What's Happening?
Sales have officially commenced for the Waldorf Astoria Residences Sarasota, marking a significant development for both the city and the luxury brand. This new residential tower, developed by Jebcore Companies and WMG Development, will rise 18 stories and feature 86 private residences. The residences range from one to five bedrooms, offering expansive floor plans, 14-foot ceilings, and floor-to-ceiling windows. The design, crafted by ODP Architecture & Design with interiors by Workshop/APD, combines timeless materials with modern functionality. Residents will have access to over 60,000 square feet of amenities, including a wellness center, private dining room, and a resort-style pool. The project is set in the heart of Sarasota's downtown, providing
easy access to cultural institutions, dining, and shopping. Construction is expected to begin in late 2026, with completion anticipated in 2029. Residences are priced starting at $2.2 million.
Why It's Important?
The launch of the Waldorf Astoria Residences in Sarasota underscores the city's growing reputation as a desirable coastal destination. This development not only enhances Sarasota's luxury real estate market but also contributes to its cultural and economic appeal. The project is expected to attract affluent buyers, boosting local businesses and potentially increasing property values in the area. Additionally, the inclusion of exclusive Waldorf Astoria Signature Benefits for owners, such as Hilton Honors Diamond status and elite travel privileges, adds significant value to the investment. This development aligns with Sarasota's recognition for its quality of life, arts, and community amenities, further solidifying its status as a top U.S. city for lifestyle and desirability.
What's Next?
As construction is slated to begin in late 2026, the focus will be on the project's development and its impact on the local real estate market. Stakeholders, including potential buyers and local businesses, will be closely monitoring the progress. The completion of the residences in 2029 will likely attract new residents and visitors, contributing to Sarasota's economic growth. Additionally, the project's success could inspire further luxury developments in the region, enhancing Sarasota's appeal as a premier destination for high-end living.
