SARASOTA, FL-Construction is scheduled to start on the University Town Center, a shopping mall in Sarasota, on Monday. Analysts anticipate that the $315-million project will help boost the economic recovery in the region.
The 880,000-square-foot retail center will come up near Interstate 75 at University Parkway and will house major retailers such as Macy's, Dillard's and Saks Fifth Avenue. The Bradenton Herald reported that the shopping mall, when it gets completed in two years, will have a $400-million impact on the economy. For the full story, go to Tampa Bay Business Journal .
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