The Transformation of Sarasota Square Mall: A New Era for South Sarasota

For decades, Sarasota Square Mall has been a beloved destination for both long-time residents and visitors, offering a place to shop, dine, and socialize. As nostalgia surrounds this once-thriving retail hub, its forthcoming redevelopment signals a new chapter for South Sarasota, one that promises economic growth, modern living, and a revitalized community atmosphere.

A Look Back: The History of Sarasota Square Mall

Sarasota Square Mall first opened its doors on September 28, 1977, ushering in a new era of shopping and entertainment for the region. The original lineup included anchor stores such as JCPenney, Maas Brothers, and J. Byrons, along with a diverse selection of retailers like Camelot Music, Kinney Shoes, and Morrison’s Cafeteria. Over the years, the mall underwent several expansions and renovations, including a major refurbishment by Westfield Group in 2006 after acquiring the property in 2003.

Despite efforts to modernize, the decline of traditional malls in favor of e-commerce and mixed-use developments took its toll. Macy’s and Sears closed in 2017, and in August 2020, foreclosure proceedings began. By May 2023, Illinois-based developer Torburn Partners announced a bold redevelopment plan, culminating in the closure of the mall in late 2024 and demolition in early 2025.

The Future of Sarasota Square: A Mixed-Use Renaissance

With demolition underway, Sarasota Square Mall is set to transform into a vibrant mixed-use community. Torburn Partners has invested over $50 million into the project, securing site plan approval in April 2024. The ambitious redevelopment will include:

• 1,200 apartments positioned on the north side along Sarasota Square Boulevard
• 690,000 square feet of commercial, retail, and office space
• An event lawn designed for outdoor gatherings, live entertainment, and community activities
• A grocery store and medical space, catering to the daily needs of residents
• Specialty retail and restaurant spaces, bringing in a dynamic mix of businesses
• Interior circulation with multiple parking lots, ensuring easy access to the various amenities

While most of the original mall structure will be demolished, key businesses like Costco and JCPenney will remain open and integrated into the new development. The former AMC Sarasota 12 theater will also be repurposed, offering potential entertainment or retail opportunities.

Impact on Real Estate and the Local Economy

The Sarasota Square Mall redevelopment is set to significantly impact the local real estate market and economy. The introduction of high-end residential units will likely attract new buyers and renters, increasing demand for housing in the surrounding areas. The addition of commercial spaces will provide new job opportunities and drive local business growth. Furthermore, the shift to a town center-style development aligns with contemporary urban planning trends, fostering walkability, community engagement, and sustainable growth.

As this project unfolds, it will be interesting to see how Sarasota Square’s transformation redefines the landscape of South Sarasota. This redevelopment marks the beginning of a thriving new destination—one that will once again serve as a gathering place, an economic hub, and a symbol of Sarasota’s evolution.