When complete, The Mark, located on the corner of Pineapple Avenue and State Street, will include 157 residences.
State Street will be permanently closed to vehicular traffic between Lemon and Pineapple Avenues due to construction of The Mark.
Work on the foundation of The Mark is now in progress.
Kolter Urban is holding a groundbreaking ceremony for The Mark on Wednesday.
Sarasota's DM Constructors, LLC is forming a new joint venture company with KAST Construction, based in Tampa and West Palm Beach.
The Sarasota Farmers Market announced Sunday that it is asking the City of Sarasota to look at a plan to relocate vendors on Lemon and State Streets, due to pending construction in the area.