Océane Siesta Key Development Update
Construction is expected to commence this month on Océane, six ultra-luxury condominium residences on Siesta Key. “We have met all pre-construction milestones,” said developer Randy Moore of Crossgate Partners, “and expect to break ground in January.”
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 residence garages
• Air-conditioned lobby
• Ground floor office for concierge
Final architectural and engineering plans have been submitted to Sarasota County for issuance of the project’s construction building permit.
Crossgate Partners has selected Gilbane Building Company as the general contractor of Océane. Gilbane has local and national presence and extensive experience in condominium construction.
Groundbreaking and Completion
Crossgate Partners expects to break ground in January 2018 with completion of the project in 12-14 months.