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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