SARASOTA, Fla. – Sales will launch in January for the highly anticipated condominiums at The DeMarcay, a soon-to-be-constructed luxuriously appointed residential project by GK Development at 33 S. Palm Ave. in downtown Sarasota.
Located directly across the street from the project at 32 S. Palm Ave., the new sales gallery is slated to open at the end of January, and agents are taking purchase agreements beginning January 7, 2019. The DeMarcay at Palm will be marketed and sold by ON Collaborative, a full-service national development marketing and sales firm integrated with its Coldwell Banker branded operations.
“Interest in The DeMarcay from the community has continued to be strong, and we are thrilled to be launching sales,” said Greg Kveton, partner at GK Development. “We are thankful to city of Sarasota officials who have supported us as we overcame development and design hurdles to bring this project to fruition, and are confident it will transform the historical site into something residents and nearby business owners will be proud of. Joining with ON Collaborative will bring a new dynamic energy to this project, and we look forward to bringing it downtown to Palm Avenue.”
The general contractor for the project is Palm Harbor-based Voeller Construction, and Sarasota firm Parker Walker Group is the architect. The interior design by Chicago-based Ma’am Design Collective will honor the site’s history as a cigar factory and hotel that were originally located on the site in the new building’s lobby.
The 18-story building will feature a resort-style rooftop pool with expansive waterfront views of the Gulf of Mexico and Sarasota Bay. Ranging from 1,144 to 3,106 square feet, the floor plans will have the flexibility to combine units for larger square footage.
“The opportunity to market and sell this unique, boutique product situated in one of the most desirable locations in Sarasota is extremely exciting for us,” said David Wolf, president of ON Collaborative. “Working together with the developer, we anticipate bringing this project to life with rapid sales in early 2019 and look forward to sharing our new sales gallery with the public after the New Year.”
Prices range from the low $600,000s to just over $3 million. The building is expected to begin construction in summer 2019 with an estimated 18-month build out.
For more information or to make a reservation, call 941-404-8858 or visit TheDeMarcay.com.
About The DeMarcay
The DeMarcay at 33 S. Palm Avenue will include 39 luxuriously appointed modern residences with the convenience and excitement of downtown living. The DeMarcay will have amenities not typically seen in other condominium developments in Sarasota, including elevator accessed parking levels, valet service, a rooftop fitness center, club room and pool high above the collection of Zagat-rated restaurants, galleries and entertainment venues. Its historic address and the convenience and culture of downtown make the building a prime location for downtown dwellers. The sales center at 32 S. Palm Ave. will open in January, and presentations may be arranged by appointment prior to that time. For more information, visit TheDeMarcay.com.
About ON Collaborative
ON Collaborative is a dedicated, full-service national development sales and marketing firm integrated with its Coldwell Banker branded operations. By combining specialized development marketing expertise with global distribution power, ON Collaborative creates custom, data-driven campaigns for the developers it serves, maximizing sales velocity and pricing to deliver superior returns. With curated on-site sales teams dedicated to each project, ON Collaborative serves as an extension of the developer. ON Collaborative is part of NRT LLC, the nation’s largest residential real estate brokerage company. NRT is the company-owned brokerage operations of Realogy Holdings Corp. For more information, visit oncollaborative.com.