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Florida Homes Summer 14

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SARASOTA, LAKEWOOD RANCH, BRADENTON, OSPREY, VENICE, NORTH PORT, PUNTA GORDA, PORT CHARLOTTE Fotolio ith the upcoming Mall at University Town Center rapidly approaching in October, there has never been a better time to utilize the American market. "There's a great deal of optimism and incredible healthy and strong views for expansion," says Greg Miles, the Chief Operating Officer for Westfield Group. According to analysts, Southwest Florida is in the right position for growth and now is the right time for new developments in this industry. W Medical marijuana is a hot topic in Florida as a constitutional amend- ment coming up in November could potentially legalize the substance in the state. The approximate impact of medical marijuana in Florida may result in a $758 million industry and could create 10,000-20,000 jobs. A new 18-unit condo development is in the works for 129 Taft Drive on Lido Key. Heading up the Park residences of the Lido Key project is Ocean Real Estate, LLC principal Patrick DiPinto who is working with architect Mark Sultana, co-founder of DSDG Architects. Benderson Park wins the state planning award, recognized in its Awards of Excellence category for project planning in the previous year. "The park continues to be recognized at all levels," says Sarasota County Planning Director Tom Polk. FloridaHomesMag.com | 41 NEWS Cultural Coast

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