Two New Housing Developments Are Headed to South Sarasota
Harmon Legacy Trail
Construction of Harmon Legacy Trail in Nokomis is expected to kick off in July, with the first units slated to be delivered in fall 2023.
It's the third development born of a partnership between the international investment firm Pretium and the national development firm Crescent Communities, and their first build-to-rent community in Florida. The 78 homes will be located next to the Legacy Trail connecting downtown Sarasota and Venice. Residents will have the option to rent three-bedroom townhomes at a minimum of 1,600 square feet each, or four-bedroom townhomes at a minimum of 1,900 square feet each. Both will include outdoor patios and private garages. There will also be an outdoor lounge and play areas, a dog park and walking trails. Select homes will have views from private balconies of the onsite lake. Harmon Legacy Trail will be part of a larger master-planned community, with additional residential add-ons to come and more than six acres of future retail space.
Harmon Legacy Trail will be located on Aqua Bella Drive in Nokomis and will be built by Southern Impression Homes.
Render Legacy Trail
Located between Sarasota and downtown Venice, this 19.5-acre community will feature 450 multifamily rental residences considered mid-market that have "a more approachable price point," says Tim Graff, director of Crescent Communities’ Florida multifamily business.
One- to three-bedroom units will be available and include entryway mudrooms with built-in storage, home office workspaces separate from the living room and kitchen, and closet systems.
“Sarasota has experienced strong job growth and continued substantial in-migration that has only accelerated during the pandemic," says Bruce Gago, the head of the Florida office of FCP, a national investment firm partnering with Crescent Communities on the project. "The new apartments will help alleviate the significant housing shortage in Sarasota County."
Render will include a centralized lobby and leasing area, a self-service package area, fitness center and multipurpose rooms that can serve as coworking lounges. Residents will be able to grill, dine, socialize, swim and relax in large outdoor spaces. The residences will be part of a larger master-planned community with additional units to come, including more than five acres of future retail space.