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The Sea Castle resort on Siesta Key is scheduled be razed as a new “Private Residence Club” operated by Hyatt Hotels Corp. is planned for its replacement. Michigan based Triton Cos. is the developer. Contruction on the $100 million factional share development begins 2008 on the Siesta Key site. |
Forty-five high end residences are anticipated to replace the existing 50 units of Sea Castle. Each unit will be approximately 2000 sq. ft. and a full time staff and concierge will be available for residents of this new Siesta Key real estate development. Franctional shares will be sold for less than Siesta Key beachfront property, although not inexpensive.
Read entire story in from the the real estate section of the Sarasota Herald Tribune.
If you are interested in more information on Siesta Key real estate, Annette Smith and Nick Herron of the Herron Group are ready to assist you in the changing Sarasota FL real estate market. Email us for a list of available luxury Sarasota waterfront homes if Florida luxury real estate is your choice.
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