Waldorf Astoria Residences tops $200 million in sales ahead of groundbreaking
/St. Petersburg’s first hotel-branded luxury condo tower has surpassed $200 million in sales ahead of its anticipated groundbreaking later this year.
The 50-story, 163-unit Waldorf Astoria Residences St. Petersburg, planned for 150 2nd Avenue South, reached the sales milestone roughly eight months after the development team announced the project had exceeded $100 million in sales.
The tower, which is expected to become the tallest building in the city, is being co-developed by Miami-based Property Markets Group (PMG) and St. Petersburg-based Feldman Equities, in partnership with Vancouver-based City Office REIT and Orlando-based Tower Realty Partners.
“Reaching $200 million sold at Waldorf Astoria Residences St. Petersburg is a landmark achievement and a powerful signal that demand for highly amenitized, hospitality-driven luxury residences in the Greater Tampa Bay Area is real and growing,” PMG Managing Partner Ryan Shear said in an announcement.
The $500 million tower will feature two- and three-bedroom residences, with prices currently starting at $2.9 million.
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Madeira Beach’s longtime grocery store is reopening this week in a new format.
Aldi will debut this Thursday, September 24th, at 15200 Municipal Drive in Carter Plaza, across from Archibald Beach Park and R.O.C. Park.
The store replaces the former Winn-Dixie, which closed last year after more than 50 years in business. The Municipal Drive store was built in 1975 and had operated as a Winn-Dixie ever since.
Winn-Dixie Liquors will remain open.
To mark the grand opening, the first 200 customers in line Thursday will receive a bag of branded items and a “golden ticket,” an Aldi gift card worth up to $100. Employees will also distribute free Aldi shopping totes throughout the day.
The store will be open daily from 9 a.m. to 8 p.m.