Waldorf Astoria Residences tops $200 million in sales ahead of groundbreaking
/St. Petersburg’s first hotel-branded luxury condo tower has surpassed $200 million in sales ahead of its anticipated groundbreaking later this year.
The 50-story, 163-unit Waldorf Astoria Residences St. Petersburg, planned for 150 2nd Avenue South, reached the sales milestone roughly eight months after the development team announced the project had exceeded $100 million in sales.
The tower, which is expected to become the tallest building in the city, is being co-developed by Miami-based Property Markets Group (PMG) and St. Petersburg-based Feldman Equities, in partnership with Vancouver-based City Office REIT and Orlando-based Tower Realty Partners.
“Reaching $200 million sold at Waldorf Astoria Residences St. Petersburg is a landmark achievement and a powerful signal that demand for highly amenitized, hospitality-driven luxury residences in the Greater Tampa Bay Area is real and growing,” PMG Managing Partner Ryan Shear said in an announcement.
The $500 million tower will feature two- and three-bedroom residences, with prices currently starting at $2.9 million.
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A new family-owned restaurant serving pizzas, burgers, empanadas, and other Argentinian dishes is preparing to open in Pinellas Park.
Pizzardis will open at 7820 49th Street North, near England Brothers Park and the Pinellas Park Performing Arts Center. The building was previously home to Pinellas Park's Fresh Produce.
Owner Victoria Fecarotta said she and her husband expect to welcome their first customers during the last week of September.
For Fecarotta, the restaurant is rooted in memories of food bringing people together in Argentina, from long Sunday lunches to Friday nights spent sharing pizza with family.
She moved to the United States in 2001 and, after years in the restaurant business and previously owning a restaurant with her husband in Chicago, is ready to open a place of her own in Pinellas County.