Downtown Bradenton could soon feature a new mixed-use high-rise with condos and rental housing, retail, dining, and hotel space on the Manatee River waterfront.
Officials are considering the sale of Bradenton’s downtown city hall property, and last week discussed proposals from five developers hoping to purchase the 3.9-acre site.
The proposals show a glimpse of major high-rise projects that officials envision as a centerpiece for the future redevelopment of downtown.
In case you missed it:Sale of Bradenton’s waterfront city hall property could catalyze downtown redevelopment
Previously:Bradenton to advertise City Hall property for sale, asks for upwards of $10.46 million
L&L Development proposes The Vias at Bradenton
The L&L Development Group and NDC Construction Co. offered $14.1 million for the property and proposed a mixed-use development project known as The Vias at Bradenton that could rise up to 20-stories.
The proposal includes a Marriot AC hotel with 130 rooms, 25,00 square feet of commercial space, 100 condominiums, 350 rental apartments, and a parking garage.
The L&L Development Group is led by Palm Beach-based developer David Levinson. The company has developed or acquired over 10 million square feet of commercial and residential space since 2000. The company has previously worked on massive projects like TSX Broadway in Times Square and Wynwood Plaza in Miami.
One of the company’s partners, Jim Zboril, served as President of Tavistock Development Co. for over two decades and oversaw the development of Lake Nona, a 13,000-acre master-planned community near Orlando.
The NDC construction company is led by Bradenton-based NDC Construction Co. and has completed over 275 projects throughout the Tampa Bay region. It is led by company president and local businessman Ron Allen.
Kaleta makes a big offer
Anna Maria-based 941 Prime Development LLC offered at least $10.46 million for the city hall property, although well-known local businessman Shawn T. Kaleta offered to top the highest bidder by $1 million.
He proposed the development of 375,000 square feet of hotel space, 375,000 square feet of condominiums, 125,000 square feet of office space, and 125,000 square feet of commercial or dining space.
Kaleta manages more than 1,600 rental properties and about $4.5 billion in assets that also include hotels, like the Bali Hai and Anna Maria Beach Resort, and management companies.
Opulence Realty Group SRQ proposes mixed-use development
The Opulence Realty Group SRQ LLC offered $13.5 million for the city’s downtown property.
The company has proposed a project that would be over six stories in height, and include commercial space on lower floors, with condos, apartments, and hotel space on upper levels.
The company was recently formed but boasts a team of high-profile Manatee County area developers that include Linda Svenson, who is behind the 200-acre Riviera Dunes Resorts project, and is headed by real estate broker Sabrina Payton Turner.
Silver Hills proposes an eight-story building
The Silver Hills company and Edwards Communities Development Co. submitted an $11.6 million offer for the property. The companies have partnered on more than 10 large apartment projects, primarily in Florida, Louisiana, Virginia and Kentucky.
They propose an eight-story mixed-use project that includes about 350 apartments, and a façade that features European and New Orleans-style architecture.
Red Apple Real Estate makes an offer
Red Apple Real Estate Inc. offered $12.75 million for the property and proposed the construction of a building with 240 residential units with retail on the ground and a parking garage.
The company owns, manages, and develops properties throughout the country and is currently developing the Residences at 400 Central in downtown St. Petersburg, which is anticipated to be the tallest residential building on the west coast of Florida, according to the company. It has also undertaken projects like 1 & 2 Ocean Drive, The Eagle, and The Margo in Brooklyn.
