Sarasota Condo Developers Secure $208 Million Financing Deal

Sarasota Condo Developers Secure $208 Million Financing Deal
Sarasota Condo Developers Secure $208 Million Financing Deal

### Sarasota Condo Developers Secure $208M for One Park Sarasota

**PMG** and **MoneyShow** have successfully secured $208 million in construction financing for **One Park Sarasota**, an 18-story luxury condominium development located in Downtown Sarasota’s bayside community, The Quay.

The financing was provided by **RMWC**, with **PMG’s Capital Markets team**—including Andrew Warman, Jon Blank, and Paton Marion—leading the transaction. Construction on One Park Sarasota began in early October 2024, with completion anticipated in the second quarter of 2027.

### Architectural Design & Residences

Designed by Sarasota-based **Hoyt Architects**, One Park Sarasota will feature **86 fully finished three-bedroom private residences**. Each unit will offer breathtaking views of Sarasota Bay and the downtown skyline, as well as unobstructed views of The Bay Park.

Residents will enjoy spacious outdoor terraces with glass railings, summer kitchens, and a midnight bar in the primary bedrooms, blending luxury with functionality.

### Resort-Style Amenities

One Park Sarasota is set to offer an array of **high-end amenities**, including:

– An **infinity-edge pool and spa deck** with lounge seating
– The **One Park Wellness Spa**, featuring a Hammam spa, private his-and-hers lockers, saunas, and steam rooms
– A state-of-the-art **fitness studio**
– The **One Park Club Room** and **Owner’s Lounge**
– Hospitality suites and a **wine room**
– A **private theater** for residents

With its prime location, innovative design, and premium amenities, One Park Sarasota is poised to become a marquee residential destination in Sarasota.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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