How PMG Created a New Playbook for Sarasota’s Next Chapter

With a portfolio of more than 175 developments across the country, Property Markets Group (PMG) has built its reputation on thoughtful design and long-term vision. But when founder Kevin Maloney discovered a rare side along Sarasota’s waterfront – set beside the emerging Bay Park and within walking distance to the cultural core – it called for a new approach.

Drawing on years of national experience and an understanding of Sarasota’s evolving lifestyle, PMG approached the site with a new playbook. The result is One Park Sarasota, a parkside address that prioritizes ease, walkability, and a more balanced way of living. With strong early interest and more than 70% of residences already spoken for, it’s clear the vision is resonating. Here’s a closer look at what’s shaping One Park’s appeal.

A National Legacy, Now Focused on Sarasota

Property Market Group is bringing a depth of experience to their vision for One Park Sarasota. The firm has developed a $12 billion portfolio since 1991, including more than 10,000 residences and 18 million square feet nationwide. Their work includes iconic towers like 111 West 57th Street in Manhattan, the landmark Waldorf Astoria Residences Miami, and design-forward communities like Milieu in Chicago’s West Loop. Recognized for setting new benchmarks in architecture and urban living, PMG has earned accolades such as the ULI Vision Award and honors from the International Property Awards.

Blending Urban Energy with Parkside Ease

As walkability continues to shape buyer preferences, PMG recognized the value of selecting a location that brings convenience and connection. One Park is situated just across Boulevard of the Arts from The Bay Park, a 53-acre waterfront destination that has quickly become the city’s most cherished public space. For future residents, this means mornings can begin with walks beneath the mangroves, afternoons may lead to a paddle across Sarasota Bay, and evenings often unfold with live music, food trucks, or a quiet sunset along the shoreline. All without having to worry about driving, planning, or parking.

Five-Star Comforts, All on One Level

Yet, the lifestyle experience for residents will begin right at home. PMG designed all amenities across a single, 40,000-square-foot level. Situated on the fourth floor, this intentional layout encourages connection while offering a rare mix of wellness and entertainment features.

An infinity-edge pool, open-air lounges, and indoor social spaces overlook The Bay Park, while the Wellness Center includes a Turkish-style Hammam Spa and private saunas. The Fitness Studio goes beyond cardio and strength equipment to also provide dedicated Pilates, Spin, and outdoor yoga areas. Entertainment features range from a private theater and golf simulator to a wine and piano lounge, with concierge services like valet, package delivery, and dog walking adding everyday ease.

Fully Furnished Residences Reflect a Higher Standard

Careful consideration was also given to the design of each of One Park’s 86 three-bedroom residences. Property Markets Group will deliver every home fully furnished, with hand-selected finishes and features that reflect a high standard of craftsmanship. Floor-to-ceiling windows and private terraces provide natural light. Interiors are brought together by a soft, sophisticated palette—white quartz countertops, Italian cabinetry, and flooring in porcelain, or wood.

Kitchens are equipped with Wolf and Sub-Zero appliances and custom backsplashes, while Owner’s Suites feature generous walk-in closets, spa-inspired baths, and thoughtful additions like built-in midnight bars. PMG’s integrated smart home technology offers seamless control of lighting, climate, and entertainment from a single, intuitive app.

Momentum Builds for Sarasota’s Next Icon

With nearly 70% of residences already sold, interest in this landmark downtown address continues to build. Buyers are drawn to the rare opportunity Property Markets Group has created—a walkable, parkside lifestyle in the heart of Sarasota, with pricing from the mid $2 millions. Now that vertical construction is well underway, future residents are looking forward to making the most of those bayfront views in the not-too-distant future.

For more information, contact Coldwell Banker Real Estate, the exclusive sales representatives, at 941-225-4447 or visit OneParkSarasota.com. The One Park Sales Gallery is open daily at 20 N. Lemon Avenue, just south of First Street in Downtown Sarasota.