Under Construction

One Park Sarasota

Sarasota · Residences

One Park Sarasota is an 18-story, 86-residence luxury condominium tower on Sarasota's bayfront Quay district, designed by Hoyt Architects for Property Markets Group.

Official Website
Verified Sep 19, 2026~9 months to delivery
AnnouncedBreaking GroundConstructionOpening SoonNow Open
10.24
Start
2027
Completion
86
Units
18
Floors

Financed with $208M from RMWC in 03.25.

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Details

20 North Lemon Avenue, Sarasota. 18 floors and 86 residences. Broke ground Oct 2024, completing Q2 2027. Financed with $208M from RMWC in Mar 2025.

The story so far
Announced Jan 12, 2024Property Markets Group And MoneyShow Unveil New Plans For One Park Sarasota
floridayimby.com
Broke ground Oct 2024Broke ground Oct 2024 at The Quay (Florida YIMBY)
floridayimby.com
Financing secured Mar 25, 2025PMG and MoneyShow closed $208 million in construction financing from RMWC for One Park Sarasota
oneparksarasota.com
Going vertical Feb 2026Structure reached Level 17 of 18, window installation through Level 8 per Florida YIMBY
floridayimby.com
Topped out May 2026Topped off in May 2026 per Building Design + Construction; 18-story tower reached full height with Juneau Construction as GC
bdcnetwork.com
75% of residences sold at top-off May 2026PMG and MoneyShow reported three quarters of the 86 condominiums under contract as the tower reached full height
bdcnetwork.com
Expected opening Q2 2027
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Supply pressure 25 · BalancedSarasota marketMarket →
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About the project

One Park Sarasota is an 18-story, 86-residence luxury condominium tower on Sarasota's bayfront Quay district, designed by Hoyt Architects for Property Markets Group. The tower rises above Sarasota Bay at the edge of downtown, pairing full-service waterfront living with walkable access to the Quay's shops and restaurants, the Van Wezel Performing Arts Hall and Sarasota's cultural district. Resort-style amenities include an infinity-edge pool and spa deck with lounge areas, the One Park Wellness Spa with a hammam, private his-and-hers lockers, saunas and steam rooms, a state-of-the-art fitness studio, a pilates and yoga studio, cycling rooms, the One Park club room and owner's lounge, a hospitality suite, a wine room, a private theater, a golf simulator and a dog run.

Developer & design
The Sarasota market 25 · Balanced supplyThe Quay 15-project pipeline · 1,861 residences and keys · peak Late ’28 Explore the market →
Common questions

Frequently asked

Where is One Park Sarasota located?

One Park Sarasota is located in Sarasota.

When will One Park Sarasota be completed?

One Park Sarasota is under construction, with completion expected in Q2 2027.

Who is developing One Park Sarasota?

Property Markets Group is the developer behind One Park Sarasota.

Who designed One Park Sarasota?

One Park Sarasota was designed by Hoyt Architects.

How big is One Park Sarasota?

One Park Sarasota rises 18 stories with 86 residences.