35-story condo tower Saltaire sells out in downtown St. Pete
/Saltaire, a 35-story condominium tower under construction at 300 1st Street South, has sold out nearly a year before its expected completion in June 2023.
The modern high-rise is being developed by Delray Beach-based The Kolter Group. The company’s other St. Pete projects include ONE St. Petersburg, a 42-story condo tower located two blocks north of Saltaire, and Art House, also a 42-story condo tower coming soon to 200 Central Avenue.
Art House, which launched sales at the beginning of February, has already received reservations for over 100 of its 244 residential units.
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Plans have been revealed for two 44-story condominium towers at the site of the Hilton St. Petersburg Bayfront, in what would be one of the largest condo developments ever proposed for downtown St. Pete.
Delray Beach-based Kolter Urban recently circulated a site plan application to neighborhood and business associations outlining a $325 million redevelopment of the hotel property at 333 1st Street South.
If built as proposed, the towers would rise up to 509 feet. Only two existing or planned towers in St. Petersburg would be taller: the 515-foot Residences at 400 Central and the 539-foot Waldorf Astoria Residences planned at 150 2nd Avenue South.
The two new towers, which have been designed by 10 Design, would tie for the city’s third-tallest buildings, ahead of the 450-foot Art House and ONE St. Petersburg towers and the 408-foot Saltaire.
The proposal calls for 325 condo units, 17,988 square feet of commercial space, and a 519-space parking garage.
Kolter would also make 207 spaces in the adjacent Saltaire garage available to residents, for a total of 726 parking spaces.