After the completion of ONE St. Petersburg, a 41-story condo tower which became the city’s tallest building last year, the developer behind it, Kolter Group, is preparing to quietly launch pre-sales for its latest Downtown St. Pete project.
Reservations will begin this week for Saltaire, a proposed 35-story condominium tower which is slated to be built on the current surface parking lot of the Hilton St. Petersburg Bayfront Hotel located at 300 1st Street South.
The building will be marketed exclusively to owners of units at ONE St. Petersburg for two weeks, according to an email that was sent to residents. ONE St. Petersburg’s 253 units sold out over six months before completion, and some of the units have already been resold for returns in the 30-40% range. Reservations for units at Saltaire open to the general public on May 9th.Read More