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Property summary
The Velocity Project is a pre-construction condominium development proposed for Sarasota’s Gillespie Park neighborhood. It is planned for six residences on a quarter-acre (approximately 10,890 sq. ft.) parcel zoned Downtown Edge (DTE). The listing materials included architectural plans and studies, including construction cost analysis and supporting documentation prepared by Solstice Architecture Firm, with concept design inspired by Spanish and Portuguese coastal styles. The project has full Development Review Committee (DRC) approvals, and it is supported by development and permitting documentation establishing an intended construction and permitting path. The planned residences are designed for residential use and would include onsite luxury amenities consistent with the development concept.
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