Wednesday, September 4, 2013

Development Along I-75 Corridor

The recent opening of the Publix-anchored Plaza Venezia shopping center near Venice is expected to be the catalyst for a development boom in the area flanking the Interstate 75 and Laurel Road interchange.

New homes, new stores, new jobs and new north-south thoroughfares are all on the way, creating the most active area in central Sarasota County for development.

Tenants are being found for vacant retail spaces, with plans for construction of at least 200,000 square feet more of stores and a possible medical complex also in the works.

More than 1,200 additional homes are either already approved or in the planning stages, with their buyers largely being higher-income families who will patronize those new shops.

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