Construction begins on luxury development Peninsula Sarasota

More construction is underway on Golden Gate Point as the Gault Family Companies has officially broken ground on Peninsula Sarasota, a 23-unit luxury condominium development at 223 and 283 Golden Gate Point.

Units in the two mid-rise towers are priced from $2.6 million. The three-bedroom floor plans, and three-bedroom with den floor plans range from 2,400 to more than 3,000 square feet. The project is designed by Hoyt Architects and the general contractor is Gilbane. 

“Our design is aimed to both honor and elevate the character Golden Gate Point is known for,” said architect Gary Hoyt in a news release. “The building’s strong geometric expression with simple bold shapes creates an iconic statement, while two amenity spaces foster a strong sense of community.”

Peninsula Sarasota already has 60% of its residences under contract. The penthouse residences have recently been released in conjunction with the start of vertical construction. The two buildings offer one or two residences per floor, and the buildings are connected by a common amenity platform above a gated parking garage. Amenities include a pool, fire pit areas, fitness center, a gathering room with wine storage and a rooftop residents’ lounge overlooking Sarasota Bay.

“Sarasota’s rising popularity has created a remarkable demand for luxury residential properties throughout the region,” said developer Sam Gault in the release. “We look forward to delivering an exceptional new option on Golden Gate Point that takes full advantage of the location yet provides an extraordinary level of finish and modern design.”

The Peninsula Sarasota sales center is at 1300 Main St.

The development joins many others underway on Golden Gate Point. They are The Owen (29 units), SIX88 (10 units), 531 Golden Gate Point (8 units), 625 Golden Gate Residences (12 units), En Pointe (4 units) and Evolution (20 units).