The highly anticipated redevelopment of the former Sarasota Square Mall has reached a major milestone as Torburn Partners unveils the first confirmed retail tenants for the new 96-acre mixed-use destination located at U.S. 41 and Beneva Road in Sarasota, Florida.
Whole Foods Market to Anchor Phase One
Leading the lineup is Whole Foods Market, which will anchor Phase One with a 35,828-square-foot store. This flagship tenant signals the developer’s vision for a modern, upscale lifestyle center designed to serve one of Florida’s fastest-growing coastal communities.
Additional New Retailers Joining the Project
Several notable brands have also signed on to bring a diverse mix of shopping and dining options:
- HomeSense – 24,214 square feet
- Chipotle Mexican Grill, CAVA, and Joe & The Juice – A combined 7,418 square feet of fast-casual dining
- Charles Schwab – New 5,163-square-foot branch location
Michael Simpson, Managing Director at Torburn, credited Metro Commercial Real Estate for their strong leasing start, stating that securing Whole Foods reinforces the project’s mission to create an upscale lifestyle-driven environment.
A Vision for a Modern Mixed-Use Community
The redevelopment, now known as Sarasota Square, is planned to include:
- 1,200 luxury residential units
- 530,000 square feet of retail, restaurant, and commercial space
- Over one acre of outdoor gathering areas for community events
- Pedestrian-friendly districts with lush landscaping
- Wellness-focused amenities
- A dedicated event venue for year-round activities
Construction on the retail portion is currently underway, with residential development scheduled to break ground in Q1 2026.
More Tenants on the Way
Leasing efforts continue to advance with interest from brands in the health and fitness, lifestyle, and hospitality sectors. Additional announcements are expected soon.
“Our goal is to deliver an elevated, lifestyle-driven destination where residents and visitors can shop coveted brands, enjoy a night out, and connect through curated community events,” Simpson said.
About Torburn Partners
Torburn Partners, founded in 2012 and headquartered in Northbrook, Illinois, is a privately held commercial real estate investment firm specializing in:
- Acquisitions
- Real estate development
- Asset and property management
- Construction management
For retail leasing inquiries, contact:
Adam Keldermans, Chief Operating Officer
📞 847-562-1616
📩 AKeldermans@torburn.com
Source: YourObserver
