Artist's Court
This new apartment building, in planning process, is just across Washington Boulevard from the Terrace Building, just north of Towles Court, between Adams and Golf Streets.
Proposed earlier as 139 units with no attainable housing, as of December 2023 the revised proposal features 242 units, including 25 units priced as attainable housing (which is required under bonus density rules). 10-story Structure includes parking garage. The site has been fenced, and derilect buildings demolished. Developer wishes to begin construction in late 2024. |
About AFFORDABLE housing? Some projects include some affordable housing, often as a density bonus that allows them to build more units, larger and higher buildings. What does this actually mean? AMI (area median income) in 2024 for Sarasota area, for a family of 4, is $98,700 income per year. So "X" number of apartments committed to at 80% AMI doesn't mean the apartment will be inexpensive; rather, it will be considered affordable for tenants who make about $80,000 a year.
Units offered at 80% AMI: incomes for family of 4 up to about $80k, couple up to about $64k, single up to about $56k
50% AMI = considered affordable for family of 4 with income of $50k, couple $40k, single $35k;
30% AMI = considered affordable for family of 4 with income of $31k, couple $27k, single $21k.
Housing affordability is at crisis level in Sarasota; see more at City website about affordable housing initiatives.
Units offered at 80% AMI: incomes for family of 4 up to about $80k, couple up to about $64k, single up to about $56k
50% AMI = considered affordable for family of 4 with income of $50k, couple $40k, single $35k;
30% AMI = considered affordable for family of 4 with income of $31k, couple $27k, single $21k.
Housing affordability is at crisis level in Sarasota; see more at City website about affordable housing initiatives.
Resubmittal: 24-ASP-05, 24-ADS-03. Went to DRC (Development Review Committee) 3/20/24, which you can view, along with backup documents, from City Meetings Agendas Videos webpage.
22-ASP-09 Plans have been submitted and changed a number of times, from 2020 thru 2023. See City webpage for DRC Meeting 2/15/23 to see prior application backup documents. DRC did sign off on earlier version in October 2023.
Revised project must come back to City staff for new site plan approval. (Remember, Downtown Core developments need NOT go thru public hearings process.) Development Review Planner for City: Amy Bavin 941-263-6489 [email protected]
Revised project must come back to City staff for new site plan approval. (Remember, Downtown Core developments need NOT go thru public hearings process.) Development Review Planner for City: Amy Bavin 941-263-6489 [email protected]
Renderings of views from Adams Lane and from Washington Boulevard:
Prior, VERY PRIOR iteration: A21-ASP-01 Artist Court: a mixed-use building with approximately 4,026 square feet of commercial space, 69 apartments and a parking structure with approximately 166 spaces at the northwest quadrant of the Adams Lane and Washington Boulevard intersection. The property is currently occupied by three commercial buildings and a surface parking lot. The applicant proposes to demo the existing northern building and construct additional surface parking. Access to the existing and new parking lot will continue off Adams Lane. The new mixed-use building and parking garage will be accessed off Golf Street. The property is zoned Downtown Core (DTC).