Survey says: No hotel for Whitney Beach Plaza on Longboat Key in Sarasota, FL
Whitney Beach Plaza owner Ryan Snyder knows the plaza can’t sustain itself on the leases it has now. An investigation into a 100-room boutique hotel doesn’t offer hope for the site.
Whitney Beach Plaza owner Ryan Snyder spent more than $10,000 and a good portion of the summer investigating whether a 100-room boutique hotel would work on the north end of the Key.
“It’s simply not viable,” he said.
Snyder, whose Lakewood Ranch law practice consists 99% of work for the banking and real estate industries, said he reached out to approximately 40 hotel developers to provide input on the viability of a hotel.
“Some of my contacts are heavy-hitters in the hotel industry with flag hotels like Hyatt and Marriott,” said Snyder, who declined to divulge the names of the consultants who offered…
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