Construction may now begin on Mira Mar Residences, the revenue-generating condominium development that is planned to fund the restoration of the historic Mira Mar building along 400 feet of frontage on South Palm Avenue. This week, the city of Sarasota issued the construction permit on the twin 18-story towers that will house 70 luxury condominiums.
All tenants of the Mira Mar building have moved out of the more than 100-year-old structure and initial construction will focus primarily on the rehabilitation of the historic portions of the existing buildings. Work will then shift to preliminary construction of the residential towers before returning to finish the rehabilitation project.
“This is an incredibly important milestone that has been years in the making,” said Patrick DiPinto, owner of Seaward Development and developer of Mira Mar Residences in a news release. “It officially kicks off the rehabilitation portion of the project, and to be stewards of the history and legacy at this site is an incredibly humbling position that we take very seriously.”…