David Slone

real estate developer by trade, Sarasota's David Slone always is looking for his next project. He had that in mind, too, during the many times he drove to visit his brother, James Slone, who lives in the Lakewood Ranch area. David Slone had combined with four business partners to consider building a garage condo concept. The question wasn't so much if they would do the project, it was just where to put it. David Slone continued to drive through Lakewood Ranch to see his brother, and it finally hit him. "I kept falling in love with Lakewood Ranch more and more," he said. "This is the perfect neighborhood ... Multi-million dollar homes. And Waterside Place is the cream." So the Luxe Dream Garage motor condo complex will be built on Communications Parkway in the Lakewood Ranch Corporate Park, right across from the back entrance to Gold Coast Eagle Distributing. Slone said the groundbreaking for the 5.2-acre parcel is scheduled for July 1 and he expects the first condos to be ready by late fall. Although it is his first motor condo complex, Slone is convinced it will be successful. He already has sold more than 30 units in the 65-unit complex and he expects to be sold out before the project breaks ground. The garage condos range in price from $300,000 to $475,000. Sales began in November. Slone said his customers range from the average Joe car collector to those who collect high-end luxury vehicles. Already the buyers have had American muscle cars, retro vehicles, Ferraris and BMWs, boats, or even have needed a place to store the high-end audio equipment they were selling. But when they have attended area auto shows, they keep running into people who need a place to store their favorite cars.

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