Commercial Leasing Opportunities

• Each building on St. Armands Circle is independently owned and managed.
• Contact the St. Armands Circle Special Business Neighborhood Improvement District for more information.   StArmandsBID@SarasotaFL.gov

St. Armands Special Business Neighborhood Improvement District (aka the BID, the Commercial Landowner Association)

PURPOSE:

• The St. Armands Special Business Neighborhood Improvement District (BID) is a municipal board of the City of Sarasota representing more than 60 property owners that comprise approximately 13 acres of land within St. Armands Circle. Run by a Board of Directors who themselves are property owners from the district, the BID works to enhance the level of City services and to fund projects within the district’s boundaries to preserve and promote the charm and commercial sustainability of St. Armands Circle as one of the City’s most unique and most visited destinations.

• The BID was formed under Florida Statute 163.511 on January 1, 2003 for a period of ten year and was renewed for another 10 years in 2013.  The BID is scheduled to expire on September 30, 2023.
  As happened in 2013, the first attempt at renewal for the BID was unsuccessful, and those results were shared by the City of Sarasota Clerk at the February 6, 2023 City Commission Meeting.  The BID board voted on February 8, 2023 to restart the renewal process.

• The voting members of the district are the commercial landowners.

• The BID is funded by a special tax assessment on each commercial property tax bill.