The owners of the iconic Mira Mar building in downtown Sarasota are inviting the public to a community workshop next week to unveil plans for restoring the historic 1922 structure. The proposed redevelopment aims to integrate the Mediterranean Revival-style building into a modern, mixed-use project featuring retail, office, and restaurant spaces, alongside the construction of two 18-story condominium towers. These towers are designed to complement the architectural charm of the original Mira Mar while creating a vibrant, pedestrian-friendly environment.

In 2022, the City of Sarasota’s Historic Preservation Board denied a previous owner’s attempt to demolish the Mira Mar, sparking a renewed interest in preserving the building. Now under new ownership, the Miramar Acquisition Company, LLC, has brought on two architects specializing in historic rehabilitation. Their goal is to restore the building through an adaptive reuse plan that respects the property’s historic significance while ensuring its future viability within a larger development vision.

The proposed restoration project depends on zoning changes, as the current Downtown Core zoning allows a maximum of 10 stories, while the new plan requires Downtown Bayfront zoning to permit the construction of 18-story towers. These zoning modifications would maintain the existing 50 units per acre limit, resulting in 71 total units across the 1.42-acre site.

Scheduled for Tuesday, Sept. 17, the community workshop is the first step before formal applications are filed with the city. Once submitted, the plans will undergo review by the city’s senior planner, historic preservationist, the Planning Board, Development Review Committee, and eventually, the City Commission.

A Vision for the Future: Taller Towers, Smaller Footprint

Project documents highlight that the additional height is crucial for making the plan economically feasible. Taller towers with smaller footprints will allow for more open courtyards and improved airflow, mimicking the layout of the original hotel. The extra height will also enable larger setbacks, enhancing the site’s amenities and overall layout, while generating the funds needed to restore the Mira Mar to its former glory.

Restoration of the Mira Mar is estimated at $25 million. If successful, the project will return the building to its original 1922 condition while incorporating the new towers, designed with tiered architecture for compatibility with neighboring properties.

With a mix of modern amenities and respect for Sarasota’s historic charm, this redevelopment could become a cornerstone of the city’s downtown future. The upcoming workshop offers residents a chance to voice their opinions and shape the evolution of one of Sarasota’s most treasured landmarks.