Developer of hotel at former Wells Fargo location proposes higher density for Siesta hotels

September 29, 2023 —

Dave Balot, developer of a hotel at former the Wells Fargo location, will seek a Comprehensive Plan amendment to allow increased transient units per acre for hotels on Siesta Key. His previous proposed UDC amendment specified 52 units per acre. If passed, this will allow his proposed hotel plan to move forward without a special exception for density.

His pending appeal (see below) to allow his pre-construction process to move forward while litigation on other proposed Siesta hotels is still unresolved, will be withdrawn.

Sarasota News Leader, September 29, 2023, Rachel Brown Hackney:Developer of Siesta hotel approved for former Wells Fargo Bank site to seek Comprehensive Plan amendment allowing for higher residential density

August 29, 2023 —

This hearing has been postponed until threat from Hurricane Idalia has passed.

August 27, 2023 —

On August 29, the County Commission will hold a public hearing on an appeal by the developer of a 112-room hotel on the former Wells Fargo site on Siesta Key to allow him to proceed with the next steps in the construction process, even though litigation over hotels on the island is pending.

The hearing will be held at the R. L. Anderson Administration Center in Venice, 4000 S. Tamiami Trail. The meeting will begin at 9 a.m. The agenda item is 80. View hearing notice. Those wishing to express concerns may do so in person and via email to and

Click here to view the hearing agenda and document packet. You can also view the meeting live through this link.

SKA letter to the County Commissioners

Sarasota News Leader, August 25, Rachel Brown Hackney: “Developer of high-rise Siesta hotel on former Wells Fargo site asking County Commission to force staff to let him proceed with site and development process