Developers of 400 Central reveal new renderings and vision for retail space

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Developers of 400 Central reveal new renderings and vision for retail space

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.

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Done Deals: Leasing launches for new downtown office tower, 400 Central penthouses go under contract

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Done Deals: Leasing launches for new downtown office tower, 400 Central penthouses go under contract

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

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Aerial St. Pete: New downtown towers join an ever-expanding skyline in St. Pete

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Aerial St. Pete: New downtown towers join an ever-expanding skyline in St. Pete

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.

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400 Central reaches the halfway mark in downtown St. Pete

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400 Central reaches the halfway mark in downtown St. Pete

Hundreds of contractors from Suffolk Construction are pouring concrete floor by floor for 400 Central, a 46-story luxury condominium tower under construction in downtown St. Pete. The tower, which adds a floor every six days, is now more than halfway complete at 250 feet high.

New York billionaire John Catsimatidis Sr., founder of Red Apple Real Estate, and select media members, climbed inside a freight elevator and were hoisted up to the newly completed floors to catch a glimpse of the expansive views from what will soon be the tallest residential tower on Florida’s west coast.

The terraces of the future condos on the 25th floor boast panoramic views of the downtown core and Mirror Lake to the edge of the waterfront and sights of the foggy Sunshine Skyway Bridge in the distance.

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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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