Bee Ridge, Sarasota, USA

Since its acquisition, Terracap has sold approximately 2 acres to Racetrac who have constructed a gas station on the site, and a further 18.5 acre parcel to DR Horton, where currently construction is ongoing for 89 residential homes. Located one-half mile east of the Interstate 75 interchange in Sarasota, Florida, the property has direct frontage on Bee Ridge Road, a major east-west arterial providing access to Interstate 75 and US Highway 41. The property is one of limited parcels of land in the growing commercial area available for development. Of the 54 acres of land that comprise the property, 32.25 acres were developable of which 20.4 acres are remaining.