21-story luxury condo tower approved for former Fit2Run site in downtown St. Pete
/Plans to build a 14-story hotel on a prominent half-acre site in downtown St. Pete have been replaced with a new proposal for a 21-story luxury condominium tower.
The city’s Development Review Services Division this week administratively approved a $60 million condominium project for a 0.53-acre site at 232 and 256 2nd Street North, located across the street from the Sundial shopping center and AMC movie theater.
Proposed by Kolter Group, one of the city’s most prominent high-rise developers, the new tower will feature 62 residences, 7,600 square feet of commercial space for a private membership club, and a 133-space parking garage, more than double the 62 spaces required by code.
Kolter Group bought the property for $7.5 million in late 2021.
The site previously contained a surface parking lot and a nearly 90-year-old building that housed Fit2Run, the running specialty store that relocated to a larger storefront at 801 Central Avenue in 2024.
The Fit2Run building was demolished in March.
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