The density boost is critical because it really wasn't feasible for us or others to develop an economically sustainable project with only 25 units an acre."

- Bruce Weiner, CitySide
 

[Government]  Florida Makes The List For Most Tax-Friendly States
,

Every year Kiplinger reveals its annual list of the most and least tax-friendly states for retirees. Its 2016 retiree tax map reveals senior tax breaks across all 50 states, and compares taxes on income (including social security benefits, pensions and other forms of retirement income), property, everyday purchases and your estate. As seen above, Alaska placed first for the most tax-friendly and Florida was ranked no. 6 out of 10. Vermont was ranked no. 1 as the least tax-friendly state for retirees.  

[Development]  CitySide Sparking Rosemary Revitalization?
Jacob Ogles, jacob.ogles@srqme.com

One of the most watched development projects in the Rosemary District could house its first residents before the end of the year. CitySide, a four-story apartment complex located near Boulevard of the Arts and Florida Avenue, just opened its model apartments and has started leasing spaces. Rosalyne Holdings founder Bruce Weiner says around 40 people are already signed up to move in come December, and he anticipates as more projects come online in the neighborhood, interest in CitySide will skyrocket. “The more people we can get in the Rosemary District, the more people will want to live there and the more likely it is shops and restaurants and bars and convenience stores will continue to open there,” Weiner says.

The arrival of tenants could also signal a long-awaited revitalization of a promising neighborhood, according to commercial real estate agent Ian Black. “Every time I go down there, I have to pinch myself,” says Black, owner of Ian Black Real Estate. “Right now, it’s quite incredible. I’ve only waited 25 years for this.” He says that projects like CitySide, which will soon bring 228 new residences to the area in its first phase, will make the region more attractive to new residents and businesses. “It’s Economics 101 that if you increase the supply, it will have an impact on affordability,” he says.

The development group announced the hire of a new leasing manager, Travis Block. CitySide includes apartments ranging in size from 572 square feet up to 1,403 square feet. Rents will run from about $1,000 for smaller units up to around $2,400 for two-bedroom apartments. Weiner says because of demand for apartments for young professionals, many of the units will be studios and one-bedroom apartments. But it’s not just young people showing interest; some active 55- to 65-year-olds have shown interest in the larger units. 

From a planning perspective, CitySide also brings to life an experiment in density for Sarasota. Weiner worked for a year with city planners on a proposal allowing up to 75 units per acre in a concentrated part of the Rosemary District. “The density boost is critical because it really wasn’t feasible for us or others to develop an economically sustainable project with only 25 units an acre,” he says. “The numbers just don’t work.” It proved easier to convince city officials to approve the plan than many expected. Now, the attempt at urban rentals will be put to the test in the marketplace. 

[Exec Moves]  George Mato Joins Miromar Lakes as Vice President of Sales

George Mato has been appointed as vice president of sales for Miromar Realty at Miromar Beach and Golf Club. A licensed Florida real estate agent, Mato brings more than 30 years of experience in South Florida’s residential real estate market for oceanfront condominiums, country club resort communities and mixed-use urban developments. Mato has provided exclusive sales and marketing leadership management for Florida’s most prestigious landmark signature luxury communities including most recently The Ritz-Carlton Residences Miami Beach/Palm Beach.  

Miromar Beach and Golf Club

[Recognition]  McFadden Earns Neurofeedback Certification

Sharon McFadden, of MindSpa Integrative Wellness Center, was recently certified in neurofeedback by the Biofeedback Certification International Alliance, after a year under the mentorship of MindSpa’s Dr. George Rozelle, passing her certification exam at the recent annual meeting of the International Society for Neurofeedback and Research. McFadden graduated Cum Laude from Chaminade University in Hawaii with a bachelor’s degree in education. MindSpa provides a wide range of clinical and spa services to support patients and clients of all ages. 

MindSpa Sarasota

[Hiring]  Gilpin and Eplin Join Gulf Coast Community Foundation

Hermione Gilpin and Samantha Eplin have joined Gulf Coast Community Foundation as a philanthropic advisor and new office manager, respectively. Gilpin will work primarily with Gulf Coast donors to advance the foundation’s mission and build charitable endowments for the region. Previously employed as a major gifts officer at Asolo Repertory Theatre, Gilpin brings extensive knowledge of philanthropy, the arts and nonprofit development to the Gulf Coast team. Eplin comes to the foundation from Gulf Coast Medical Group’s Regional Cardiac & Vascular Associates, where she supported a four-cardiologist medical office. Eplin also has worked as student director at Lift Church in Venice and served numerous local nonprofits in a volunteer capacity.   

Gulf Coast Community Foundation

SRQ Media Group

SRQ DAILY is produced by SRQ | The Magazine. Note: The views and opinions expressed in the Saturday Perspectives Edition and in the Letters department of SRQ DAILY are those of the author(s) and do not imply endorsement by SRQ Media. Senior Editor Jacob Ogles edits the Saturday Perspective Edition, Letters and Guest Contributor columns.In the CocoTele department, SRQ DAILY is providing excerpts from news releases as a public service. Reference to any specific product or entity does not constitute an endorsement or recommendation by SRQ DAILY. The views expressed by individuals are their own and their appearance in this section does not imply an endorsement of them or any entity they represent. For rates on SRQ DAILY banner advertising and sponsored content opportunities, please contact Ashley Ryan Cannon at 941-365-7702 x211 or via email

Copyright © 2024 by SRQ Media Group, 331 South Pineapple Avenue, Sarasota, FL 34236.
Powered by Sarasota Web Design | Unsubscribe

Read More

Where Oil Meets Water

Where Oil Meets Water

Phil Lederer | Mar 1, 2024

Freedom to Wander

Freedom to Wander

Laura Paquette | Mar 1, 2024

Drive and Dine

Drive and Dine

Laura Paquette | Mar 1, 2024

A Mesmerizing Journey

A Mesmerizing Journey

Barbie Heit | Mar 1, 2024