Our Center Story
The UTC story began in 1998 with the Sarasota Outlet Center – a once-popular mall that had seen better days. With its prime location adjacent to Interstate 75 and proximity to popular communities like Lakewood Ranch, we saw the potential for a stunning and successful shopping and dining destination.
So we purchased the outlet — and about 500 acres of surrounding land along University Parkway — and began creating a vibrant town center.
We revitalized the outlet center, now called The Shoppes at UTC, and added a fresh new mix of specialty retailers and restaurants.
Over time, we added two more retail centers along the northside of University Parkway – The Square at UTC, anchored by Home Depot, and The Market at UTC, anchored by Fresh Market. On the other side of the parkway, we launched The West District at UTC, anchored by Target, and in 2014, opened The Mall at UTC – marking the first new enclosed mall to open in the United States in more than five years.
Fast forward to today, and the Cattlemen Road corridor is being transformed with shops and restaurants that reflect the area’s current tastes and contemporary style, and our newest phase of development – The East District at UTC – is getting underway.
The UTC District has come a long way. It now spans more than 4 million square feet and features 250+ specialty shops, 80+ restaurants, 350+ hotel rooms and 250,000+ square feet of premier office space.
We can’t wait for you to discover the center of it all.