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FirstService Residential selected for Sarasota's historic Mira Mar redevelopment
Yesterday, 2:36 PM·
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Summarized by i88

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Summary

FirstService Residential, a unit of FirstService Corp. (FSV), has been selected to manage the Mira Mar Sarasota luxury residential development in downtown Sarasota, Florida, in partnership with developer Seaward Development. The agreement adds a management contract tied to a historic redevelopment project, though no financial terms or unit counts were disclosed.

FirstService Residential selected to manage Mira Mar Sarasota development

FirstService Residential, a unit of FirstService Corp. (FSV), has been selected to manage Mira Mar Sarasota, a luxury residential development in downtown Sarasota, Florida, the company announced on Nov. 5, 2026.

The management agreement is being undertaken in partnership with Seaward Development, the developer behind the project.

Project positioning

According to the announcement, Mira Mar Sarasota is described as an “exclusive luxury residential development” that is “redefining downtown Sarasota living.” The company said the partnership with Seaward Development is intended to “bring an elevated residential experience” to the project.

Company background

FirstService Residential is described in the release as “North America’s leading residential community management company.”

Disclosure limits

The announcement did not include financial terms of the management agreement, the number of residential units at the development, or a timeline for the project. The release was issued from Sarasota, Florida, and distributed via PRNewswire.