A cluster of colorful cottages along Fruitville Road in downtown Sarasota has been spared from demolition, at least for now. The Historic Downtown Village, home to 17 locally owned businesses, was under contract to be sold to a developer who planned to replace the bungalows with a 324-unit apartment complex. In early October, owners Alex and Marlene Lancaster told tenants the deal had fallen through and that they would continue owning and managing the property, taking it off the market entirely. The reversal ends months of uncertainty for shop and restaurant owners who had been weighing relocation options, according to reports by Sarasota Magazine and MySuncoast.
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