Seaward Development Breaks Ground on 7 One One Palm 16 Luxury Residences to Debut in Downtown Sarasota, Winter 2018/2019
Patrick DiPinto, President of Sarasota-based Seaward Development and developer of 7 One One Palm, announced the ground breaking of the 5-story residential mid-rise took place on Tuesday, November 28th. Pilings and foundation work are now underway.
7 One One Palm, designed by Sarasota’s Mark Sultana of DSDG, recognized leaders in contemporary architecture and luxury custom homes, offers distinctive floor plans ranging in size from 2,025 -2,124 square feet under air. Located in one of downtown Sarasota’s most desirable residential neighborhoods on South Palm Avenue, all residences feature 3 bedrooms, 3 baths, a west-facing terrace, 10ft. ceilings, Bosch appliances with gas cooking, Hans Grohe and Kohler fixtures, imported cabinetry from Cucine Ricci and oversized porcelain tile floors.
Community amenities include garage parking, conditioned storage, oversized pool, spa, private cabanas, fitness center, gas grills, fire table and a Paw Park with convenient pet grooming station. Five of 7 One One Palm’s residences are now under contract, with 11 available for sale - priced from $1,049,000 to $1,299,000.
"We are excited to bring a new boutique community to South Palm Avenue,” says DiPinto. “7 One One Palm is a great alternative to the larger buildings in commercial centers that we now see going up downtown. Both our buyers and Realtor partners recognize how special our walkable residential location is; they value our intimate scale, floor-through residences, and semi-private elevator foyers which provide the intimacy of a single home. Of course, everyone is also excited about the many benefits that come with the purchase of a new construction home."
Seaward Development is recognized for their successful Lido Key Project, Park Residences of Lido Key - as well as the many custom homes they have built over the past twenty years. The company is managed by Patrick DiPinto and his partner, David Hargreaves, a former Fortune 500 CEO. Seaward also recently opened a new office located at 53 South Palm Avenue in downtown Sarasota.
Seaward’s team for this project includes consultant, Brian Jones, of Jones Development Company. Jones has over 20-years of real estate development and construction experience having been involved in over 200 real estate projects during that time. One of Florida’s premiere builders, GATES Construction, has been appointed the general contractor. With offices in Bonita Springs and Sarasota, GATES is a full service general contracting firm providing construction management and design-build services with a diversified project portfolio in all types of commercial, institutional, industrial, healthcare, and multi-family construction projects. They also operate in North Carolina and the Republic of Panama.
Construction of 7 One One Palm is expected to take 12-14 months with completion planned in late 2018/early 2019.