Downtown St. Pete’s tallest tower has landed another major retail tenant.

PNC Bank has signed a lease for a roughly 3,000-square-foot branch at the 46-story Residences at 400 Central, which is slated to open later this year.

The branch be located along Central Avenue in the 301-unit condo tower being developed by New York–based Red Apple Group, which will include 60,000 square feet of high-end ground-floor retail and restaurant space.

Founder John Catsimatidis Sr. said PNC’s arrival underscores both the project’s momentum and its ties to the site’s past.

“Red Apple has a longstanding relationship with PNC across multiple business lines and we are thrilled to welcome them as a tenant at our iconic 400 Central project,” Catsimatidis said.

One of St. Petersburg’s largest shopping centers is preparing for a major upgrade.

Gateway Market Center, located six miles north of downtown at 7751-8229 9th Street North, will soon break ground on a new Publix supermarket as part of a broader redevelopment effort led by InvenTrust Properties Inc.

The Illinois-based real estate investment trust, which owns and manages open-air shopping centers nationwide, plans to demolish the 60,450-square-foot Bealls, which recently closed, and replace it with a new 54,964-square-foot Publix, according to plans obtained by St. Pete Rising.

The store will be built adjacent to the existing 37,888-square-foot Publix, which has anchored the site for more than two decades.

The current Publix is expected to stay open during construction to avoid disrupting service, with operations likely shifting to the larger store once it is complete.