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Benderson Development buys Glencoe Avenue parcels

By Rachel Brown Hackney

Glencoe Avenue homes next to Siesta Promenade site from Furst Siesta 41 Associates
 

People who followed the county public hearing process last year regarding Siesta Promenade will recall that the County Commission agreed to a vacation of public right of way along Glencoe Avenue. That was to assist Benderson Development Co. and its affiliate, Siesta 41 Associates LLP, with the design of the mixed-use project in the northwest quadrant of U.S. 41 and Stickney Point Road.

Recently, Benderson purchased two parcels in the Pine Shores Estates neighborhood for $1,650,000 to further facilitate the project plans in the same general area.

Since Siesta 41 Associates actually is the developer on record for Siesta Promenade, the real estate transactions are in its name, according to records available through the Sarasota County Property Appraiser’s Office.

On Aug. 14, Siesta 41 Associates paid $825,000 for the property located at 6339 Glencoe Ave. The seller was Roxane E. Goodman, the records show.

The 2019 taxable value of the property is $218,000, Property Appraiser William Furst’s staff noted.

Additionally, the records indicate that the house had been owned since 1980 by individuals and trusts involving the same family.

The house itself was built in 1957 and then updated in 1980, the records also indicate.

The second house Siesta 41 Associates bought — also on Aug. 14 — is located at 6331 Glencoe Ave. It was owned by the same series of individuals and trusts as the other property.

Siesta 41 Associates also paid $825,000 for that parcel, which has a taxable value this year of $250,700, according to the Property Appraiser Office’s records.

That house also dates to 1957.

Trees have been taken down on the approximately 24 acres planned for Siesta Promenade, while removal of concrete pads, septic tanks and asphalt remaining from the days of the Pine Shores Trailer Park also has been underway. Benderson staff and an engineering firm working with the company obtained the necessary county permits this summer to begin the site clearing.

However, litigation over the County Commission’s approval of Siesta Promenade continues in the 12th Judicial Circuit Court as this issue of Siesta Sand went to press.