What's Happening?
Sales have commenced for the Waldorf Astoria Residences Sarasota, marking the brand's first residential project in the city. The 18-story tower, developed by Jebcore Companies and WMG Development, features
86 private residences ranging from one to five bedrooms. Designed by ODP Architecture & Design with interiors by Workshop/APD, the residences offer expansive floor plans, high ceilings, and modern amenities. Residents will have access to over 60,000 square feet of interior and outdoor spaces, including a wellness center, spa, and a garden in the sky. The project is set in downtown Sarasota, known for its cultural scene and desirable lifestyle.
Why It's Important?
The launch of Waldorf Astoria Residences in Sarasota signifies a significant investment in the city's luxury real estate market. This development is expected to attract affluent buyers seeking high-end living with access to cultural and recreational amenities. The project enhances Sarasota's reputation as a desirable coastal city, potentially boosting local economic growth and increasing property values. The inclusion of exclusive Waldorf Astoria benefits, such as Hilton Honors Diamond status, adds value for potential buyers, making it a competitive offering in the luxury real estate sector.
What's Next?
Construction of the Waldorf Astoria Residences Sarasota is anticipated to begin in late 2026, with completion expected in 2029. As sales continue, the development may influence further luxury real estate projects in the area. The project's success could lead to increased interest from other luxury brands and developers, further transforming Sarasota into a hub for high-end residential living. Stakeholders, including local businesses and cultural institutions, may benefit from the influx of new residents and increased tourism.
