June 05, 2025

29-story condo tower planned for 4th Street South in downtown St. Pete, replacing earlier condotel proposal

June 05, 2025/ Veronica Brezina

A Clearwater-based developer is moving forward with revised plans for a high-rise residential tower in downtown St. Pete, significantly altering a previously approved design.

Valor Capital is seeking city approval to amend its original proposal for the Roche Bobois Residences, a project initially envisioned as a 25-story, 152-unit condotel tower.

The development is slated for the northeast corner of 4th Street South and 4th Avenue South, just two block from the Publix-anchored University Village retail plaza.

The revised plan reimagines the project as a 29-story condominium tower with 165 residential units, 4,103 square feet of commercial space, and 103 parking spaces (83 in a parking garage and 20 surface spaces to the west of the tower).

March 01, 2024

Done Deals: 25-story tower advances, Art House hits construction milestone, Clearwater estate lists for $37.5 million

March 01, 2024/ Veronica Brezina

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.

January 09, 2024

Developer moves forward on 25-story hybrid short-term rental condo project on 4th Street

January 09, 2024/ Veronica Brezina

A new ultra high-end 25-story condominium tower, with a mix of short-term rental and permanent residential units, will rise on 4th Street South.

Clearwater-based real estate firm Valor Capital plans to build a 152-unit upscale condo development at 332, 340, and 344 4th Street South. The property is located at the intersection of 4th Street South and 4th Avenue South and was assembled in a series of purchases that closed in 2022 for $5.2 million.

In an exclusive interview with St. Pete Rising, Valor Capital CEO Moises Agami said the $55 million project will be renamed Roche Bobois Residences as the team is working with the Paris, France-based luxury furniture designer Roche Bobois. Gomez Vazquez International is the building’s architect.

November 07, 2023

Plans revealed for 25-story condo-hotel on 4th Street in downtown St. Petersburg

November 07, 2023/ Anthony Close

Six months after announcing plans for a new development in downtown St. Petersburg, Clearwater-based Valor Capital is revealing new details for their mixed-use project planned for 344 4th Street South.

The 25-story building will reach a height of 325-feet and will contain 152 dwelling units or hotel units along with 4,893 square feet of commercial space and a 130-space parking garage.

The base of the tower will include retail space and a residential lobby along with a 4,000 square foot open space plaza. A sky bar is proposed for the rooftop.

May 08, 2023

Clearwater developer proposes mixed-use development in downtown St. Pete

May 08, 2023/ Anthony Close

Valor Capital, a Clearwater-based estate development firm, has announced that its latest development will be in downtown St. Petersburg. The proposed mixed-use development will feature luxury condominiums.

The group previously developed The SkyView condominiums at 412 Cleveland Street in downtown Clearwater and is current building Serena by the Bay, an 80-unit project at 1020 Sunset Point Road, also in Clearwater. In late 2022, Valor announced that Serena by the Bay had sold out.

Moises Agami, CEO of Valor Capital, says the development team is, “always on the lookout for up-and-coming areas like St. Petersburg, which offers a thriving atmosphere of opportunities, bursting with arts, culture, and high-tech industry.”