High-Rise Community Offers the Closest Luxury Living to the Water in Sarasota Bay

SARASOTA, Fla., Nov. 14, 2024 /PRNewswire/ -- Quarterra Multifamily, a subsidiary of Lennar Corporation and a multifamily apartment developer, property manager, and asset manager, today announced the start of leasing at Cordelia, a luxury high-rise community in Downtown Sarasota, Fla., on Sarasota Bay.

Part of a 14-acre master development, Cordelia includes 240 luxury homes and 13,811 square feet of ground floor retail space. The community sits along a central green space with spectacular views of the bay and exceptional access to downtown. Cordelia will feed off its vibrant and diverse location, combining a unique blend of urban energy and natural beauty for a distinctly upscale Florida living experience.

"Cordelia is designed to capture and complement both downtown and bayside vibes, and offer residents the best of both worlds," said Cameron Palm, Senior Development Manager with Quarterra. "From the community's exquisite large balconies with waterfront views and top-flight amenities package to the seemingly endless dining and entertainment opportunities, residents will find themselves in an ideal place to live their best lives. It's exciting to reach this milestone in the property's development and stride one step closer to welcoming residents home."

Situated at 468 Quay Commons, Cordelia positions residents within easy reach of a myriad of downtown dining destinations. Hot spots include: 1592 Wood Fired Kitchen & Cocktails, Boca, The Breakfast House, Café Epicure, Caragiulos, C'est La Vie, Drunken Poet, Duval's, Indigenous, Jack Dusty, Lila, Made, Mattison's City Grille, Mediterraneo, Owen's Fish Camp, II Panificio, Pho Cali, Sage, Selva, Siegfried's Restaurant, and State Street Eating House + Cocktails. Ocean Prime is slated to open later this year giving residents another high-end restaurant experience.

Residents will also find themselves in close proximity to shopping at Main Street, St. Armands Circle and The Mall at University Town Center, as well as the Sarasota Farmers Market. Entertainment venues, including Van Wezel Performing Arts Hall, Sarasota Opera House, Sarasota Orchestra, The Belle Haven, The Florida Studio Theatre, The Asolo Repertory Theatre, IMG Sports Complex, Robarts Arena, Ed Smith Stadium, The Bay Park and The John and Mable Ringling Museum are also nearby.

Cordelia is positioned along Tamiami Trail and adjacent to Fruitville Road, providing simple connectivity to the rest of Sarasota and surrounding municipalities. SCAT bus service and Bay Runner trolley are both easily accessible from the property, creating easy commutes to regional employers like Bealls, Tropicana, PGT Industries and Sarasota Memorial Healthcare. A newly designed trail system skirts the perimeter of the community, accessing the bay, beaches and parks. A seven-floor above/below ground parking garage, featuring several EV charging stations, will accommodate resident vehicles.