The Zenith Building is located  at 1390 Main Street in Sarasota. It was  was sold to WMG Development in 2023 for $24 million..  Recently, in 2025, it was announced that the building as was slated to be demolished.  It is to be replaced by an 18 story residential tower with the Waldorf Astoria name.   A five story parking structure is also  planned. The Zenith Building had been vacant for 2 years.  Also to be demolished is an adjacent 4 story parking structure and a two story office building.  The 2 story building will be replaced with a 3 story building with commercial and retail space.

     The announcement was made by Jebcare Company, WMG Development and Hilton.  Current plans call for 86 private residences with 1 to 5 bedrooms and penthouses

     The Zenith Building was built in 1972.  The initial owner was Zenith National Insurance Company.   In 2023, the building was bought by WMG Development.

  Its exterior is concrete.  Style is shed.  It was designed by ODP.architects. Height is 12 stories.  Space is 111,530 square feet.   The building was an office tower.