Osprey Court Right-of-Way Vacation (25-SV-01)
Description
The developer got approval to vacate a 4,145-square-foot dead-end brick alley to combine two parcels for a 10-story, 52-unit condo project — after proffering four attainable units at 80% AMI, a pocket park, wide sidewalks, and bigger trees, now locked in a restrictive covenant.
Impact summary
Replaces a dead-end alley and about 12 aging rentals with a tower plus attainable units, public park space, and streetscape upgrades — a tradeoff commissioners split on.
Applicant
- Name
- PFI 721 Development LLC
- Address
- 1776 Ringling Boulevard / 222 South Osprey Avenue, Sarasota, FL
At a glance
- Hearings
- 2
- Public comments
- 3
- Total mentions
- 2
Last vote · City Commission
Last discussed Aug 3, 2026.
Meeting timeline (2)
City Commission (Regular) - Aug 3, 2026
Vacation of a 4,145.4-square-foot alley section to combine two downtown lots for a single project; adopted on second reading 4-1 with the Mayor dissenting over building-coverage value.
City Commission (Regular) - Jul 6, 2026
The developer got approval to vacate a 4,145-square-foot dead-end brick alley to combine two parcels for a 10-story, 52-unit condo project — after proffering four attainable units at 80% AMI, a pocket park, wide sidewalks, and bigger trees, now locked in a restrictive covenant.
Related issues (3)
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