Benderson Development Plans 52-Acre Mixed-Use Project in Wellen Park, Sarasota
Benderson Development is gearing up for a major new project in south Sarasota County — a 52-acre mixed-use destination within the fast-growing master-planned community of Wellen Park, located near Venice and North Port.
The development will rise along South Tamiami Trail at West Villages Parkway, on a parcel recently acquired by Benderson Development. While the purchase price was not disclosed, the company confirmed the acquisition through spokesperson Julie Fanning.
What’s Coming to the New Development?
The project will feature a blend of local, regional, and national tenants, bringing new retail, dining, and lifestyle experiences to Wellen Park. Although Benderson has specific retailers in mind, it is still too early to share details.
The project remains in the very early planning stages, with construction expected to begin in late 2026 or early 2027.
A Growing Community With Major Demand
“Wellen Park’s tremendous growth and incredible planning provide the perfect opportunity to develop a first-class regional shopping and dining destination,” says Shaun Benderson, managing director of Benderson Development. “Our goal is to create a place that is timeless, with strong placemaking and exciting new experiences for the community.”
Wellen Park currently has about 10,000 residents and is projected to exceed 50,000 residents at full build-out, highlighting the demand for new commercial amenities.
Rick Severance, President of Wellen Park, adds: “We’re intentional about partnering with best-in-class organizations that understand our vision. Benderson has a long track record of creating high-quality, service-driven places that bring people together.”
Benderson’s Footprint in the Region
Benderson Development is one of the nation’s largest privately held real estate firms, with over 1,000 properties across 40 states, totaling more than 55 million square feet. In the Sarasota-Manatee region, the company is known for major developments such as the University Town Center (UTC) district and Cocoplum Village Shops in North Port.
This new Wellen Park project is expected to become another cornerstone destination, enhancing the lifestyle and convenience of one of Florida’s most rapidly expanding communities.
Source: Business Observer