Ascent St Petersburg

This month’s edition of Aerial St. Pete shows the progress on several real estate developments throughout St. Petersburg, FL. Aerial St. Pete is a column by St. Pete Rising which features exclusive aerial photography of projects under construction in St. Pete. To accomplish this, we have teamed up with AB3 Visuals. 

In this article we are taking a look at Art House, Ascent St. Petersburg, Evo, Modera St. Petersburg, The Residences at 400 Central, and Saltaire.

Each of these developments is a residential tower project that is helping reshape the downtown St. Petersburg skyline. They are all above 20 stories tall and are in various stages of construction – some of the towers are nearing completion while others are just beginning to rise.

St. Pete Rising looks froward to continuing to be your source for St. Pete real estate development news and we will continue to track these projects as they near completion.

Two years after breaking ground, Ascent St. Pete, a luxury apartment tower that also features a hotel, has started moving in residents.

The $117 million, 36-story Ascent, located at 225 1st Avenue North, began pre-releasing its apartments in September last year, a few months after the project topped out at 378 feet.

Developed by South Carolina-based Greystar Real Estate Partners, the building features 357 apartments and a 172-key AC Hotel by Marriott, which Greystar recently sold to OTO Development for $60 million.

Downtown St. Pete’s newest rooftop bar will open early next year on top of the AC Hotel by Marriott, which is currently under construction at 110 2nd Street North.

The 172-key AC Hotel is part of Ascent St. Pete, a 36-story $117 million hotel and apartment tower being developed and constructed by Greystar Real Estate Partners. Headquartered in Charleston, South Carolina, Greystar is the largest developer, manager, and builder of apartments in the United States.

Cane & Barrel, the hotel’s signature rooftop terrace bar, will be located on the 8th floor of the hotel. The bar will be inspired by Cuban heritage and is designed with the flora and fauna of Florida in mind. The bar’s interiors were designed by the California-based Ellis Adams Group.

Pre-leasing has begun for downtown St. Pete’s newest luxury apartment tower, Ascent St. Petersburg, located at 225 1st Avenue North on northwest corner of 1st Avenue North and 2nd Street.

A leasing center is now open at 212 2nd Street North in a space formerly occupied by The Bula Barua Gallery.

The 36-story mixed-use development broke ground in December 2020, topped out in April 2022, and expects to begin moving in new residents by January 2023 with final construction completed by May 2023.

Soaring to a height of 378 feet, Ascent St. Petersburg will be the tallest apartment building in downtown St. Pete and among the tallest overall.

The latest edition of Aerial St. Pete shows the progress on several downtown high-rise developments. Aerial St. Pete is a column by St. Pete Rising which features exclusive aerial photography of projects under construction in St. Petersburg, FL. To accomplish this, we have teamed up with Anthony Bove at AB3 Visuals.

In this article we are taking a look at five projects in downtown St. Pete which are in various stages of construction. Some are in the site clearing stage while other are topped out and closer to completion. These projects include: Evo, Ascent St. Petersburg, Modera St. Petersburg, Reflection, Saltaire. We look forward to following these projects as they grow closer to completion.

Ascent St. Petersburg, a 36-story mixed-use building currently under construction in downtown St. Pete, has topped out.

The project, which is located at northwest corner of 1st Avenue North and 2nd Street, is being developed by Greystar Real Estate Partners and will feature 357 apartments along with a 172-key AC Hotel by Marriott.

The latest edition of Aerial St. Pete shows the progress on several downtown high-rise developments. Aerial St. Pete is a column by St. Pete Rising which features exclusive aerial photography of projects under construction in St. Petersburg, FL. To accomplish this, we have teamed up with Anthony Bove at AB3 Visuals.

In this article we are taking a look at five projects in downtown St. Pete which are in various stages of construction. Some are in the demolition stage while other are topped out and closer to completion. These projects include: 334 Apartments, Residences at 400 Central, Ascent St. Petersburg, Saltaire, and Orange Station. We look forward to following these projects as they grow closer to completion.

The latest edition of Aerial St. Pete shows the latest progress on several downtown developments. Aerial St. Pete is a quarterly column by St. Pete Rising which features exclusive aerial photography of projects under construction in downtown St. Petersburg, FL. To accomplish this, we team up with Anthony Bove at AB3 Visuals.

This quarter we are taking a look at six projects in downtown St. Pete which have all broken ground in the past year. These include: 334 Apartments, 357 Apartments, Ascent St. Petersburg, Domus Urbana, Saltiare, and The Metro.

The latest edition of Aerial St. Pete shows some of the early progress on several downtown developments. Aerial St. Pete is a quarterly column by St. Pete Rising which features exclusive aerial photography of projects under construction in St. Petersburg, FL. To accomplish this, we have teamed up with Anthony Bove at AB3 Visuals.

This quarter we are taking a look at five projects in downtown St. Pete which have all broken ground in the past year. These include: 334 Apartments, Ascent St. Petersburg, Domus Urbana, Driftwood on Central, and Saltaire.

Ascent St. Petersburg, a 36-story mixed-use building planned for the northwest corner of 2nd Street and 1st Avenue North in downtown St. Pete, took a huge step forward last Friday. The developer of the project, Greystar Real Estate Partners, simultaneously closed on the land and two construction loans.

The 1.26-acre tract of land sold for just under $15.1 million, or about $12.0 million per acre. The transaction represents one of the highest prices per acre ever paid for land in downtown St. Pete.

The recent record price for land in downtown belongs to Kolter Group for their purchase of a parking lot next to the Hilton St. Petersburg Bayfront hotel. That sale, which occurred in October 2019, hit $12.2 million per acre. Saltaire, a 35-story condominium tower, is currently under construction on that site.

One day after Greystar closed on the land for Ascent, a fence was erected around the perimeter of the site, which is situated adjacent to the 16-story Duke Energy building and across the street from the Jannus Block, downtown’s hub for nightlife. Site preparations have already begun, and vertical construction is slated to ramp up in the new year.