LEED Certified Project To Include 152,000-SF Retail Space

Lowe’s Cos. Inc. purchased 20 acres on Central Sarasota Parkway in Sarasota, FL, from Sarasota-based Palmer Ranch Holdings for $14.74 million, or about $736,950 per acre. Lowe’s plans to build a 124,051-square-foot home center and a 28,000-square-foot garden center. The project will be LEED certified and the expected delivery date is July 2009.