40-unit condo building Castille Urbana opens in downtown St. Pete
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Construction is complete and move-ins have commenced at Castille Urbana, a new 40-unit condominium building, in downtown St. Pete.
NJR Investment and Development Company, which is helmed by CEO and President Neil Rauenhorst, recently announced the completion of the five-story building at 600 3rd Avenue South, located just three blocks from St. Pete’s best restaurants, bars, and coffee shops on Central Avenue.
“This milestone marks a significant achievement, particularly in a market where delays have become common,” Rauenhorst said in an announcement. “We’re thrilled to provide new homeowners the opportunity to move in without waiting, delivering a truly unparalleled downtown St. Pete lifestyle.”
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South Carolina-based multifamily developer Greystar Real Estate Partners, in partnership with St. Pete-based Blake Investment Partners, has topped out The Henry at Whitney Village, a five-story, 325-unit apartment complex under construction in St. Petersburg’s Grand Central District.
The building is located on 3.37 acres on the east side of the Jim & Heather Gills YMCA at 3200 1st Avenue South. Greystar purchased the property from the YMCA in January 2025 for $12 million.
“We are proud to have reached this important milestone and look forward to welcoming residents to the Henry at Whitney Village in Spring 2027,” David King, managing director for development at Greystar, said in a statement to St. Pete Rising.
The apartment complex is part of the first phase of Whitney Village, a five-acre mixed-use development on a portion of the YMCA property that will include apartments, retail, and a renovated YMCA facility.
The first phase also included an extensive renovation of the 25-year-old, 54,000-square-foot YMCA facility on the west side of the property, funded by proceeds from the property sale.