SARASOTA, FLORIDA, March 27, 2018 – Prospective home buyers eying properties east of downtown Bradenton can chalk up another reason to pursue sales listings in this area which stands to directly benefit from the plan to extend eastward the city’s popular park, Riverwalk.
The blueprint for this project is expected to be submitted this summer by the Raleigh, North Carolina-based planning and design consulting firm Kimley-Horn. Public inputs for the park extension have already been gathered through a survey, and its results were released this March. The park extension is projected for completion within two years once its plan is finally approved.
The survey shows that 91 percent of the respondents love Bradenton and the present Riverwalk, and they would want more of the same with its expansion. Other survey findings include the people’s love of nature and the scenery along Riverwalk, the social interaction the park brings, and the respondents’ willingness to volunteer and help in the project.
Manatee Community Foundation has earlier manifested its support for the project. It has awarded a $100,000 grant to the NGO Realize Bradenton to fund the initial phase of the Riverwalk’s expansion.
The expansion of Riverwalk starts from 9th Street East along Riverside Drive East next to the Manatee Memorial Hospital and extends to 14th Street East and 1st Avenue East. Significantly, the city bought the property at this eastern end for a new park that would complete the Riverwalk’s acreage. This purchase in effect doubled the size of the historic Mineral Springs Park adjacent to the south and where major improvements are also in the pipeline.
In another development nearby, the transfer of the Glazier-Gates Park from Manatee Avenue East to Riverside Drive East near the Manatee River is expected for completion this year. This relocation came about as a result of a land-swap deal that the city has entered into with Atlanta-based Hatfield Development which set up the housing project Villages at Riverwalk at the park’s former Manatee Avenue site.
These park development plans coming onstream extends the market spotlight to some communities and neighborhoods typically off the radar screen of prospective buyers of Bradenton homes for sale. Some of these rare gems could be found east of downtown at Ayres Point north of Manatee Avenue East.
Its western flank edging towards the planned Riverwalk park extension, Ayres Point is host to historic river district neighborhoods like the Craig subdivision. Here, vintage homes could be on the market with tag prices in the $200s, featuring three bedrooms and two baths within floor areas in the 1,400‒1,600-square-foot range.
Appropriately enough, this area that Riverwalk would soon spread also includes a neighborhood called Manatee Gardens. There are finds of investor-friendly Bradenton homes for sale here priced in the $100s and with floor plans of between 1,200 and 1,600 square feet designed with two to four bedrooms. Pricing in this neighborhood hits the $400s for two-bedroom riverfront residences with a floor area of 1,750 square feet plus a dock across the street and proximity to Riverwalk, one of the top attractions Bradenton has to offer.
SARASOTA, FLORIDA, October 7, 2019 – Property values of communities in the Sarasota-Manatee region now face lesser threat from neighborhood eyesores brought about by abandoned, foreclosed homes. Known in the real estate trade as zombie foreclosures, these properties have shrunk significantly in the region. According to an August report of ATTOM Data Solutions, abandoned […] more>>