More than two dozen townhomes are now ready for residents in Sarasota's Newtown district. Today, Mayor Suzanne Atwell and Vice Mayor Willie Shaw joined members of the Sarasota Housing Authority for the grand opening of King Stone Townhomes.
The complex is located at 1720 Martin Luther King, Jr. Way. It replaces the Mediterranean complex, which was notorious for crime.
Housing officials had the old complex razed, and replaced with the King Stone development. Now, 28 townhomes are earmarked for low income families. All come equipped with Energy Star appliances and materials, which should make the units 20 to 30 percent more efficient than a traditional home.
In a statement, Don Hadsell, General Manager of the Sarasota Office of Housing and Community Development, says, "This isn't just an investment in 28 townhomes. It's part of an ongoing investment in the MLK Way corridor and North Sarasota. Demolishing the old Mediterranean apartments and starting fresh with King Stone is a strong message that we believe in the community and affordable housing can be attractive and energy efficient."
A federal grant of $2.5 million from the U.S. Department of Housing and Urban Development funded the project.
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