Sarasota Approved Revised Plan for The Well
The city’s development committee gave partial sign-off to the seven-story project following major design changes.
Updated on Sept. 19, 2026 in Commercial
Live Poll
Do you support the construction of large mixed-use developments in your local community?
The Sarasota Development Review Committee has granted partial approval for The Well, a revised seven-story mixed-use project. The developer, Unilog Group, downsized the plan by eliminating a hotel component to better align with local standards.
Why it matters
The downsizing reflects an effort to streamline the approval process by reducing project intensity. By removing the hotel, the developers aim to secure final permits for a residential-focused complex in the city center.
The Well features 66 condos, including five designated as attainable housing, alongside 12,114 square feet of retail and 15,244 square feet of amenity space. The complex will house residents in a seven-story building with a 160-space parking podium.
The players
Sarasota Development Review Committee
This is the city body responsible for evaluating and regulating land use and new construction projects within Sarasota.
Unilog Group
This is a Miami-based real estate development firm specializing in urban residential and mixed-use projects.
The details
The revised proposal focuses on a 66-unit residential layout instead of the original mixed-use design that included a hotel. The Unilog Group must still address outstanding issues before the project can proceed, including the utilization of six historic district transferable development rights.
Timeline
The Sarasota Development Review Committee granted partial sign-off on September 16, 2026.
Culture Shift
Urban redevelopment in coastal Florida increasingly emphasizes residential density over transient lodging to manage local housing demand. This project follows a trend of developers scaling back intensity to comply with stricter city zoning requirements.
The inclusion of five attainable housing units provides new entry-level options for residents within the downtown market. Neighbors should anticipate future discussions as the committee reviews outstanding items before final construction begins.
The takeaway
Developers are increasingly forced to prioritize residential units over hospitality to gain approval in dense urban corridors. This shift illustrates a broader regional trend of balancing new growth with local architectural and zoning constraints.
Further reading
For more information on the city's growth, visit the Sarasota Commercial section.
Source note: This article includes information reported by Sarasota Herald-Tribune.
Live Poll
Do you support the construction of large mixed-use developments in your local community?
