Sales launch for Art House, a 42-story building planned for 200 Central Avenue
/Days after receiving unanimous approval from St. Pete City Council, Kolter Urban has launched sales for their latest condominium tower in downtown St. Pete.
Kolter Urban, which previously built ONE St. Petersburg and is currently constructing Saltaire, is now planning Art House, a 42-story building at 200 Central Avenue. Art House will feature 244 units with two or three-bedrooms and between 1,300 and 2,600 square feet.
“Kolter Urban is thrilled to launch Art House and further elevate the thriving community of St. Petersburg,” says Bob Vail, President of Kolter Urban.
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St. Petersburg has a rule that protects our waterfront. If the city wants to lease public waterfront land for longer than a short term, voters decide. That rule is worth keeping, and a "yes" vote on Charter Amendment #2 does not weaken it.
Here is what it changes. Under the City Charter, Port leases are capped at 10 years unless voters approve more in a citywide referendum. Charter Amendment 2 would raise that cap to 25 years, the same limit Albert Whitted Airport has had since 2004, when voters raised it from five years. Giving the Port the same terms as its neighbor is sensible.
Here is what it does not change. The ballot language says the amendment "would not change the permitted use of the Port." It does not approve residential development at the site, and it does not approve any redevelopment of the Port. It changes one number, the maximum lease length. Every lease would still go through the city administration and City Council. The amendment does not hand anyone a blank check. It lets the city negotiate from a stronger position.