New Sarasota luxury apartment community opens in the Rosemary District

SARASOTA, Fla. (WWSB) - A new luxury apartment community in Sarasota’s Rosemary District hosting their grand opening on Thursday.

Aspire on 10th, located at 1313 10th St. in Sarasota, brings a 157-home luxury community including studio, one-, two- and three-bedroom apartment homes.

It also has more than 30 attainable housing units under the Live Local Act helping address the need for accessible, quality housing for Sarasota’s local workforce.

“It’s an opportunity for families that otherwise might not be able to live in downtown Sarasota,” Gregg Fusaro, a Principal with CIG Communities, said, “there’s 157 units in total, 47 of those are being offered at affordable rents for those families that are at 80%, 100%, or 120% of the median income.”

The community is managed by Coastal Ridge. For more information, visit their website.

This comes with Sarasota’s boom of residents relocating to the Suncoast from other areas. The city emphasizes affordable housing and housing for the local workforce with each new development.

Here are a few of the other prominent developments in the area set to open soon:

• Lofts on Lemon II, 750 Cohen Way
  • A highly anticipated affordable housing expansion by the Sarasota Housing Authority (SHA) featuring 100 one-bedroom apartments tailored for workforce and low-income residents.
  • Opening late 2026.
• 1718 Main Street Mixed-use project
  • A massive 10-story urban infill project bringing 226 new residential units to the heart of Main Street, 25 of which are designated as attainable housing.
  • Opening late 2026.
• Adagio Sarasota, 1500 State St Ste 101
  • A unique two-tower project. While one tower features high-end luxury condominiums, the secondary nine-story tower introduces crucial workforce rental housing to downtown.
  • Opening late 2026.
• Sarasota Station, 5600 Fruitville Rd
  • A 7.8-acre, 202-unit multi-family apartment complex located just east of downtown featuring a basketball court, dog park, and direct access to the popular Legacy Trail. More than half of the units (104) are locked into affordable housing brackets.
  • Opening 2027.
• Sarasota Square Apartments, 8201 S. Tamiami Trail, Palmer Ranch area
  • A massive 355-unit upscale apartment community that anchors the multi-million dollar open-air redevelopment of the former Sarasota Square Mall. It is designed to bring premium pedestrian walkability to South Sarasota.
  • Opening 2027/2028.
• Cypress Square II, 1660 / 1672 21st Street
  • Part of a broader neighborhood revitalization effort, this SHA-backed affordable housing development is adding fresh inventory for local families.
  • Opening late 2026/early 2027
• Tallevast Apartments, 1415 2nd street
  • Resort style amenities, uses Live Local Act.
  • Opening late 2027.