Fresh off development of the Q town homes on Ringling Boulevard, Jebco Ventures has submitted preliminary plans for more than 150 condominiums on North Tamiami Trail.
Jim Bridges hopes to pick up where other investors left off and successfully redevelop more than eight acres on the North Trail.
Bridges’ firm, Jebco Ventures, is scheduled for a pre-application conference with the city of Sarasota’s Development Review Committee Aug. 5, to vet preliminary plans for roughly 150 condominiums behind the La Quinta Inn and Suites on the 1800 block of North Tamiami Trail. The land is currently owned by two firms managed by Kim Githler.
“I’ve done a lot of developments and I’ve been in business in a long time,” Bridges said. “This is probably one of the most exciting that I’ve been involved with.”
The plans are currently split into three phases, the first of which would consist of 76 waterfront condos over parking along Whitaker Bayou and boat slips to service the development. The second phase would bring 80 units online around a central pool area while the developer hopes to work with city staff on a third phase that could include new commercial space along the North Trail.
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