(For more retail coverage, click GlobeSt.com/RETAIL and toread more on the multifamily market, click here.)

SARASOTA, FL-Bayonne Development plans to break ground withinthe next four months on the Shoppes at Grand Bay, a $300-millionmixed-use project on 30 acres off of US 41.

The first phase of the project will include a three-level openair shopping district with New Orleans-style architecture. TheBoston-based architect on the project is Cubellis. The first levelof the project will contain more than 120,000 sf of retail,restaurant and service space. The second and third levels willcontain over 150,000 sf of class A office and medical office spaceand 68 condominiums with views of Little Sarasota Bay and theproject's courtyard. The project will also include 152 bayfrontcondominiums priced from $500,000s to more than $2 million to beconstructed in a separate location.

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