42-story Art House condo tower tops out in downtown St. Pete

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42-story Art House condo tower tops out in downtown St. Pete

Soaring 450 feet, the 42-story Art House condominium tower in downtown St. Pete has now reached vertical completion.

The topping off of Art House marks a key milestone in the construction of the new 244-unit luxury condo tower at 235 1st Avenue South.

South Florida-based developer Kolter Urban, which has developed two other condo projects in downtown St. Pete, the 41-story ONE St. Petersburg and the recently completed 35-story Saltaire, will hold a private celebration on Thursday evening commemorating the construction milestone.

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49-story Waldorf Astoria Residences approved by St. Pete development commission

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49-story Waldorf Astoria Residences approved by St. Pete development commission

Shovels may hit the ground in the future for the 49-story Waldorf Astoria Residences in downtown St. Pete, which would become the city's first hotel-branded luxury condominium.

During a Tuesday Development Review Commission meeting, commissioners unanimously approved the site plan, floor area ratio bonuses, and a building height bonus for the massive tower that would rise at 150 2nd Avenue South.

With the new approval of the DRC and recent passing from the City Council acting as the Community Redevelopment Agency, the team will need additional approval from the Federal Aviation Administration (FAA).

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Upscale seafood restaurant Sea Salt to close after nearly a decade in downtown St. Pete

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Upscale seafood restaurant Sea Salt to close after nearly a decade in downtown St. Pete

Downtown St. Pete staple Sea Salt, an upscale Venetian-inspired seafood restaurant, will permanently close by the end of the year after nearly a decade in business.

Located at 183 2nd Avenue North in the Sundial shopping plaza, the restaurant will serve its last meal on December 31st, according to an announcement from the owners and husband-and-wife Ingrid Aielli and Chef Fabrizio Aielli.

The owners of Sundial are not wasting any time filling the soon-to-be empty space. In a conversation with St. Pete Rising, a representative from Paradise Ventures hinted that discussions are ongoing with a replacement tenant for the Sea Salt space and stated, “good things are in the works.”

As for Sea Salt, the owners sent out an email to their customers stating, “The past 10 years have been nothing short of amazing.”

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Done Deals: Big Lots to close St. Pete stores, Dispensary replaces art gallery, Sundial signs another lease

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Done Deals: Big Lots to close St. Pete stores, Dispensary replaces art gallery, Sundial signs another lease

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.

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Downtown St. Pete apartment complex 930 Central Flats sells for $81 million

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Downtown St. Pete apartment complex 930 Central Flats sells for $81 million

930 Central Flats, a luxury six-story 218-unit apartment community in Downtown St. Pete’s EDGE District, has a new owner.

Texas-based residential real estate management group Olympus Property, which owns multiple apartment complexes across Florida, has acquired the upscale apartment complex at 930 Central Avenue for $81 million, according to a deed published on October 28th.

The group purchased the complex from White Oak Partners, which purchased the property in 2020 for $64 million.

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