U.S. Assets Group News

Going Up

12/28/2002

Sarasota Herald-Tribune (FL)

GOING UP

December 28, 2002
Section: HOME & REAL ESTATE
Page: G12

Caption: STAFF PHOTOS / HAROLD BUBIL
Topped out
Views drive the luxury condominium market, and U.S. Assets Group, the developer of Beau Ciel, has grabbed some of area's best from the 17-story tower now going up just west of the Hyatt Sarasota. The building, whose name means "beautiful sky" in French, has vistas of Sarasota Bay to the northwest and the Sarasota Quay boat basin, The Ritz-Carlton Sarasota and the city skyline to the southeast (below). Each unit has "through" views, which means views out both sides in each direction. Of the 44 units, nine remain unsold, priced from $849,000 for a sixth-floor unit to $2,895,000 for a penthouse. At left, this is the view to the north from one of the four penthouses, a two-story plan that sold early at more than $3 million. Three of the penthouses are sold. Contractors just celebrated the "topping out" with a party; construction is expected to be complete next fall.