Sirata Beach Resort completes $25 million renovation, will become a Tapestry Collection by Hilton hotel

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Sirata Beach Resort completes $25 million renovation, will become a Tapestry Collection by Hilton hotel

The Sirata Beach Resort, one of the most popular hotels on St. Pete Beach, is in the midst of a significant transformation as it transitions into a Tapestry Collection by Hilton property.

The 382-key resort at 5300 Gulf Boulevard, located directly on the Gulf of Mexico, has completed the first phase of renovations, a $25 million upgrade to guest rooms, suites, the lobby, and the fitness center at Sirata Beach Resort. The work is designed to enhance amenities for both vacationers and corporate retreats.

The property is owned by Kentucky-based Columbia Sussex, which purchased the property in late 2022 for $207 million. The Sirata Beach Resort will transition to the Tapestry Collection by Hilton following the completion of Phase II. The Tapestry Collection is a curated portfolio of boutique hotels known for their local character and distinctive style.

There are currently two other Tapestry Collection by Hilton properties in the Tampa Bay area: Hotel Flor and Hotel Alba, both located in Tampa.

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$27 million penthouse sale at Waldorf Astoria Residences in downtown St. Pete shatters Tampa Bay condo record

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$27 million penthouse sale at Waldorf Astoria Residences in downtown St. Pete shatters Tampa Bay condo record

A local business leader has purchased a two-story penthouse atop the planned 50-story Waldorf Astoria Residences tower in downtown St. Petersburg for $27 million.

Planned for 150 2nd Avenue South, the Waldorf Astoria Residences will be the city’s tallest building and the first five-star branded condo tower in St. Petersburg. The project will include 163 condominiums, 73,000 square feet of Class A office space, 10,000 square feet of ground-floor retail, and a wide range of luxury amenities.

The sale of the 11,000-square-foot rooftop unit has shattered the record for the most expensive condominium ever sold in the Tampa Bay area.

The previous high in St. Pete was an $8.25 million penthouse at Saltaire, located next to the proposed Waldorf Astoria tower in downtown St. Pete, which sold in 2024. In Tampa, the record is an $11.6 million penthouse at the Ritz-Carlton Residences, sold in 2021.

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50-story Waldorf Astoria Residences in downtown St. Pete launch sales starting at $2.5 million

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50-story Waldorf Astoria Residences in downtown St. Pete launch sales starting at $2.5 million

Sales have launched for the Waldorf Astoria Residences in downtown St. Petersburg, a project that will become the city’s tallest tower and its first hotel-branded luxury condominium.

The 50-story, 539-foot-tall tower planned for 150 2nd Avenue South will include 163 condominiums, 73,000 square feet of Class A office space, 10,000 square feet of ground-floor retail, and an extensive collection of high-end residential amenities.

Pricing for the luxury condominiums start at $2.5 million.

The $500 million tower, which will be managed by Hilton, is being co-developed by Miami-based Property Markets Group and St. Petersburg-based Feldman Equities, who own the adjacent City Center office building. Vancouver-based City Office REIT and Orlando-based Tower Realty Partners are also involved. Smith & Associates Real Estate is overseeing the sales.

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