Developer Update June 18, 2014
We're under construction. All sheet pile work is complete.
All piling and rebar steel work is complete, comprising 300+ pilings below grade of 2+- miles
of concrete and 4+- miles of rebar steel. Next up is dewatering and our concrete/steel subcontractor
begins a 33+- week endeavor to create the tower infrastructure, including slabs,
garage ramps, and post tension floor slabs running up the tower.
Our first construction draw went smoothly and we anticipate
each subsequent month accomplishing same effectively.
Suffolk is working hard on moving every element forward in a professional fashion.
Developer Update - The Jewel Rising
( Read more from the online magazine )
Letter from the Publisher:
( Read the Letter from the online magazine )
With Developer Tom Mannausa
( Read the Interview from the online magazine )
Thank you very much.
The coffee table book, "The Jewel, Back In Time..." Is complete.
It is a photo book of lower Main Street, Sarasota spanning over 140 years.
The City of Sarasota Building Permit has been approved, issued and purchased.
This was a comprehensive application and review process. We now are clothed with all required permits
to proceed with construction. We are aiming at closing with the Bridge Lender,
whereby the Notice of Commencement is recorded authorizing the construction stage to begin.
Our dedicated construction team is anxious to get underway. The construction office is earmarked
to be set up. Project Manager, Assistant Project Manager and Job Superintendent are in place.
Each of these 3 team members have numerous years of tower construction experience and
have been staff members of Suffolk Construction Company for many years.
We are dedicated to concentrate on construction endeavors and move forward with test piles,
site work, pilings and concrete & steel infrastructure installations.
The construction of The Jewel will be a fun and memorable process to observe, manage and undertake.
We have one full floor residence at The Jewel available for purchase...All other tower residences are sold
and under binding purchase agreements with nonrefundable deposits.
We're very excited, to move into the construction stage of this spectacular mixed use
high rise downtown Sarasota project...Best wishes!
Thomas James Mannausa
Main Street J Development Co.
* Certified Property Manager•
* Accredited Management Organization
We're proud to say, since December 7, 2013 we have obtained 10% deposits
Thomas James Mannausa
More than the prior statement, our top notch experienced team of architectural and interior
The "best of the best" is what we provide and our commitment. The Jewel "showroom"
Our purchasers are energetic, solid and the backbone of our success story. Each purchaser has
The State of Florida has approved The Jewel Condominium Documents and we are selling
We are at this time directly involved with obtaining the City of Sarasota issued building permit
We have only a three tower residences available for purchase. Call me now please... I love presenting The Jewel !
Thank you very much.
The Jewel - Update 1/1/14
Click link to read what the Business Observer thinks:
Updated November 3, 2013
Thank you very much.
We are very proud to announce in this update,
Condominium documents are complete. Current reservation holders will be sent their purchase
The City of Sarasota is wrapping up the Main Street streetscape project. The new 20' wide brick sidewalks,
Call me to learn more.....
Thank you for visiting The Jewel. We appreciate all compliments and comments very much.
The Jewel tower residents shall enjoy spectacular views of Sarasota Bay, Big Pass, Ringling Bridge,
You'll love our LED lighted pool and jacuzzi at The Jewel. I genuinely appreciate Kurt Lucas,
The Jewel's amenity level includes a Bryan Dunkelberger design (with Kurt's sign off).
Not done yet...
The Jewel commercial condominium purchasers shall also receive the finest finishes to further represent
The Jewel commercial condominium spaces shall be elegantly finished, so that the curb appeal
All tower residences will be sold. Call me at 941.704.5873. I'll be glad to talk to you, any day.
We're wrapping up every detail, so the construction drawings and permit set, represent the Developer's
Check out our unit floor plans. Best of the best!
The Jewel's prime location, exquisite finishes and modern design, together with pre-construction discounts
have paved the way for these customers' new lifestyle ownership choices. Act now.
Tommy James Mannausa
The Jewel Tower Residences to break ground.
( read more )
( more photos )
The Jewel Rule
Real estate developer Tom Mannausa took a rare step for a 19-year-old college kid
That was the beginning of what’s now a 35-year real estate development career.
But Mannausa’s career is now marked with a new purpose: To play
The rejuvenation project Mannausa is behind is called The Jewel.
A Brilliant Location
The Jewel introduces mesmerizing
unobstructed views of Sarasota Bay,
the Gulf of Mexico, and downtown Sarasota
in a sleek and modern building.
Located at the corner of Gulf Stream Avenue
and Main Street, this signature structure
will be Sarasota’s newest silhouette
on the waterfront.
The Jewel offers 19 luxury residences
ranging from two-story lofts to
a full floor penthouse and all feature
floor to ceiling glass. Every residence
has a generous balcony,
11’4” high ceilings, luxury appliances,
distinctive finishes, designer
lighting and interior on-site parking.
Designed by Gary Hoyt, AIA, The Jewel
blends street level retail with luxury living
and separates them with an entire floor
Relax or swim laps in your 20-meter
Infinity pool, keep fit and stress-free
in your high-tech gym and low-key
yoga rooms, choose bay or city views
to entertain your friends in the lounge
areas or just chill inside the Emerald Club
equipped with HD3D Television, bar and
dramatic seating areas.
Additional recreational amenities include
a Jacuzzi, poolside steam bath,
paddle tennis court and putting green.
The Perfect Address for your
Theatre, opera, art galleries, Selby Botanical
Garden, specialty boutiques, cinemas and even
a downtown farmer’s market are all within easy
walking distance. Join the early morning crowd
for a run or bike ride across Ringling Bridge to
St. Armands Circle and the beaches.
Walk your dog and enjoy the sunset at
Bayfront Park or stroll Main Street and choose
from dozens of award-winning restaurants.
Living at The Jewel, you can dock your own boat
or charter one at Marina Jack just across the
street. Siesta Key, Longboat Key, Lido Key
and many museums and attractions are
within a short drive.
Main Street J Development Company,
| a Florida corporation, is the developer
of The Jewel. Company President
Thomas James Mannausa has purchased,
sold, designed, developed, constructed and
managed numerous real estate projects
since 1978. He is a Florida Licensed
Real Estate Broker, Realtor®, and Certified
Property Manager®; has served on the board
of directors of banking institutions, foundations,
and clubs; and is a member of the
City of Sarasota Downtown Improvement
District and Parks & Recreation and
Environmental Protection boards.
He has lived in the Sarasota area for more
than 30 years and currently resides a
stone’s throw from The Jewel Towers in
beautiful downtown Sarasota.
REAL Exclusive Properties Article
Main Street improvement keeps
Condominium renderings unveiled
Mannausa forms The Jewel of Sarasota.
'The Jewel gets closer
Click to read Story 3
Is downtown Sarasota
The New Landmark.
High Rise Mixed Use Development
1301 Main Street, Sarasota, Fl.
Mannausa Gulfstream Development Co. owns
free and clear three adjoining parcels, that
together shall comprise the land The Jewel
shall be constructed upon. The first parcel was
purchased in December 2010. The second
parcel was purchased in May, 2012. The third
parcel was purchased July 2012. The second
and third parcels have month to month leases
with the Sellers of each, Living Walls and The
Sports Page Bar.
The three parcels together encompass 105' on
Gulf Stream Avenue and 150' on Main Street in
beautiful Sarasota, Florida. This prime corner is
considered the gateway to downtown.
At 5 S. Gulf Stream Avenue, the T. Mannausa
& Co.has leased a prime retail location 80 feet
from The Jewel.
We have begun taking applications and
reservations for The Jewel Tower Residences.
The required legal paperwork is in place.
DESIGN UPDATE: The design has progressed
to a state that future residents can fully
understand the integrity proposed. The design
process has moved past schematic design and
on to design development. Soon, contract
documents will commence. Numerous
consultants and contractor/trades are providing
input, including discussions with a professional
condominium association property management
The Jewel has entered into a construction loan
agreement with a three plus billion dollar bank.
We are working towards completing various
required checklist items to firm up this
The good news is a few banks are pursuing
commercial construction lending opportunities,
whereas a year or five years ago, this was
nonexistent. We are also in discussion with the
bank in occupying commercial space in The Jewel,
which would prove to be an excellent convenience.
Our unique marketing materials have been
approved and are in the works. Much has been
delivered to our corporate office. Stop by and
preview our sales center at 5 South Gulf Stream
Avenue, Sarasota, Florida.
The project contemplates eighteen residential
condominium units, together with approximately
6,000 square feet of retail commercial real
estate fronting on Main Street. The site is
absolutely prime in nature. All of the units will
have an unobstructed view of Sarasota Bay
and the world-renowned Marina Jack’s
Restaurant & Marina — boat slips,
Sarasota Bay, St. Armands Circle, Lido Beach,
Siesta Key and the famous Ringling Bridge.
This development will encompass exquisite
• a swimming pool and Jacuzzi
• a hi-tech work out and aerobic facility
• a meeting & greeting room with card tables
• a well appointed lobby
• a professionally designed 6-hole putting course
with synthetic turf
• and a professionally designed and installed
platform tennis court, all for the exclusive use
by The Jewel residents.
At this time, the development is in its planning
phase; although no rezoning is required in order
to perfect the commencement of this planned
For information, please contact:
Thomas James Mannausa, President, CPM*, AMO®, Realtor®
T Mannausa & Co.,
5 South Gulf Stream Avenue
Sarasota, Florida 34236
Progress Update continued:
Prices & features subject to change without notice. Offer void where
prohibited by law. ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY
STATING REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE
REFERENCE TO THIS BROCHURE AND TO THE DOCUMENTS REQUIRED BY SECTION 718.503,
FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE.
The statements contained in this presentation are only summary in nature.
For complete representations, reference should be made to the Offering Circular
for The Jewel Tower Residences, a Condominium. All illustrations and descriptions
are conceptual only, and the final plans and features of The Jewel
may vary from those described in this brochure. The developer reserves the right
to modify statements, illustration, and descriptions in this brochure as may be appropriate
from time to time to reflect changes in the development plan for The Jewel.
You'll Fall in Love With
The Most Magnificent Views in Sarasota.
See For Yourself. View by Floor:
The following photos are from a 35' helicopter camera that was at the approximate face of
From 30 feet
|From 135 feet|
From 45 Feet
|From 145 Feet|
From 60 Feet
|From 150 Feet|
From 75 Feet
|From 165 Feet|
From 90 Feet
|From 180 Feet|
From 105 Feet
|From 195 Feet|
From 120 Feet
|From 210 Feet|
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