Aerial St. Pete: Downtown St. Petersburg's tallest residential developments are reshaping the skyline

Aerial St. Pete: Downtown St. Petersburg's tallest residential developments are reshaping the skyline

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.

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35-story condo tower Saltaire tops out in downtown St. Pete

35-story condo tower Saltaire tops out in downtown St. Pete

Saltaire, a 35-story condominium building currently under construction in downtown St. Pete, has topped out. The construction milestone comes just two months after the developer announced the development was sold out.

The project, which is located at 300 1st Street South, is being developed by Delray Beach-based Kolter Group and will feature 192 luxury condominiums along with 9,000 square feet of ground floor retail.

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35-story condo tower Saltaire sells out in downtown St. Pete

35-story condo tower Saltaire sells out in downtown St. Pete

Saltaire, a 35-story condominium tower under construction at 300 1st Street South, has sold out nearly a year before its expected completion in June 2023.

The modern high-rise is being developed by Delray Beach-based The Kolter Group. The company’s other St. Pete projects include ONE St. Petersburg, a 42-story condo tower located two blocks north of Saltaire, and Art House, also a 42-story condo tower coming soon to 200 Central Avenue.

Art House, which launched sales at the beginning of February, has already received reservations for over 100 of its 244 residential units.

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35-story Saltaire condo tower breaks ground in Downtown St. Pete

35-story Saltaire condo tower breaks ground in Downtown St. Pete

Amid the fanfare of the coronavirus pandemic, a significant project in Downtown St. Pete has taken steps toward becoming a reality. Saltaire, a 35-story condominium tower proposed for 300 1st Street South, recently announced it has broken ground on the site of the former parking lot of the Hilton St. Petersburg Bayfront Hotel.

Back in October 2019, Ashford Hospitality Trust, the owner of the Hilton Bayfront, sold the hotel’s 1.65 acre parking lot to KT St. Pete Bayfront, LLC for $17.5 million. KT St. Pete Bayfront, LLC is controlled by the Palm Beach County real estate development firm Kolter Group which is developing Saltaire.

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35-Story Saltaire Moves Forward with Council Approval

35-Story Saltaire Moves Forward with Council Approval

A condominium tower proposed for Downtown St. Pete moved one step closer to reality with an important approval from St. Pete City Council. Yesterday afternoon, City Council reviewed the plans for Saltaire, a 35-story condo tower proposed for the parking lot of the Bayfront Hilton Hotel, for consistency with the Intown Redevelopment Plan (IRP).

The Intown Redevelopment Plan is a revitalization plan that was adopted in 1982 in order to facilitate public and private investment in Downtown St. Pete. Simply put, the IRP is a framework for new development in downtown.

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