Lido Key, Florida | May 7th, 2019 – One of the valued assets of Sarasota, its beaches, just got a crucial facelift in Lido Key where the shoreline is now 40 to 80 feet wider. This beach renourishment saw more than 200,000 cubic yards of sand pumped to a mile-long stretch of Lido Beach southward starting from the Pavilion.
The sand used was dredged and pumped from New Pass, the waterway separating Longboat Key from St. Armands Key. The New Pass dredging, aside from providing sand for the Lido Beach renourishment, also brought safer navigation on the waterway.
Prior to the dredging project, the U.S. Coast Guard determined that New Pass had become so shallow for water vessels’ safe passage and thus removed its navigational markers on the waterway. Boaters plying the pass then relied on GPS-based navigation assistance. But with the dredging completed, the Coast Guard is now looking into the possibility of reinstalling its navigational markers.
The beach renourishment more than compensates for the 15 feet of shoreline Lido Key was estimated to have lost because of Hurricane Irma in 2017 and subtropical storm Alberto in 2018.
The next beach renourishment in Lido Key is set for 2021. The town has been undertaking this project since 1993 and has placed over 33 million cubic yards of sand along its 9.3-mile shoreline.
The recent dredging and beach renourishment project cost $3.9 million. It was funded by the city, county, state and the Federal Emergency Management Agency.
Such funding indeed is money well spent. Beaches along with the warm local temperatures year-round and a vibrant arts and culture activities combine to elevate Sarasota to the ranks of the 2019 best cities to live in as rated recently by the U.S. News & World Report.
This publication’s newest ranking placed Sarasota at No. 18 among the 125 largest metropolitan areas in the country. The city was also ahead of other Florida metros in the U.S. News & World Report ratings. Sarasota was likewise ranked No. 3 overall among the best cities to retire in 2019.
U.S. News based its rating on five main indices, and rated them on a 10-point scale. The bases include desirability, value, job market, quality of life and net migration. Sarasota garnered a total score of 7.0, with its quality of life scored at 7.4 and value scored at 5.7. On jobs, U.S. News noted that Sarasota provides a “sizable” market for those engaged in small business and in healthcare as well as tourism which has an affinity too on maintaining the health of local beaches.
The completion of the Lido Key beach renourishment plus the positive media mileage Sarasota is getting bode well for many coastal properties currently on the market. These include the two beachfront luxury condos that our Judy Kepecz-Hays team has listed at The Beach Residences on 1300 Benjamin Franklin Drive in Lido Key. We listed one of these upscale residences just this April and expect that it would soon generate plenty of inquiries, given the vibrant mood of Sarasota real estate market.
Our Judy Kepecz-Hays team is ever ready to help you engage the market, whether selling or buying a residence. Give us a call or send us an e-mail.
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