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    SARASOTA BAY REDEVELOPMENT

    In 2016, a Florida foundation backed a 53-acre waterfront park. Nine years later, its $10 million investment had helped catalyze $50 million in private donations

    The Bay Sarasota: A former parking lot along Sarasota Bay is being transformed into a 53-acre public park, with a $10 million contribution from The Patterson Foundation helping catalyze $50 million in private donations. The first 10 acres are open, more than 1.2 million visits have been recorded, and construction continues on the next phase.

    The Economic Times
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