Major Transportation and Building Projects in Sarasota
In their ongoing effort to provide the latest and most pertinent information to immigrant investors, members of Jaensch Immigration Law Firm attended the Sarasota Association of Realtor’s Commercial Investment Division’s monthly meeting this week to learn about the latest changes and opportunities that are coming to Sarasota. Indeed, big changes are coming that will bring new investment opportunities throughout the area.
There are plans to reconnect the downtown to the waterfront through the use of roundabouts at strategic intersections along US 41. Roundabouts have proved very effective at relieving traffic congestion and allowing more foot traffic to flow across intersections in Clearwater Beach. City planners envision the new roundabouts in Sarasota will do the same. More foot traffic will also mean more customers for retail and storefront spaces on the roundabouts.
Several building projects throughout Sarasota are in various stages of completion. The Jewel, at the corner of Main St and Gulf Stream, with 19 condos and 2 floors of commercial space, is under construction. Plans for a new hotel and retail space at Palm Ave and Coconut, across from the new Palm Ave Parking Garage, are in the final phases. Plans for another hotel, condos, and retail space on the waterfront next to the Ritz Carlton are well-underway. Finally, the city plans to renovate the middle stretch of Main St. so as to invite more retail and commercial investors and more foot traffic to sustain such development.
In short, Sarasota is poised for dramatic growth. In order to hear about all the exciting new investment opportunities as they develop immigrant investors should subscribe to Jaensch Immigration Law Firm’s newsletter.
Immediate Commercial Opportunity in Lee County
Immigrant investors in Southwest Florida will be interested to know about a new commercial investment opportunity in Lee County. This one comes from our good friend Rita Barbato. The business performs landscaping and yard services in Lee County which includes the cities of Fort Myers and Cape Coral. Ms. Barbato reports that the investment would include $246,500 worth of equipment such as saws, stump grinders, a trailer, a chipper truck, a grapple truck and several bucket trucks. The current owner is retiring. Cash flow is $161,188, gross income is $424,600 and the asking price is $515,000. There are 8 employees.
Immigrant investors who would like to see if the business could help them qualify for a visa should request more information from Ms. Barbato: 813-833-0487, firstname.lastname@example.org. With more detailed financial information we can determine how the business may be used in an immigration strategy.