Sarasota condo tower gets $46 million in construction financing

The developers behind The Edge Sarasota have started work on the 27-unit luxury building and expect to finish it in early 2026.


  • By Louis Llovio
  • | 11:35 a.m. December 17, 2024
  • | 0 Free Articles Remaining!
  • Manatee-Sarasota
  • Share

The developers behind The Edge Sarasota have secured a $46.49 million construction loan to build the luxury condominium tower.

The loan was issued by Centennial Bank. Terms were not disclosed.

The 10-story tower is being built at 290 Cocoanut Ave. at Fruitville Road in downtown Sarasota by the developer Jebco Edge, a joint venture between Jebco Ventures and Omnium Real Estate, according to a statement. 

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content