The DeMarcay Sets Groundbreaking Date and Releases New High-Tech Collateral

Business

SRQ DAILY FRESHLY SQUEEZED CONTENT EVERY MORNING THURSDAY OCT 24, 2019

The DeMarcay, a luxury residential condominium project in downtown Sarasota by GK Development, will break ground in November 2019 and is unveiling finalized views of the interior finishes for its lobby and clubroom. The groundbreaking will mark the beginning of the process for preserving the two historic facades and selected interior materials from the former hotel and cigar factory situated on the current site. “We are using the original tin tiles on the ceiling in a portion of the new lobby,” said Marcie Blanco, president of Ma’am Design Collective, the firm designing the building’s interior. “We will also be utilizing the original interior doors as decorative wall installations in the common halls, among other elements that will honor the site’s unique Sarasota history.” The newly released renderings and virtual reality tours showcase The DeMarcay’s lobby and rooftop clubroom featuring panoramic bayfront and city views. Located directly across the street from the project at 32 S. Palm Avenue in Sarasota, buyers can visit the showroom and sales gallery to view the variety of new visuals. Visitors can also see a scaled replica of the building, experience virtual reality of each residence, see two vignettes of the well-appointed kitchens and bathrooms and hold samples of the interior finishes. 

The 18-story building will boast valet parking, concierge services and a resort-style rooftop pool with expansive waterfront views of the Gulf of Mexico and Sarasota Bay. Ranging from 1,144 to 3,106 square feet, the floor plans will have the flexibility to combine units for larger square footage. A one-bedroom residence with a den starts at $650,000, with two-bedroom and three-bedroom residences available. Construction is slated for completion by summer 2021. 

Rendering courtesy of Te DeMarcay.

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