FirstService Residential selected for Sarasota's historic Mira Mar redevelopment

The management engagement covers a development combining new residences with restoration of the historic Mira Mar building.

Rhea-AI Summary

FirstService Residential (FSV) has partnered with Seaward Development to manage Mira Mar Sarasota, a luxury residential redevelopment in downtown Sarasota.

The engagement covers full-service property management as well as lifestyle and amenities management. FirstService Residential will support the community from its earliest stages and throughout its long-term operation. The development comprises 70 residences in two 18-story towers on South Palm Avenue.

Positive

• Minor pointSeaward Development partnership adds a management engagement covering property operations, lifestyle and amenities at Mira Mar Sarasota.

Negative

• None.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SARASOTA, Fla., Nov. 5, 2026 /PRNewswire/ -- FirstService Residential, North America's leading residential community management company, has partnered with Seaward Development to bring an elevated residential experience to Mira Mar Sarasota, an exclusive luxury residential development that is redefining downtown Sarasota living. Through the partnership, FirstService Residential will provide full-service property management and lifestyle and amenities management for the landmark community.

"Every decision we make as a developer is intentional", said Patrick DiPinto, principal, Seaward Development. "We chose FirstService Residential because they manage more luxury condominium towers than any other company in North America. Their proven experience and commitment to service align naturally with Seaward's high standards. We believe this partnership will help deliver the exceptional services and amenities Mira Mar owners deserve. Our owners are important to us, and the decision to partner with FirstService was made with their best interests in mind."

FirstService Residential's luxury high-rise expertise is reinforced by its recent collaboration with ATELIER CX, the consulting division of Forbes Travel Guide, to establish an elevated benchmark for residential high-rise living. Together, the organizations developed elevated hospitality-focused service standards and training that have become a component of FirstService Residential's proprietary The High-Rise Standard℠.

That approach is already being recognized across FirstService Residential-managed communities. Seven communities managed by the company earned Forbes Travel Guide's inaugural VERIFIED™ Luxury Residences designation, representing more than half of the properties on the inaugural list. The designation recognizes properties committed to exceptional resident experiences and evaluates service culture, operational practices and service delivery against independently verified criteria.

"Mira Mar is poised to become one of Sarasota's most distinguished luxury residential communities," said Jake Howse, business development director at FirstService Residential. "We look forward to delivering an exceptional owner experience through a combination of hospitality-inspired service, operational excellence, and lifestyle programming that reflects the unique character of this iconic property. We're honored to partner with Seaward Development and support their vision for creating a truly extraordinary residential destination in downtown Sarasota."

Mira Mar Sarasota is a limited collection of 70 luxury residences spanning two 18-story towers on South Palm Avenue. The landmark development combines contemporary waterfront living with the restoration and preservation of the historic Mira Mar building, originally established in 1922. Residences range from approximately 3,200 to 6,000 square feet, with pricing beginning in the high $3 million range.

As the community's management partner, FirstService Residential is working closely with Seaward Development to help bring the developer's vision for Mira Mar to life, providing residents with the elevated experience expected of one of Sarasota's most prestigious new addresses. Through a combination of operational excellence, resident services, and curated lifestyle programming, the management team will support the community from its earliest stages and throughout its long-term success.

Residents of Mira Mar Sarasota will enjoy an extensive suite of luxury amenities, including a 24-hour concierge, resort-style pool with cabanas, a 70-foot lap pool, state-of-the-art fitness and wellness facilities, private dining and entertainment spaces, a golf simulator and putting green, guest suites, and the Sky Speakeasy Lounge with sweeping bay views.

For more information about this new luxury residence, visit miramarsarasota.com.

About FirstService Residential

FirstService Residential is simplifying property management. Its hospitality-minded teams serve residential communities across the United States and Canada. The organization partners with boards, owners, and developers to enhance the value of every property and the life of every resident.

Leveraging unique expertise and scale, FirstService serves its clients with proven solutions and a service-first philosophy. Residents can count on 24/7 customer care and tailored lifestyle programming, amenity activation, and technology for their community's specific needs. Market-leading programs with FirstService Financial, FirstService Energy, and special districts teams deliver additional levels of support.

Boards and developers select FirstService Residential to realize their vision and drive positive change for residents in the communities in their trusted care.

FirstService Residential is a subsidiary of FirstService Corporation (NASDAQ and TSX: FSV), a North American leader in providing essential property services to a wide range of residential and commercial clients.

View original content to download multimedia:https://www.prnewswire.com/news-releases/firstservice-residential-selected-for-sarasotas-historic-mira-mar-redevelopment-302930528.html

SOURCE Firstservice Residential, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What will FirstService Residential manage at Mira Mar Sarasota?

FirstService Residential will provide full-service property management and lifestyle and amenities management for Mira Mar Sarasota through its partnership with Seaward Development.