PLAYERS THEATER UPROOTS FROM LONGTIME SARASOTA HOME
The Players made a big announcement: It’s putting its current property up for sale and moving to Lakewood Ranch. The Players Theater is working with Ian Black Real Estate to list the property (www.ian-black.com). Even at this early stage, Black believes that demand make a high-rise condo is the highest and best use for the land. He believes external forces are contributing to the continued interest in high-end housing.
“I know a lot of people don’t like it, because it’s not like it used to be,” Black said. “But things like taxes are driving people out of New York, out of California and into Florida. What’s not to like about coming to live here?”
Black said it’s possible that a buyer could close on the land — and potentially begin construction — within 12 to 18 months.