Sarasota News Leader

01/03/2014

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Sarasota News Leader January 3, 2014 homes. Since the TDRs would be used to build new units, the thinking went, the price should not be weighed down by sales figures for foreclosures and other distressed properties. But the County Commission decides to offer the county's first 100 TDRs at a quarter of staff's recommended price of $17,850. Commissioner Joe Barbetta says discussion of the issue has dragged out for years and that the only way to determine a fair price is to sell the TDRs at a low figure and start debating offers. Page 59 The Sarasota County Commission on June 5 gives a unanimous thumbs-up to a proposal to redevelop a mostly abandoned shopping center right across South Tamiami Trail from Westfield Sarasota Square mall. The property in question sits to the southwest of U.S. 41 and to the east of Vamo Road; the triangular parcel adds up to just over 13 acres of land. Most passersby probably know it from the Denny's situated in the parking lot, or from the Linens 'n Things that dominated the plaza before being shuttered years ago. The proposed redevelopment will not change the footprint A graphic explains part of the process involving Transfer of Development Rights in the county's 2050 Plan. Image courtesy Sarasota County

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