Following a $7 million acquisition, Atlanta-based Carter aims to start construction next week on a downtown Sarasota project originally conceived by local entrepreneur Jesse Biter. An Atlanta-based development firm, Carter, plans to begin construction next week on 180 apartments in downtown Sarasota, in a project that dates back at least three years. Its 10-story rental building, with ground-floor retail space and two floors of parking, is slated for completion sometime…
Read MoreSarasota to consider affordable apartment project
A proposal by Sarasota businessman Harvey Vengroff — one of a slew of apartment proposals and projects in the city — is the subject of a community meeting today. The complex that Vengroff proposes to build at 2211 Fruitville Road, east of downtown, would have 404 units within five six-story buildings. The units would range in size from 350 square feet for an efficiency to more than 800 square feet…
Read MoreBiter plans residential HuB
The HuB’s founder has a new housing project aimed at those who can’t currently afford to live downtown. Entrepreneur Jesse Biter is continuing his quest to add more attainable housing targeted at young professionals in downtown Sarasota. Now, he’s pursuing a plan to add 90 apartments next to his HuB business incubator. Brian Jones, president of Jones Development Co., is teaming with Biter Enterprises on the project. At Tuesday’s Downtown…
Read MoreWith land buy, Biter poised to start apartment project
Software entrepreneur Jesse Biter has acquired the final remaining parcel needed to bring his vision of downtown apartments to reality. A company owned by Biter bought the property at 1401 Second St. for $850,000 from CRA Holding LLC, a Sarasota company managed by Thomas A. Wood. Biter used a $450,000 mortgage from seller to help finance the deal, court records show. The 5,484-square-foot building and its 0.24-acre lot become Biter’s…
Read MoreJesse Biter shares his downtown Sarasota vision at Lakewood Ranch
Entrepreneur Jesse Biter took his vision for a more vibrant and affordable downtown Sarasota to this master-planned, city-in-the-making. His Thursday breakfast speech went over well, even considering the receptive crowd — about 130 members of the Lakewood Ranch Business Alliance, most of whom depend at least in part on the continued success of the 33,000-acre planned community. Biter, who sold a $2.5-million-a-month automotive sales software system to Auto Trader Group…
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