Renderings revealed for 162-unit condo development proposed for Corey Avenue in St. Pete Beach

Kolter plans to build condos and a mixed-use development at the previously proposed Corey Landing site in st. pete beach | kolter

A prime waterfront parcel in St. Pete Beach may become a new mixed-use condominium development with restaurants, retail, and public green space.

Delray Beach-based real estate developer Kolter Urban unveiled its vision for a property at the east end of Corey Avenue during a Monday evening community meeting at the Sirata Beach Resort.

During the meeting, Kolter showed renderings and a site plan for a 162-unit luxury condo development with 4,000 square feet of restaurant space, 8,540 square feet of retail space, 39 boat slips, and public amenities, such as a park, plaza, and promenade.

Over the past decade Kolter has become one of the most prolific developers in the region. The company has developed several condo towers in downtown St. Pete, including ONE St. Petersburg, which opened in 2019; Saltaire, which opened in 2023; and the upcoming Art House, which is set to debut this year.

Kolter has also completed condo developments in Tampa, Sarasota, and South Florida.

Kolter’s recent acquisitions include the former Corey Landing site plus two additional properties | kolter

In late 2024, Kolter paid $9.85 million for the Corey Avenue parcel that was previously slated to be developed into Corey Landing, a 243-unit apartment community with 10,000 square feet of retail space, a waterfront restaurant, a park, and boat docks.

The Corey Landing proposal was submitted by South Florida-based Ram Realty Advisors and was approved in March 2022; however the company announced it was no longer developing the project in June 2023.

In addition to the Corey Landing property, Kolter purchased two additional properties —a 0.37-acre property at 75 Corey Avenue, purchased for $3.5 million, and a 0.23-acre property at 85 Corey Circle, purchased for $1.75 million.

Charlie’s Transmissions currently occupies 75 Corey Avenue and The Blue Parrott restaurant and bar closed in August after 19 years in business at 85 Corey Circle.

Renderings show lush landscaping and wide sidewalks for the development that will encompass condos, retail, restaurants, and more | kolter

After purchasing the three properties, Kolter began designing their vision for a mixed-use destination that would anchor the east end of Corey Avenue and reconnect the community to the waterfront.

Similar to the original proposal by Ram Realty, Kolter envisions a live-work-and-play destination, but instead of apartments, Kolter is planning to develop owner-occupied condos.

Additionally, the density of the development will be reduced from 63 units per acre to under 34 units per acre and the massing of the project will change from a single large building to four smaller buildings.

The four condo buildings will be eight stories with seven floors of residences above ground-floor parking and retail. Corey Avenue would also be realigned with 34 public parking spaces.

Renderings show wide sidewalks, lush landscaping, and green space for residents and visitors to enjoy the waterfront while shopping and dining.

The waterfront development will have green spaces, a promenade, and focus on creating a sense of community at the site | kolter

“We look forward to collaborating with the City of St. Pete Beach to develop a mixed-use property that honors the unique beauty of the waterfront and captures the character of the community,” Brian Van Slyke, Regional President of Kolter Urban, previously said in an email to St. Pete Rising.

To faciliate the project, Kolter will be submitting a request to amend the existing Conditional Use Permit that was approved in 2022 for Ram Realty Advisors’ Corey Landing proposal.

The developer anticipates submitting the request in the coming months. Once submitted it will need to be approved by the St. Pete Beach City Commission.

If the amendment is not approved, the developer may still pursue the development plans that were approved in 2022.

Elise Batsel and Kevin Reali of Stearns Weaver Miller have been hired as Kolter’s legal team. Also involved in the development are architects Robert Hall and Claudia Bernal of GROH Architecture, Keith Morrow of Morrow Design, and Scott Gilner of civil engineering firm Kimley Horn.

A construction timeline and further details about the project have not yet been announced.