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News Story
Updated: 05/08/2013 08:01:12AM

WCI acquires Sarasota National

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PHOTO COURTESY OF WCI

WCI Communities Inc. is the new owner of Sarasota National, a golf course community southeast of Venice that failed to take off due to the recession.

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WCI Communities, the Bonita Springs-based developer and homebuilder, has purchased Sarasota National, a 2,400-acre golf course community along U.S. 41 southeast of Venice.

WCI is also the developer of Venetian Golf & River Club, in North Venice. It bought Sarasota National from Sarasota National CDD Holdings LLC after the prior owner, Tuscano LLC, lost it in foreclosure last year. The purchase was announced in a press statement. The company did not disclose the sales price.

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