National real estate developer Property Markets Group (PMG) and Sarasota-based JEBCO Ventures, are pleased to announce One Park Sarasota, an 18-story luxury residential development located in Downtown Sarasota on the southeast corner of Boulevard of the Arts and North Tamiami Trail, has achieved the milestone of $150 million in sales in just 30 days. The project, designed by Sarasota-based firm Hoyt Architects, has achieved extraordinary sales volume in this timeframe, marking an unseen pace in Sarasota’s real estate market. Coldwell Banker Realty is the sales team for One Park Sarasota, with Matthew Day, Chelsa Vahtomin and Robert Robinson exclusively representing sales.
“There is an increasingly high demand for new luxury residences in the heart of Downtown Sarasota, where residents are able to live in stunning homes and step outside their door to experience the best arts, culture, dining and entertainment the city has to offer,” said Matthew Day, Managing Broker of Coldwell Banker Realty. “The sales success we have experienced at One Park is a testament to this desire for a high-quality and ideally positioned property within the city’s stunning waterfront district, which is attracting buyers locally and from key markets including the northeast, midwest and California.”
One Park will provide residents with a multitude of high-end amenities, state-of-the-art smart building technology and breathtaking views of The Bay Park, Sarasota Bay and the city skyline. The 149-unit development will offer fully finished two and three-bedroom units ranging from 2,460 to 4,219 square feet, with residences priced from $1.95 million. The one-of-a-kind One Park Penthouse Collection comprised of just six residences ranging from 5,480 to 8,340 square feet will feature private rooftops with summer kitchens and plunge pools. Each unit provides 12-foot floor-to-ceiling windows, a contemporary lighting package with recessed lighting, dimmers, and lighting control, fully built-out closets and a midnight bar in select primary bedrooms. Additional residence highlights include expansive outdoor terraces with glass railing and summer kitchens, and an unprecedented level of efficiency through PMG smart home technology experience for a seamless personalization with a touch of a button.
“Throughout my 40-year career in Sarasota, I have witnessed the city transform but have never experienced a period of growth quite as impactful as right now,” said Kim Githler, Managing Partner of JEBCO Ventures. “Reaching this sales milestone at One Park demonstrates the continued demand for a luxury product of this caliber in Sarasota. One Park will set a new standard of luxury in the area, providing residents with stunning homes and access to a fully-immersed Downtown living experience.”
“PMG has a vested interest in the west coast of Florida and specifically Sarasota, as it continues to grow at an outstanding pace. It is an incredibly exciting time for the area, especially with major projects such as The Bay Park on the horizon which will truly enrich the lives of residents and visitors alike,” said Dan Kaplan, Managing Partner at PMG. “We are honored to work alongside such prestigious partners as JEBCO Ventures and Coldwell Banker who have a strong pulse on Sarasota?s real estate market, and we look forward to continued success.”
One Park will create a serene and relaxing living experience for its residents complemented by a collection of curated amenities and an unparalleled level of service. Residents will enjoy a resort-style infinity pool and spa deck with lounge areas, fully staffed One Park Executive Office Suites designed to serve as a flexible office space for residences, private theater room, lounge area, wine room, golf room, children’s playroom, a state-of-the-art fitness studio with high-tech exercise equipment, pilates and cycling rooms, luxurious guest suites for use by residents and their families and more. The One Park Wellness Spa will provide a spa reception area, treatment rooms and private his and hers locker rooms with steam and sauna rooms. Services led by the dedicated concierge staff include valet parking, package delivery and dog walking.
Ground breaking is expected to commence in the Fall of 2022.