50-story Waldorf Astoria Residences sales gallery opens in downtown St. Pete

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50-story Waldorf Astoria Residences sales gallery opens in downtown St. Pete

The team behind what is expected to become St. Pete’s tallest tower marked a major milestone Wednesday evening with the grand opening of the Waldorf Astoria Residences sales gallery.

Located at 100 2nd Avenue South in the City Center office tower, the gallery features a full model unit that cost more than $1 million to build, giving prospective buyers and the public an early look at what the 50-story project will offer.

Rising 539 feet at 150 2nd Avenue South, the 163-unit Waldorf Astoria Residences will be St. Pete’s first hotel-branded luxury condominium tower.

The $500 million project is being co-developed by Miami-based Property Markets Group and St. Petersburg-based Feldman Equities, in partnership with Vancouver-based City Office REIT and Orlando-based Tower Realty Partners. Hilton will manage the residences, while Smith & Associates Real Estate is leading sales.

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2,084-unit Sky Town begins vertical construction on first apartments in St. Pete

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2,084-unit Sky Town begins vertical construction on first apartments in St. Pete

Vertical construction has commenced on the first phase of apartments at Sky Town, a planned $800 million mixed-use development at 3201 34th Street South in the Skyway Marina District.

The 34.3-acre site, once home to the Ceridian office campus, is being redeveloped in six phases to include 2,084 apartments, 69,000 square feet of retail anchored by a 23,000-square-foot Sprouts Farmers Market, and 120,000 square feet of self-storage.

It is the largest project currently in development in St. Pete, based on acreage and number of units.

The Sprouts Farmers Market, now nearing completion, sits along the east side of the property and will serve as the gateway to the future redevelopment. A 4,500-square-foot retail outparcel fronting 34th Street South is also under construction.

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A 76 million year old dinosaur will sit atop a parking garage in downtown St. Pete's EDGE District

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A 76 million year old dinosaur will sit atop a parking garage in downtown St. Pete's EDGE District

Imagine stepping out of your car and finding yourself face-to-face with a creature that roamed the planet 76 million years ago.

Tampa-based developer Ellison Development has unveiled plans for a high-rise rooftop garden atop a newly opened 540-space parking garage in the EDGE District, where the glass-encased skeleton of a Gorgosaurus will be the centerpiece.

By our account, it will be the first dinosaur ever displayed on top of a parking garage anywhere in the world.

The one-acre rooftop attraction is part of The Central, a $200 million mixed-use project currently in development at 1301 Central Avenue.

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Cathie Wood's ARK Invest to move headquarters to EDGE District in downtown St. Pete

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Cathie Wood's ARK Invest to move headquarters to EDGE District in downtown St. Pete

ARK Invest, a leading global investment firm known for its focus on disruptive innovation, will relocate its downtown St. Pete headquarters to the EDGE District.

Tampa-based Ellison Development announced Wednesday that ARK Invest, which is currently headquartered at 200 Central Avenue, will occupy 13,000 square feet on the 11th floor of Halcyon, a new office building expected to break ground later this year at 1301 Central Avenue.

Halcyon represents the first Class A office building constructed in downtown St. Pete since the 1980s.

The 11-story, 130,000-square-foot office building is one of the main components of The Central, a 2.1-acre mixed-use development that will also contain a 168-room Marriott Autograph Collection hotel, 14,000 square feet of retail space, a 42-unit affordable housing community, and a newly opened 540-space parking garage.

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$27 million penthouse sale at Waldorf Astoria Residences in downtown St. Pete shatters Tampa Bay condo record

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$27 million penthouse sale at Waldorf Astoria Residences in downtown St. Pete shatters Tampa Bay condo record

A local business leader has purchased a two-story penthouse atop the planned 50-story Waldorf Astoria Residences tower in downtown St. Petersburg for $27 million.

Planned for 150 2nd Avenue South, the Waldorf Astoria Residences will be the city’s tallest building and the first five-star branded condo tower in St. Petersburg. The project will include 163 condominiums, 73,000 square feet of Class A office space, 10,000 square feet of ground-floor retail, and a wide range of luxury amenities.

The sale of the 11,000-square-foot rooftop unit has shattered the record for the most expensive condominium ever sold in the Tampa Bay area.

The previous high in St. Pete was an $8.25 million penthouse at Saltaire, located next to the proposed Waldorf Astoria tower in downtown St. Pete, which sold in 2024. In Tampa, the record is an $11.6 million penthouse at the Ritz-Carlton Residences, sold in 2021.

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New townhomes and office HQ proposed alongside expanded preservation in north St. Pete

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New townhomes and office HQ proposed alongside expanded preservation in north St. Pete

Three wooded lots in north St. Pete's Gateway area, currently vacant and littered with debris, may soon become expanded and maintained preservation grounds alongside a local office building and a new residential development.

The noncontiguous sites, purchased by St. Pete-based general contracting firm Lema Construction in February for $400,000, are located on the northeast side of 4th Street North and Gandy Boulevard.

The properties are surrounded by commercial and multifamily developments, including the assisted living facility Aventura Bay Place, the Winn-Dixie-anchored Bayview Shopping Plaza, and a site slated for future townhomes.

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Seven-story Frontier building set for major transformation in downtown St. Pete

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Seven-story Frontier building set for major transformation in downtown St. Pete

After sitting underutilized for years, the windowless Frontier building at 821 1st Avenue North is finally set to see new life.

Plans have been filed with the City of St. Petersburg to redevelop the seven-story, 233,590-square-foot office and data center, which is partially leased by Frontier Communications. The proposed redevelopment includes 41,333 square feet of ground-floor retail space, 137,663 square feet of self-storage, and 54,594 square feet of office space.

Originally constructed in 1928 by the General Telephone Company of Florida, the building was expanded in 1967 and 1970. It remains a key part of St. Petersburg's internet infrastructure, housing extensive fiber optic cable, switch rooms, frame rooms, and generators as large as jet engines.

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HSN has listed its 65-acre property in north St. Pete

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HSN has listed its 65-acre property in north St. Pete

Spanning nearly 65 acres in Pinellas County and surrounded by some of the region’s largest employers, the long-time campus of the Home Shopping Network (HSN) is now officially on the market.

Commercial real estate firm CBRE is marketing the property at 2501 118th Avenue North for an undisclosed price. Zoned for commercial use, the site includes over 487,000 square feet of office and industrial space across nine buildings, developed between 1984 and 1994.

The listing follows a major announcement from HSN’s parent company, Qurate Retail Group, which is consolidating HSN and QVC operations into its Studio Park headquarters in West Chester, Pennsylvania.

As part of the move, Qurate will shutter the 369,000-square-foot St. Pete campus—its home for the past 47 years—and eliminate 730 local jobs beginning in late May.

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Exclusive: Foot Locker signs 110,000-square-foot lease for global headquarters in north St. Pete

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Exclusive: Foot Locker signs 110,000-square-foot lease for global headquarters in north St. Pete

Global athletic retailer Foot Locker has secured space for its new worldwide headquarters in St. Petersburg, a move that is expected to create 150 high-paying jobs.

The New York-based company has signed a lease for 110,000 square feet at 570 Carillon Parkway in the Carillon Business Park, multiple sources confirmed to St. Pete Rising.

The company will be located on the 1st, 3rd, and 4th floor, occupying space previously leased to Protect My Car and Tata Consulting Services.

According to previous documents, the company plans to lease the office space for 11 to 13 years.

Other tenants in the 250,000-square-foot building include Zelis Payments, Condominium Associates, D&A Services, LLC, American Coastal Insurance, and Monopoly Group Real Estate.

Built in 1998, the Class A office building at 570 Carillon was acquired by The Feil Organization in 2019 for $36.8 million. The building features an on-site café, fitness center, and FedEx drop box, and has recently undergone extensive renovations to its lobby and common areas.

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Multi-million-dollar renovation completed for 12-story City Center office tower in downtown St. Pete

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Multi-million-dollar renovation completed for 12-story City Center office tower in downtown St. Pete

The 12-story City Center office tower in downtown St. Petersburg has a fresh, modern look following a multi-million-dollar renovation.

The 242,115-square-foot Class A office building at 100 2nd Avenue South now features a contemporary atrium lobby, upgraded amenities, and state-of-the-art facilities.

The building, owned by Feldman Equities and its joint venture partners City Office REIT Inc. and Tower Realty Partners, has officially completed its renovation. This week, the owners unveiled a first look at the upgraded amenities and modernized features.

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