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City of Sarasota Logo
NEWS RELEASE
City Hall
1565 First Street
Sarasota, FL 34236

For Immediate Release: March 6, 2007

DATE SET FOR
PALM AVENUE DECISION

Sarasota, FL: The Community Redevelopment Agency (CRA) has rescheduled the date and time it will select a developer for the redevelopment of city owned property fronting Palm Avenue. The selection will be made during a special CRA meeting Fri., March 23, 2007 from 1pm – 5pm in the Commission Chambers within City Hall, located at 1565 First Street.

On Thurs., February 22, 2007, the Community Redevelopment Agency Advisory Board (CRAAB) ranked four developers for the proposed project in the following order:

1. Benderson Development Company
2. Florida Main Street LLC
3. Roskamp & Patterson
4. John Buck Company & The Leiter Group

During the special CRA meeting, the CRA will hear public input, discuss the CRAAB’s recommendation, and decide which proposer will redevelop the city owned property on Palm Avenue.

Release Contact: Jan Thornburg, Public Information Officer 941-954-4160
jan.thornburg@sarasotagov.com

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