Vélez Smith Collection

Vélez Smith Collection

The Jewel

Condominium Building

The Jewel

Nineteen residences at the corner where Main Street meets the bay.

The Jewel stands at the foot of Main Street, where downtown Sarasota's central artery meets Gulfstream Avenue and the bayfront opens up beyond. Eighteen stories tall with just nineteen residences — most of them occupying an entire floor — it pairs high-rise views with a scale closer to a private club than a tower.

Completed
2016
Residences
19 (nine full-floor)
Stories
18
Height
236 feet
Developer
Tom Mannausa, Main Street J Development Co.
Architect
Gary Hoyt, Hoyt Architects

Timeline

  1. May 2012

    Project announced by developer Tom Mannausa for the corner of Main Street and Gulfstream Avenue

  2. April 2014

    Construction begins

  3. July 2016

    Temporary certificate of occupancy issued

  4. October 2016

    Litigation between developer and general contractor over delays and costs reported

  5. 2016

    Year built per property records; building subsequently completed and occupied

Overview

The Jewel rises 18 stories at the corner of Main Street and Gulfstream Avenue — the exact point where downtown Sarasota's main artery arrives at the bayfront. Developed by longtime Sarasota builder Tom Mannausa through Main Street J Development Co. and designed by Gary Hoyt of Hoyt Architects, the tower was announced in 2012, broke ground in April 2014, and reached its full 236 feet with completion in 2016. It is a true mixed-use building: nineteen residences sit above street-level commercial space and a full floor of amenities, so the building keeps a working relationship with Main Street rather than turning its back on it. The final stretch of construction was not smooth — a temporary certificate of occupancy came in July 2016, followed that fall by litigation between the developer and the general contractor over delays and costs — but the building long since settled into life as one of downtown's smallest and most distinctive addresses. With only nineteen homes, nine of them spanning a full floor, The Jewel offers something genuinely scarce in the downtown core: tower living at boutique scale, with Sarasota Bay filling the west-facing glass and Main Street's restaurants beginning at the front door.

Residences

Every residence at The Jewel is wrapped in floor-to-ceiling glass under ceilings of about eleven feet four inches, and every home comes with a generous balcony and secure on-site parking. Nine of the nineteen residences occupy an entire floor of the tower; the remainder are arranged two per floor or as two-story lofts on the lower residential levels, and the collection tops out in a full-floor penthouse. Homes were delivered with designer lighting and high-end kitchen appliances, and published floor plans run from roughly 2,000 to more than 4,000 square feet — a full-floor fourth-level residence, for example, offers about 4,059 square feet inside plus a 380-square-foot terrace. Because Main Street bends toward the water here, west-facing rooms take in Sarasota Bay and the Gulf beyond it, while other exposures look down the length of downtown.

Amenities

The third level is given over to a roughly 15,000-square-foot amenity deck that separates the commercial floors from the residences above. The centerpiece is a 20-meter pool with a bar, grill deck and waterproof televisions, joined by a Jacuzzi, sauna and steam bath. A fitness suite runs on TechnoGym equipment, with a Pilates area and a yoga room warmed by heated floors. Outside on the deck are a six-hole putting green and a platform tennis court that doubles for pickleball. Residents also share the Emerald Club, a lounge with a bar, seating areas and an oversized television, plus a rooftop viewing deck at the top of the tower. Garage parking occupies the lower levels, street-level retail anchors the ground floor, and the building is professionally managed, with LED-accented architecture that reads clearly on the evening skyline.

Location

The Jewel's address is the last block of Main Street before it meets Gulfstream Avenue — cross toward the water and you reach Bayfront Park and the Marina Jack basin. In the other direction, Main Street runs east through downtown's densest stretch of restaurants, cafés and shops, with Palm Avenue's gallery row one block away and the Five Points intersection a short walk up the street. The Sarasota Opera House and downtown's theaters are within comfortable walking distance, the Saturday farmers market sets up at Main Street and Lemon Avenue a few blocks east, and The Bay Park's waterfront green space lies farther north along the shoreline.

Lifestyle

Daily life at The Jewel runs on foot. Mornings might begin with a bayfront walk across Gulfstream Avenue, coffee on Main Street, or early laps in the 20-meter pool. On Saturdays the farmers market takes over Lemon Avenue and the surrounding blocks from seven in the morning until one in the afternoon, year-round. Evenings are the simplest part: dinner somewhere along the nearby blocks, a performance at the opera house or a downtown stage, then home to watch the harbor lights from a west-facing balcony — or from the rooftop viewing deck, where sunset over the bay closes the day.

Frequently Asked Questions

How many residences are in The Jewel?

The Jewel holds 19 residential condominiums in an 18-story mixed-use tower. Nine residences occupy an entire floor each, with the remaining homes arranged two per floor or as two-story lofts; the building also contains six commercial units and street-level retail.

When was The Jewel built?

The project was announced in May 2012 and construction began in April 2014. A temporary certificate of occupancy was issued in July 2016, and property records list 2016 as the year built. The final phase was slowed by litigation between the developer and the general contractor in late 2016 before the building was fully completed and occupied.

Who developed and designed The Jewel?

The Jewel was developed by Sarasota builder Tom Mannausa through Main Street J Development Co. and designed by Gary Hoyt of Sarasota-based Hoyt Architects. FirstService Residential was selected as the building's management company.

What amenities does The Jewel offer?

A roughly 15,000-square-foot third-level amenity deck includes a 20-meter pool with bar and grill deck, Jacuzzi, sauna, steam bath, TechnoGym fitness equipment, a heated-floor yoga room, a six-hole putting green, and a platform tennis/pickleball court. Residents also have the Emerald Club lounge and a rooftop viewing deck.

How close is The Jewel to the bayfront?

It sits at the corner of Main Street and Gulfstream Avenue, the last block of Main Street before the bayfront. Bayfront Park and the Marina Jack basin are directly across the intersection, and the rest of downtown's Main Street corridor begins at the building's front door.

Interested in The Jewel?

Let’s find your residence here.