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16-Story Blended-Use Challenge to Substitute Il Panificio


16-Story Mixed-Use Project to Replace Il PanificioA brand new 16-story constructing is coming to downtown Sarasota in an area that’s at the moment dwelling to Il Panificio pizzeria.

It would have 120 lodge rooms, 35 residential models and 126 parking areas, and the bottom ground will embody a two-level restaurant open to the general public. The challenge will sit on practically half an acre on the nook of Goodrich Avenue and Predominant Road—land that’s at the moment dwelling to 3 single-story buildings: Il Panificio, Predominant Road Shoe Restore and Fringe Spa Salon. The brand new constructing will inherit the Panificio tackle of 1703 Predominant St., Sarasota.

The challenge would require the demolition of all three buildings. Il Panificio has been a well-liked vacation spot since 1991. For these of you mourning the loss, chin up: There’s one other location on Siesta Key.

Based on architectural drawings, the primary ground of the brand new constructing will probably be devoted to a two-story, 4,500-square-foot restaurant and foyer, and ranges two by way of 4 are for parking. The lodge begins on the fifth ground, the place visitors can entry a 2,032-square-foot bar and eating space, a swimming pool and a gymnasium. The lodge’s 120 models will span ranges six by way of 10 and can vary from 371 to 624 sq. ft.

Ranges 11 by way of 16 will probably be devoted to residential models, with six per ground, besides up on the prime, the place the sixteenth ground may have 5 penthouses. The models have two or three bedrooms and vary from 1,380 to 2,626 sq. ft.

The Kentucky firm Hospitality Group Sarasota Portfolio V LLC purchased the parcel from Sarasota’s NCN Realty LLC on March 29 for $5 million. NCN Realty is registered to Tracy Melone, who owns and manages Il Panificio. NCN bought the parcel in 2001 for $578,900.

The brand new challenge is led by Aventura-based Trepp Developments, which gained an exception to construct as much as 16 ranges due to a metropolis zoning code provision that permits the director of improvement companies to approve as much as two buildings that exceed the downtown core top restriction. In any other case, the peak restrict within the downtown core is 10 tales.

Whereas the challenge doesn’t have to return again to the Metropolis of Sarasota Improvement Assessment Committee for additional approval, there are nonetheless feedback from a number of metropolis departments the applicant should tackle earlier than last approval is granted.

Native agency Hoyt Architects is main the design and renderings are within the works. The agency can be designing the upcoming 18-story One Park luxurious condominium tower headed to the bayfront.

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