Aerial St. Pete: Downtown St. Petersburg’s skyline rises to new heights with new development

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Aerial St. Pete: Downtown St. Petersburg’s skyline rises to new heights with new development

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, The EDGE Collective, Modera St. Petersburg, The Nolen, Reflection, The Residences at 400 Central, and Viv Apartments.

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46-story 400 Central continues to rise, eclipses $250 million in condo sales

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46-story 400 Central continues to rise, eclipses $250 million in condo sales

On a construction tour held over the weekend, developer Red Apple Real Estate announced that its upcoming 46-story condominium tower, The Residences at 400 Central, has eclipsed $250 million in sales with $50 million coming in the past six weeks.

“The word is out about this iconic project,” said John Catsimatidis Sr., founder of Red Apple Real Estate. “Our sales have come from across Florida, the Northeast, the Midwest, and the West. This project is especially meaningful to me, as St. Petersburg is so close to my heart and my family’s heart.” 

The 515-foot-tall building, which is being constructed on a full city block in downtown St. Pete, will feature 301 luxury condo units, 60,000 square feet of ground-floor retail and restaurants, 45,000 square feet of Class A office space, and 900 parking spaces. Once complete, 400 Central will be the tallest residential tower on Florida’s west coast.

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

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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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The Residences at 400 Central secures $252 million construction loan

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The Residences at 400 Central secures $252 million construction loan

Red Apple Real Estate, the developer behind The Residences at 400 Central, announced that the project has secured a $252 million construction loan and is set to go vertical construction.

The 46-story mixed-use development is slated for a 2.3-acre site at 400 Central Avenue in downtown St. Pete and will include 301 condominium residences ranging from one- to four-bedroom units along with 40,000 square feet of Class A office space, and 25,000 square feet of ground floor retail space.

The construction loan is being provided by Bank OZK, one of the nation’s most active construction lenders. While Bank OZK is based in Little Rock, Arkansas, it has a significant presence in St. Petersburg. Bank OZK Innovations Lab, the bank’s entrepreneurial and innovation hub, is based in downtown St. Petersburg.

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Aerial St. Pete: Downtown St. Pete's skyline to transform with new high-rise developments under construction

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Aerial St. Pete: Downtown St. Pete's skyline to transform with new high-rise developments under construction

This article of Aerial St. Pete shows the progress on several downtown high-rise projects. 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 six projects that are expected to transform the downtown St. Pete skyline. These projects include: Ascent St. Petersburg, The EDGE Collective, Evo, Modera St. Petersburg, Reflection, and the Residences at 400 Central. Some of these projects will wrap up early next year while others will remain under construction for years to come.

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400 Central begins foundation work, readies for vertical construction in downtown St. Pete

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400 Central begins foundation work, readies for vertical construction in downtown St. Pete

Construction continues on what will soon be the tallest residential building on Florida’s Gulf Coast — The Residences at 400 Central. When complete in 2024, the 46-story tower will contain 301 condominium units, 25,000 square feet of ground floor retail space, and 45,000 square feet of Class A office space.

With initial sitework and extensive underground testing complete, 400 Central has kicked off construction of the permanent foundation for the new $400 million mixed-use tower in downtown St. Petersburg.

In contrast to the construction of many other downtown towers, these foundation elements will be drilled, and then filled with steel reinforcing and high-strength concrete, rather than being pounded into the ground – minimizing the disturbance to the project’s downtown neighbors.

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Aerial St. Pete: Construction updates from St. Pete's newest high-rise developments

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Aerial St. Pete: Construction updates from St. Pete's newest high-rise developments

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.

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Reservations for 46-story condo tower at 400 Central Avenue surpass $150 million

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Reservations for 46-story condo tower at 400 Central Avenue surpass $150 million

Reservations for the luxury condominiums at The Residences at 400 Central are exceeding expectations in the first 90 days since sales launch.

The 515-foot tower, which is under construction at 400 Central Avenue in downtown St. Pete, has surpassed $150 million in sales. The 46-story tower is expected to become the tallest building on Florida’s Gulf Coast and will contain 301 condominium units ranging from 1,277 to 5,600 square feet.

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46-story condo tower, 400 Central, breaks ground in downtown St. Pete

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46-story condo tower, 400 Central, breaks ground in downtown St. Pete

Just two weeks after the sales launch, a ceremonial groundbreaking was held this morning for 400 Central, a 46-story condominium tower to be constructed in the heart of downtown St. Pete.

Located on a full city block at 400 Central Avenue, the project is being spearheaded by billionaire developer John Catsimatidis Sr., owner of Red Apple Group, who was in attendance with his wife and children.

“St. Petersburg is such a special community, and we are honored to help contribute to the growing vibrancy of this wonderful city,” said John Catsimatidis Sr. “The pace of reservations already far exceeds our expectations, and I am immensely proud of the development team that is bringing this project to life. This is a community where I have had family ties for more than 30 years and I can hardly wait to greet our future residents as they move into their new homes in the sky.”

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Sales launch for The Residences at 400 Central, a 46-story condo tower in downtown St. Pete

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Sales launch for The Residences at 400 Central, a 46-story condo tower in downtown St. Pete

Sales have launched for 400 Central, a 46-story luxury condo building slated to be built on the 400 block of Central Avenue in Downtown St Pete. Once completed, the 515-foot, $400 million tower developed by Red Apple Real Estate will be the tallest building on Florida’s Gulf Coast. The community will feature a residents-only glass-enclosed Sky Lounge with sweeping views of Tampa Bay and the Gulf of Mexico on the top floor.

Designed by award-winning global architecture firm Arquitectonica of Miami, the building’s 301 coastal-modern residential units will include twenty different floor plans with 2-4 bedrooms and custom 2-story penthouse homes ranging from 1,277 to 5,600 square feet. Each unit will have an open concept floor plan with 10-foot ceilings, floor-to-ceiling windows, spa-style bathrooms, and a gourmet kitchen with quartz countertops, stainless steel appliances, and European style cabinetry.

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