Cultural Coast
NEWS
The Mall at University Town Center
T
"The Mall at University Town Center solidifies the University area as the premier shopping destination in
Southwest Florida," said Randy Benderson, president of Benderson Development Company. "The shopping center,
in conjunction with the Nathan Benderson Rowing Facility, will be a world-class destination and a tremendous
community benefit for generations to come." The $315 million mall is a partnership between developers Taubman
Centers and University Park-based Benderson Development Co., and is pegged for an Oct. 16, 2014, opening.
Initial anchors include Saks Fifth Avenue, Dillard's and Macy's with a fourth to be named soon. As many as 100-plus specialty
shops and restaurants will also call the new two-story mall home, over 50 percent of which will be new to the area.
Rowers and other athletes,
restaurateurs and hoteliers
celebrate the announcement that
the Sarasota Nathan Benderson
Park has been choosen to
stage the 2017 World Rowing
Championship. The event's
economic impact has been
estimated to be between $25
million and $100 million.
Millionaires in Florida are a hardworking bunch. More than two
thirds earned their wealth mostly
on their own, according to a study
released by BMO Private Bank. A
survey of Floridians with assets to
invest of $1 million or more found
that 68 percent are self-made;
only 1 percent attribute their
wealth to receiving an inheritance.
The first new development to
be construction in Downtown
Sarasota for many years is slated
to
break ground early 2014.
Developer Thomas J. Mannausa
enlisted local architect Hoyt
Architects to build the impressive
new 246 foot mixed use residential and commercial building ideally
positioned on the corner of Main
Street and Gulfstream Avenue,
read more on page 14.
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