PMG and MoneyShow secured $208 million in construction financing for One Park Sarasota, an 18-story condominium development located within Downtown Sarasota’s vibrant bayside community of The Quay.
RMWC provided financing. PMG’s Capital Markets team, including Andrew Warman, Jon Blank, and Paton Marion, led the transaction. One Park Sarasota broke ground in early October 2024 and is slated for completion in Q2 2027.
Designed by Sarasota-based Hoyt Architects, One Park Sarasota will include 86 fully finished three-bedroom private residences with views of Sarasota Bay and the downtown skyline, as well as unobstructed views of The Bay Park. Residence highlights include outdoor terraces with glass railing, summer kitchens and a midnight bar in the primary bedrooms.
Resort-style amenities at One Park Sarasota will include an infinity-edge pool and spa deck with lounge areas, a One Park Wellness Spa with a Hammam Spa, private his and hers lockers, saunas, and steam rooms, a fitness studio, a One Park club room and owner’s lounge, hospitality suites, a wine room, and a private theater.
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