Upcoming Sarasota condos selling well

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SARASOTA, Fla. -- A new downtown high-rise is not even built yet, but it has already sold more than $50 million worth of space.

The Vue will be located at the intersection of U.S. 41 and Gulfstream Avenue, and will have more than 100 condominiums and a 255-room hotel.

Michael Saunders is marketing the condos at The Vue, and has gotten a purchasing commitment for nearly 40 condos.

The building is expected to open toward the end of 2016.

My name is Scott.