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Officials hope to build on housing progress | Sarasota

2 months ago
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City and county leaders centered affordable housing as a priority in 2020. To what extent will recently established policies bear fruit this year?
A shortage of affordable housing has long been a topic of discussion among local officials, but in 2020, both the county and the city approved a series of actions they hoped would lead to meaningful progress on the issue.
In the city, commissioners adopted a series of land use changes designed to make private construction of affordable housing easier and has $4 million set aside in a fund dedicated to the issue. In the county, commissioners identified land to be repurposed for affordable housing projects and sought to find developers willing to build those units. ....

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Wednesday's Daily Pulse

Wednesday s Daily Pulse
| 12/30/2020
Newly signed COVID relief package could have big impact on Florida businesses
Even before the COVID-19 pandemic, around 70% of all business partnerships were shown to fail. But now, all across the country, businesses of all kinds are being forced to shut their doors either temporarily or permanently as a response to our current health crisis. While Florida has done everything possible to keep businesses open during this time, many organizations are still hurting as a result of a severely reduced tourism industry and an increased emphasis on staying home. But the newly signed COVID-19 relief package, which was passed by Congress just before Christmas, could bring some much-needed help to small businesses in the Sunshine State. [Source: South Florida Reporter] ....

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Sarasota's Westfield Siesta Key mall is under new ownership

Starting next year, Westfield Siesta Key mall in Sarasota will no longer be a Westfield property.
The 435,000-square-foot mall, at U.S. 41 and Siesta Drive in the city of Sarasota, is now owned and operated by O’Connor Capital Partners, a real estate development, investment and management firm with offices in New York, Palm Beach and Mexico City.
Unibail Rodamco Westfield and O’Connor previously owned the mall in a joint-venture partnership in which O’Connor owned 49% of the property, but now O’Connor has acquired Westfield’s interest, according to a news release from both companies. Westfield will continue to manage the mall through Thursday, and after that, the property will be rebranded. ....

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New Owner To Rebrand Westfield Siesta Key Mall: Reports

New Owner To Rebrand Westfield Siesta Key Mall: Reports
Patch
12/29/2020
Tiffany Razzano
© Shutterstock
Westfield Siesta Key mall has a new owner and will be rebranded next year, reports said.
SARASOTA, FL Westfield Siesta Key mall will start the year with a new owner, the Herald-Tribune reported.
After Thursday, O’Connor Capital Partners will be the sole owner and operator of the mall, reports said. The real estate development firm has offices in New York, Palm Beach and Mexico City.
Prior to this, O’Connor and Unibail Rodamco Westfield co-owned the 435,000-square-foot mall in a joint-venture partnership. While O’Connor held 49 percent of the property, Westfield was the majority owner with 51 percent. ....

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