Siesta Key’s Newest Oceanfront Community
Construction is expected to commence this month on OCÉANE, an ultra-luxury, six- condominium community on Siesta Key. The latest project updates include approved FEMA permitting for a seawall addition, building permits, contractor selection and an anticipated ground breaking later this month. OCÉANE is located at 4740 Ocean Boulevard and residences are priced to start at $3.873 million. For more information, please visit the website.
FEMA Permit for Seawall Addition
FEMA and Sarasota County approved the seawall enhancement at OCÉANE which reduces impact from storm surges and removes the project from the velocity zone. Benefits of this major approval include:
- Reduce insurance costs up to 60%
- Enhanced private 3-car garages for all residences
- Air-conditioned lobby
- Ground floor office for concierge
Building Permit
Final architectural and engineering plans have been submitted to Sarasota County for issuance of the project's construction building permit
Contractor Selected
Crossgate Partners has selected Gilbane Building Company as the general contractor
Groundbreaking and Completion
Crossgate Partners expects to break ground within the next month with completion of the project in 12-14 months
Quotes:
“We have met all pre-construction milestones and expect to break ground in January."
- Randy Moore, Developer, Crossgate Partners
“As a result of OCÉANE’s project progression, the interest level has increased substantially and we are experiencing many serious interested parties. With only five available units, the opportunity to reside in resort-style luxury, on the edge of the Gulf of Mexico is limited.”
- Peter G. Laughlin, Premier Sotheby’s International Realty
About Premier Sotheby’s International Realty
Headquartered in Naples, Florida, Premier Sotheby’s International Realty has over 1,000 associates and employees in 40 locations throughout Florida and North Carolina. Premier Sotheby's International Realty also benefits from an association with the storied Sotheby's auction house, established in 1744. For more information, visit premiersothebysrealty.com.
(Photo courtesy: ADHoc Studio)
