Residence Terrace rendering overlooking Downtown Sarasota

Construction of a new residential tower under the Ritz-Carlton banner could begin by the end of 2023 in the Quay Sarasota district, with condominium units selling for between $3.5 million and $11.5 million.

The 20-story, 74-unit Ritz-Carlton Residences, Sarasota Bay would be built alongside the Ritz-Carlton, Sarasota tower that opened in 2021 and within the boundaries of the master-planned, multi-use district between U.S. 41 and the bayfront.

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