- November 23, 2024
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Site work began last week for the $37 million Infinity condo project at 4765 Gulf of Mexico Drive that will bring 11 new luxury units to the Key priced between $2.95 million and $4.95 million.
“We’re in the process now of starting site clearing,” said Randy Moore, managing partner of developer Crossgate Partners LLC, of Atlanta. “We’re excited to be off the ground and running.”
The condo has the same basic footprint of the Bleu Claire project that was originally planned for the property, however, its design has been modified to have a coastal contemporary look instead of the Mediterranean design that was planned for Bleu Claire.
The Holiday Beach Resort, which was demolished in July 2013, was previously located on the site.
Lee Rugh, sales associate at Michael Saunders & Co., who is marketing the project said that five units have sold, and one is under contract. Rugh said she has received calls about the property since the instillation of the construction fence last week.
“I think the start of construction has spurred a lot of interest,” she said.
Sarasota architect Mark Sultana, of DSDG Architects, is the designer. Residences will have between 3,380 square feet to 5,456 square feet.
The project is scheduled for completion in late 2015 or the first quarter of 2016.
For more information, pick up an Oct. 30 copy of the Longboat Observer.
Contact Robin Hartill at [email protected].