County to revisit options for planned Kimpton Hotel site in Downtown Sarasota

County to revisit options for planned Kimpton Hotel site in Downtown Sarasota

by: David Conway News Editor via The Observer

As recently as November 2014, Rod Connelly was confident his vision for a Kimpton Hotel on county-owned land at U.S. 301 and Main Street would come to fruition.

Now, although Connelly is reportedly still pursuing those plans, the county is likely to reexamine its options for that land after the developer failed to close on a deal at the end of the year.

Connelly pitched the county on the hotel project in 2013, as the county solicited proposals for the .95-acre tract it owned at 20 N. Washington Blvd. By February 2014, he had gained approval from the County Commission to proceed with his plans, with a closing date on a land-swap deal set for Dec. 31.

Although development group SHD Partners submitted preliminary plans for the 10-story, 150-room hotel to the city in November, the deal with the county was never finalized — and so, county staff is preparing to revisit the solicitation process for the land in question.

For the complete article, CLICK HERE <——-

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