Plans revealed for the final Quay development

All of The Quay lifestyle without all of the price. 

That’s how Property Markets Group Managing Partner Dan Kaplan described One Park West, which represents the final block to be developed in the 14-acre cluster of high-end multifamily residences west of U.S. 41 between Boulevard of the Arts and Fruitville Road.

With its plans for One Park cleared by the city staff and a pending date with the Planning Commission for final approval, Miami-based PMG and MoneyShow of Sarasota last week formally announced its 18-story, 69-unit sister tower.

One Park will be built on Block 1 and One Park West on Block 9. The original plan to build One Park on both blocks crossing over Quay Commons with an amenity-filled breezeway was abandoned after succumbing to legal hurdles.

The solution was two towers offering a greater variety for Quay condo buyers.

“Despite the fact we had to wait a little bit longer than we otherwise wanted to, we ended up at the same place if not a little bit better,” Kaplan said.

Compared to the balance of condominiums in The Quay, One Park West will be value priced, starting in the low $1 million range. Meanwhile, at about 60% pre-sold, One Park pricing starts at $3 million to $3.5 million and tops out at the most expensive penthouse at $12.5 million.

The One Park towers will join the already-occupied Ritz-Carlton Residences on Block 6 and Bayso on blocks 4 and 5, the approved Ritz-Carlton South tower on Block 8, and the under-construction Cordelia luxury rental apartments on Blocks 2 and 3. Also under construction is the high-end seafood restaurant Ocean Prime on Block 10. 

“We identified One Park West as a building for people who want to live The Quay lifestyle and want to do so at a lesser price,” Kaplan said. “So with that we priced every unit under $3 million, and really important starting in the $1 millions. One Park West will have a similar amenity package to One Park. It will have similar finishes. It will just be smaller units at a lower price and it won't quite have the views One Park has.”

Designed by Sarasota-based firm Hoyt Architects, One Park West will feature one-, two- and three-bedroom residences as well as a penthouse collection with sizes ranging from 1,033 to 2,250 square feet. Each unit will have 10-foot ceilings; floor-to-ceiling windows with views of downtown, The Quay's central park, the entertainment district, and Sarasota Bay; fully built-out closets; contemporary lighting packages; and porcelain slab or wood flooring throughout. 

They also will include outdoor terraces with glass railings, imported and custom high-end Italian kitchen and bathroom cabinetry, and smart home technology. Select residences will also have an oversized soaking tub. 

Residents will have access to amenities such as a rooftop sky lounge, fitness studio, a pickleball court, hot and cold plunge pools, an infinity-edge pool with lounge areas and grilling stations, private lockers, saunas and steam rooms, owner’s lounge, theater room, executive work space and a dog run. A dedicated concierge staff will offer valet parking and a mail room with package storage space.

With full sign-off by the city’s Development Review Committee, One Park is scheduled to go before the Planning Board on June 12 and, if approved, begin construction in September or October. One Park West is currently progressing through the DRC gauntlet, and Kaplan said he hopes the project will receive at least partial sign-off in June or July, and then go before the Planning Board in September. 

The Planning Board has final approval authority for all developments within The Quay.

One Park West residences will be offered exclusively by Chelsa Vahtomin and Robert Robinson of Coldwell Banker Realty. Reservations are now being accepted.