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The BPIB unanimously approved a $48MM capital improvement project to develop Phase 2 of The Bay

In a 5-0 vote on Wednesday, September 14, the Bay Park Improvement Board (BPIB) unanimously approved a $48 million capital improvement project to develop Phase 2 of The Bay. 

Approval of this Phase 2 Capital Improvement project and funding will enable The Bay Park Conservancy to complete the circle of the new and improved public park, south of the 10th St public boat launch over the next 4 years from 2023 to 2026. 

The City of Sarasota and Sarasota County created a new tax increment financing (TIF) district in 2020 to capture increases in property tax revenue from within the district’s boundaries, setting aside those funds for capital improvement projects for the redevelopment of 53 acres of city-owned land. These TIF revenues may only be used for capital improvements at the park, a portion of a new Sarasota Performing Arts Center, and bicycle, pedestrian, and multimodal facilities within the district. 

“As we approach the Grand Opening of The Bay, this milestone approval by the Bay Park Improvement Board enables The Bay Park Conservancy to accelerate the construction of the park and open more park – faster and for the benefit of the entire community,” said AG Lafley, Founding CEO of the Bay Park Conservancy.

Following the September 14 approval, The Bay Park will present these Capital Improvement Plans and Projects to the City Commission on October 3, and the Board of County Commissioners on October 11.  

For more information about the TIF, please view the following informational video: https://www.youtube.com/watch?v=B2Wg0NYbCyI





















 

Thank YOU!
The Bay is the BEST Public Space in Sarasota!

The Bay was voted as Best Public Space by readers in SRQ Magazine's 2023 Best of SRQ Local Readers' Competition! Thank you for loving and enjoying The Bay!

Best Public Space | Platinum

Best Park for Kids | Silver Award

Best Children's Attraction
Ibis Playground | Honorable Mention

Learn More!
 
 
 
 

The Bay is the BEST Place to Celebrate!
¡Viva! Latino Week at The Bay Continues

Register Now for ¡Viva! Latino Events

Plus! Keep the feeling going and celebrate Cinco De Mayo on May 5th with Happy Hour all day ($2 off alcoholic beverages) at The Nest!

 
 
 

Cintia Elenstar, Executive Director of UnidosNow,
Loves The Bay! 
💙

 

This Week's Trifecta:
Music + Dance + Cinema!

 

Sundays at The Bay:
Local Honey

Sunday, April 30, 6pm

Dance at The Bay:
Extended !Bailando! at The Bay: Salsa

Wednesday, May 3, 6:30pm

Cinema at The Bay:
Star Wars: The Empire Strikes Back

Thursday, May 4, 8pm

See All Music
See All Dance
See All Cinema
 
 

Announcing New Members to The Bay Team

The Bay Park Conservancy continues to add leadership, experience and expertise to the BPC Board and staff. Tony Gamelin, Jeff Jackson and Jennifer Jorgensen join the board and Ron Hamilton provides HR capability to the team.

Read More!
 
 

Coming Up:
May the 4th
Be With You Day

Thursday, May 4 | 8pm

Celebrate Star Wars Day with a screening of Star Wars: The Empire Strikes Back. Wear a festive costume for a chance to win a prize. Popcorn, candy, Margaritas, and other treats will be available for purchase at The Nest.

Register Now!

Watch It! at The Bay:
Kentucky Derby

Saturday, May 6 | 6:45pm

Enjoy watching the first of the Triple Crown races on the LED Screen at The Bay! Enjoy Happy Hour ($2 off all alcoholic beverages) all day at The Nest.