Michael Saunders & Company to open new downtown St. Pete office inside 46-story 400 Central tower
/Sarasota-based real estate firm Michael Saunders & Company is expanding into downtown St. Petersburg with a new office on the ground floor of the 46-story Residences at 400 Central luxury condo tower, which is set to welcome its first residents later this month.
The company, which has served as the exclusive sales agent for Red Apple Group’s 400 Central project, has leased 3,000 square feet fronting Central Avenue. The new office slated to open in spring 2026.
In the meantime, Michael Saunders & Company will operate from a temporary office across the street at 449 Central Avenue while continuing to run the 400 Central sales gallery at 465 Central Avenue.
The expansion strengthens the firm’s presence in the Tampa Bay market at a time when it has added several well-known local agents, including the Jennifer Thayer Group, Julie Larsen, Rodger Kooser, Ashley Nuccio, Dale Guivas, Rick Scherer, and the Dynasty Group.
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A 31-acre office property along McCann Lake has received preliminary approval for what would become the largest apartment community in Pinellas Park, with 552 units, including at least 221 affordable apartments.
City staff approved the preliminary site plan on September 30th for 10222 MCI Drive in the Gateway Centre Business Park.
The two-phase development would replace an office campus with nine four-story apartment buildings, two clubhouses, pickleball courts, and 847 parking spaces.
The apartment proposal relies on Florida’s Live Local Act, which allows residential development on the industrially zoned property, provided that at least 40% of the apartments, or at least 221 units, are reserved for households earning at or below 120% of the area median income for a minimum of 30 years.
The remaining 331 apartments would be leased at market rates.
Plans call for apartments ranging from studios to three-bedroom units. All nine residential buildings would rise four stories, with a maximum height of 50 feet.