The City of Sarasota has set a record with 8,402 building permit applications in the 2014-2015 fiscal year. It’s the first time the city surpassed 8,000 permits in one year, for a cumulative construction value of at least $299 million. The permits are for 3,000 condo, apartment and hotel rooms under development. The 2014-2015 total is up 16.6% from fiscal 2013-2014, when the city processed 7,200 building permits.
“There definitely is a lot more construction going on and it’s across the board,” wrote Neighborhood and Development Services General Manager Gretchen Schneider in a press release. “We’ve seen significant increases in permits for new homes, home improvements as well as larger developments including hotels and mixed use developments.”