While speaking before the Downtown Improvement District Board of Directors during a recent meeting, Downtown Sarasota Condominium Association board member David Lough advised of a looming deceleration of residential development in downtown proper, but not necessarily so in the greater downtown area.
Lough, who keeps detailed data of residential development in downtown and in his Rosemary District neighborhood, noted new development is migrating north and east of the Downtown Bayfront and Downtown Core zone districts as those become built-out.
Regarded by some in Sarasota government as an unofficial city employee because of his presence in most meetings of various boards that affect downtown development, Lough brought the receipts to educate the DID board members of what’s coming to the center city, and where new development hotspots are emerging…