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Construction on New Trail Plaza recently began at 4644 N. Tamiami Trail in Sarasota, to provide affordable housing and modern amenities.
The development, funded with more than $30 million from Sarasota County’s ARPA program, the city of Sarasota, Truist and others, is set for completion by late 2025.
The property will feature 96 apartments in two buildings. Designed for those living at 30%, 60%, and 80% of the Area Median Income, preference will be given to families.
Amenities include a clubhouse, business center and playground. This initiative, by Blue Sky Communities, is an example of public-private collaboration to address housing needs.
– Janelle Irwin, Florida Politics