Sarasota Opera To Unveil New Artist Housing
Business
SRQ DAILY MONDAY BUSINESS EDITION
MONDAY MAR 20, 2017 |
Sarasota Opera will unveil its new artist housing—the Steinwachs Artist Residences—this Tuesday, March 21. Located at 1444 Boulevard of the Arts and developed by Dr. Mark Kauffman and partners, Rosemary Square will include retail, office space and condominium units. Sarasota Opera has purchased 30 units (16 three-bedroom, 8 two-bedroom and 6 one-bedroom apartments) in the new development which will serve to house artists and members of the artistic staff during the company’s fall and winter seasons. This new building has allowed the company to increase its available housing from 43 to 70 company members. Sarasota Opera sold its 16 unit Ringling Terrace Apartments in May of 2015 for $3 million and successfully fundraised the remaining $2.5 million to cover the balance of the costs.
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