Under Construction

Marie Selby Botanical Gardens Phase Two

Phase Two completes the master plan for Marie Selby Botanical Gardens, the 15-acre bayfront campus at Mound Street and South Palm Avenue in downtown Sarasota, where Sarasota Bay meets Hudson Bayou.

Official Website
Verified Sep 28, 2026~2.1 yrs to delivery
AnnouncedBreaking GroundConstructionOpening SoonNow Open
12.02.25
Start
11.28
Completion

Financed with $41.9M from R.W. Baird in 07.26.

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Details

1534 Mound Street, Sarasota. Broke ground Dec 2025, completing Nov 2028. Financed with $41.9M from R.W. Baird in Jul 2026.

The story so far
Announced Nov 2024Selby Gardens commits to Phase Two of its downtown master plan — conservatory complex and learning pavilion — at 66% of its $60.9M campaign goal
yourobserver.com
Broke ground Dec 2, 2025
Financing secured Jul 2026Selby Gardens executed a $41.9 million tax-exempt bond sale through issuer Capital Trust Agency, underwritten by R.W. Baird, with 98% of the $60.9 million campaign raised.
selby.org
Going vertical Aug 2026Vertical construction began on the Phase Two conservatory complex.
businessobserverfl.com
Expected opening Nov 2028
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
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About the project

Phase Two completes the master plan for Marie Selby Botanical Gardens, the 15-acre bayfront campus at Mound Street and South Palm Avenue in downtown Sarasota, where Sarasota Bay meets Hudson Bayou. Sweet Sparkman Architects designed the phase, with OLIN as landscape architect, Willis A. Smith Construction as construction manager and Kimley-Horn on civil engineering. The centerpiece is a new conservatory built to put far more of Selby's living collection on public view, joined by display and exhibition houses and a learning pavilion, all wrapped into the replanted gardens Phase One began. Phase One delivered the welcome plaza, the Steere Family Plant Research Center and a rooftop solar array over structured parking, giving the campus its new front door on Mound Street. Selby is a research institution as much as a public garden, and the second phase is built around showing the science rather than storing it.

The Sarasota market 25 · Balanced supplyDowntown Sarasota 15-project pipeline · 1,861 residences and keys · peak Late ’28 Explore the market →
Common questions

Frequently asked

Where is Marie Selby Botanical Gardens Phase Two located?

Marie Selby Botanical Gardens Phase Two is located in Sarasota.

When will Marie Selby Botanical Gardens Phase Two be completed?

Marie Selby Botanical Gardens Phase Two is under construction, with completion expected in November 2028.

Who is developing Marie Selby Botanical Gardens Phase Two?

Marie Selby Botanical Gardens is the developer behind Marie Selby Botanical Gardens Phase Two.

Who designed Marie Selby Botanical Gardens Phase Two?

Marie Selby Botanical Gardens Phase Two was designed by Sweet Sparkman Architects.

Who is financing Marie Selby Botanical Gardens Phase Two?

Marie Selby Botanical Gardens Phase Two secured $41.9M in financing from R.W. Baird in 07.26.