400 Central Ave

Downtown St. Pete’s tallest tower just landed its first retail tenant, marking a major milestone for the 46-story Residences at 400 Central set to open later this year.

Volta Wine + Market, an independent wine shop, specialty grocer, and boutique wine bar, is set to open in 2026 on the ground floor of the 301-unit condo tower being developed by New York-based Red Apple Group.

Wendy Giffin of Cushman & Wakefield represented Volta in the lease transaction.

The 2,000-square-foot storefront will be located mid-block on Central Avenue and marks the first announced retail tenant in the tower.

Volta is the creation of local residents Zach Pace and Rachelle Tomushev, who are bringing a curated but approachable food and wine experience to the downtown St. Pete.

The 46-story 400 Central condo tower under construction in downtown St. Petersburg has landed a major tenant to anchor its office space.

Financial services firm Dynasty Financial Partners will move from the 15th floor of 200 Central Avenue to 400 Central, which is the tallest building in St. Petersburg.

Dynasty has signed a 15-year lease to occupy all of 400 Central’s 45,000 square feet of Class A office space, according to a joint announcement from developer Red Apple Group and Dynasty.

The new headquarters will include a private entrance and lobby, a 15,000-square-foot rooftop terrace for special events, and several other custom amenities. Construction is underway, with Dynasty's move slated for November 2026.

The latest edition of Aerial St. Pete highlights the progress of six major real estate projects currently under construction in St. Petersburg.

Aerial St. Pete is a recurring column by St. Pete Rising that features exclusive aerial photography documenting the city’s rapid development. To capture these images, we’ve partnered with AB3 Visuals.

This month’s update showcases construction progress at the Residences at 400 Central, Art House, 3rd & 3rd, Echelon Site 7 & 8, Sky Town, and Viv Apartments.

The latest edition of Aerial St. Pete shows the progress of six major real estate projects currently under construction in St. Petersburg.

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 AB3 Visuals who captured these photos in December.

In the article, we show the construction progress for projects including Residences at 400 Central, Art House, 3rd & 3rd, Echelon Site 7 & 8, Institute Square, and Marina Club Apartments.

Topping out at 515 feet tall, the roof of the 46-story Residences at 400 Central condominium tower has been poured — marking the completion of vertical construction for the tallest residential building on Florida's Gulf Coast.

New York billionaire John Catsimatidis Sr., founder of development company Red Apple Group, alongside select media members, met at the site on Saturday morning for an exclusive view from atop the tower being constructed at 400 Central Avenue in downtown St. Pete.

Crews from Suffolk Construction are actively building out the Sky Lounge and Observatory on the 46th floor of the tower, which Catsimatidis Sr. refers to as the “Empire State Building of St. Pete.”

Vertical construction is nearly complete for Red Apple’s 46-story condominium tower, The Residences at 400 Central, as crews have reached the 43rd floor with a new floor being added every six days.

New York billionaire John Catsimatidis Sr., founder of Red Apple Group, and select media members gathered at the tower site on Monday morning for a ceremonial topping out celebration.

“I wanted to build something in honor of Margo’s parents who’ve been coming to St. Pete for 40 years,” said Catsimatidis Sr. “My only regret is that I did not invest sooner.”

This month’s edition of Aerial St. Pete shows the construction progress on seven residential towers currently under construction throughout downtown St. Petersburg.

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 AB3 Visuals. 

In the article, we show the construction progress for projects including The Nolen, Modera St. Petersburg, Art House, 3rd & 3rd, Residences at 400 Central, Reflection, and Viv Apartments.

The developers of The Residences at 400 Central, Red Apple Group, have revealed their vision for the ground floor retail space of what will soon become the tallest building in St. Petersburg.

The 46-story condominium tower is being built by Suffolk Construction at 400 Central Avenue in downtown St. Pete. When complete, the 1.3 million-square-foot project will soar 515 feet high, featuring 301 luxury condo units, 60,000 square feet of ground-floor retail and restaurants, 900 parking spaces, and 45,000 square feet of Class A office space.

Construction benchmarks are on the horizon, with the project expected to top out in late summer, becoming the tallest residential building on Florida’s west coast.

Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.

Have real estate news to share? Send us an email at hello@stpeterising.com

This month’s edition of Aerial St. Pete shows the construction progress on several real estate developments throughout downtown St. Petersburg.

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 AB3 Visuals. 

In the article, we show the construction progress for projects including The Nolen, Reflection, Residences at 400 Central, Viv Apartments, Modera St. Petersburg, Art House, the Cordova Inn expansion, and the Chabad Center for Jewish Life.