Development

Praxis Capital Group Funds Construction Loan for DeMarcay Condominium Project

With the $29 million loan in place, developer GK Real Estate anticipates The DeMarcay building will be complete in fall 2021.

02/13/2020 By Staff

Real Estate

DeMarcay Condo Project Sets Groundbreaking Date

The condo project will mark the beginning of the process for preserving the two historic fa├žades and selected interior materials from the former hotel and cigar factory situated on the current site.

10/18/2019 By Staff

Construction

Showroom for New Downtown Condo Opens

The showroom and sales gallery for The DeMarcay recently opened at 32 S. Palm Ave., Sarasota.

03/01/2019 By Staff

Real estate

Sales Gallery for New Downtown Condo Building Opens Next Month

Sales of condos in DeMarcay, a new luxury project set to be built at 33 S. Palm Ave., Sarasota, will begin in January.

12/06/2018 By Staff

Sole Survivor

Palm Avenue's Dusty DeMarcay Hotel Recalls 1920s Glamour

The DeMarcay is a neglected architectural treasure.

09/28/2016 By John McCarthy