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Palm Tower Celebrates 100 Years as Downtown Sarasota's Iconic Cornerstone

Completed in 1925, Palm Tower evolved from Sarasota's first skyscraper hotel to a modern multi-use office space hosting coworking and media services.

  • Palm Tower at 1343 Main Street is marking its 100th anniversary this year, celebrating a century as a vibrant commercial hub in downtown Sarasota, Palm Tower Suites said.
  • W.H. Pipkorn's original build established what locals called the first 'skyscraper' and housed the seven-story Hotel Sarasota, a social and cultural epicenter.
  • After a high-value 1944 sale, the building was saved from demolition and later acquired by Bon Eau Enterprises, with current owners Cary Hicks, Mark Levey, and Natalia Levey renovating it, owners said.
  • Offices remain central to Palm Tower's function today, supporting traditional tenants with executive suites, virtual office mail services, THE LABSRQ coworking, and a professional sound and podcast studio near Sarasota Bay and the city's cultural district.
  • Cary Hicks said the centennial reflects the building's endurance and downtown Sarasota's spirit, stating, 'Reaching our 100th anniversary is an incredible milestone that reflects not just the endurance of this building, but the spirit of downtown Sarasota itself.
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BenzingaBenzinga
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Palm Tower Celebrates 100 Years as Downtown Sarasota's Iconic Cornerstone

SARASOTA, Fla., Dec. 12, 2025 /PRNewswire/ -- Palm Tower, at 1343 Main St., is proudly celebrating its 100th anniversary this year, marking a century as a vibrant commercial hub in the heart of downtown Sarasota. Completed in 1925, Palm Tower has been a witness to – and an integral part of -- Sarasota's remarkable transformation and growth. Most notably, for decades the seven-story Hotel Sarasota that occupied the building was the social and cu…

·New York, United States
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Benzinga broke the news in New York, United States on Friday, December 12, 2025.
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