46-Story 400 Central Condo Tower Rises as Tallest

46-Story 400 Central Condo Tower Rises as Tallest on Florida’s West Coast The Residences picture shows the south west side of the building's middle section.

46-Story 400 Central Condo Tower Rises as Tallest on Florida’s West Coast

The skyline of downtown St. Petersburg, Florida, has been forever transformed with the rise of the magnificent 46-story 400 Central Condo Tower. Standing at a staggering 515 feet, this architectural marvel is not only the tallest residential building in the city but also on Florida’s entire West Coast. The project, developed by the New York-based Red Apple Group and helmed by visionary John Catsimatidis Sr., has captured the attention of residents, prospective buyers, and architectural enthusiasts alike.

A New Era for Downtown St. Pete

“This tower is not just a building; it’s a statement of St. Petersburg’s growth and evolution,” says Rob Johnson, Realtor with Avalon Group Realty in St. Petersburg. As the city’s tallest structure, the 400 Central Condo Tower symbolizes the area’s ascent as a hub for luxury living, vibrant culture, and economic opportunity.

Aaron Hunt, Broker of Avalon Group Realty, adds, “St. Pete has always been a jewel of the Gulf Coast, but the addition of this iconic structure elevates it to new heights — quite literally.”

World-Class Design and Amenities

Designed by the renowned architectural firm Arquitectonica, the tower’s sleek and modern design is complemented by high-end interior details curated by Celano Design Studio. Residents will enjoy an array of luxury amenities:

  • Expansive 7th-Floor Amenity Deck: Featuring a tropical resort-style pool, outdoor kitchens, dining areas, and a professional-grade fitness and wellness center.
  • Sky Lounge Observatory: Situated on the 46th floor, this glass-enclosed jewel box offers panoramic views of Tampa Bay and the Gulf of Mexico.
  • Private Residential Features: Spacious units with floor-to-ceiling windows, gourmet kitchens, spa-style bathrooms, and European-style cabinetry.

“The amenities here are designed to cater to every aspect of modern luxury living,” explains Yvette Kim, Realtor with Avalon Group Realty. “It’s truly a lifestyle experience, not just a place to live.”

46-Story 400 Central Condo Tower Rises as Tallest on Florida’s West Coast. Picture shows Clockwise from Top: The 7th floor amenity rooftop pool area takes shape, View from the Sky Lounge deck, Celebrating the last steel beam to rise with a United States flag hanging from it, background picture is a view of the high rise.

Clockwise from Top: The 7th floor amenity rooftop pool area takes shape, View from the Sky Lounge deck, Celebrating the last steel beam to rise with a United States flag hanging from it, background picture is a view of the high rise.

Strategic Location in the Heart of St. Petersburg

The Residences at 400 Central are situated at 400 Central Avenue, placing residents in the heart of downtown St. Pete. With immediate access to cultural landmarks, fine dining, and recreational activities, the location is as strategic as it is vibrant.

“Living here means you’re steps away from the best of St. Pete,” notes Pam Amante, another Realtor with Avalon Group Realty. “From the Salvador Dalí Museum to the bustling waterfront parks, there’s something for everyone.”

A Visionary Developer’s Dream

John Catsimatidis Sr., the developer behind the project, has deep ties to the Tampa Bay area. His vision for the tower is to create a landmark that will stand the test of time. “We’ve poured our hearts into every detail, from the grand design to the curated retail spaces on the ground floor,” he shares.

The tower includes 301 luxury condo units, with prices starting at $1 million. Over two-thirds of the residences are already under contract, showcasing the immense demand for this premier address.

Developer Acquires Nearby Property

In December 2024, John Catsimatidis, founder of the Red Apple Group, finalized the purchase of a .94-acre parcel at 533 5th Street North for $13 million. This acquisition, situated less than a quarter mile north of 400 Central, marks the beginning of another ambitious development in downtown St. Petersburg.

The property was previously entitled for a 23-story mixed-use tower with 285 residential units, 10,006 square feet of commercial space, and a 282-space parking garage. However, Catsimatidis plans to maximize the project’s potential, exploring the possibility of utilizing the full 39,186 square feet of allowable space under city zoning laws.

“If I have it my way, construction starts next week,” Catsimatidis remarked. “This site is perfectly located and will enhance connectivity between neighborhoods.”

Historic Context and Future Vision

The property, once home to seven apartment buildings constructed between 1916 and 1921, sits across from the historic Mirror Lake Community Library. While a new historic district designation will protect many surrounding structures, the approved construction entitlements ensure the new development can proceed unhindered. Catsimatidis expressed a deep appreciation for the area’s historical significance, noting his commitment to creating a building that complements the neighborhood’s charm.

“We love historic stuff,” he said. “Don’t forget, I’m the guy that wants to put back the plot that was there 100 years ago.”

Economic and Community Impact

The new development will feature a mix of residential and commercial spaces, potentially including restaurants that enhance St. Pete’s vibrant culinary scene. The addition of more retail and dining options further cements downtown St. Petersburg’s reputation as a thriving urban hub.

Ralph Zirinsky, Senior Vice President of Development at Red Apple, shared that the firm is actively seeking tenants for the 60,000 square feet of retail space at 400 Central. Announcements regarding new businesses are expected in early 2025. Meanwhile, the newly acquired Mirror Lake property could accelerate Red Apple’s local presence, with plans to open a dedicated office in St. Petersburg.

Investing in Growth

“This does not stop us,” Catsimatidis said of the second project. “We look forward to signing another one in the near future.” His team envisions the Mirror Lake development as a vital connection between the waterfront and downtown’s vibrant core.

The Tallest Building on Florida’s West Coast

The 46-story 400 Central Condo Tower rises as the tallest building on Florida’s West Coast, cementing its status as a beacon of modern luxury and architectural excellence. This milestone is not only a point of pride for the development team but also for the entire community.

“Having a structure of this caliber in St. Pete signifies how far our city has come,” says Nora Sturgill, Realtor with Avalon Group Realty. “It’s an exciting time to be part of this growing community.”

46-Story 400 Central Condo Tower Rises as Tallest on Florida’s West Coast picture shows Clockwise from the top: The Sky Lounge area under construction, A picture of all completed 46 floors of the building, The owner of Apple Group looks from the top floor with the project manager.

Clockwise from the top: The Sky Lounge area under construction, A picture of all completed 46 floors of the building, The owner of Apple Group looks from the top floor with the project manager.

Sustainability and Innovation

The development’s commitment to sustainability is evident in its design. From energy-efficient systems to the use of sustainable materials, the tower aligns with modern environmental standards. The inclusion of an expansive 900-space parking garage with valet service also underscores the project’s focus on convenience and innovation.

FAQs

What makes the 46-story 400 Central Condo Tower unique?

The tower is the tallest residential building on Florida’s West Coast, offering unmatched luxury, panoramic views, and world-class amenities.

What are the price ranges for the condos?

Prices start at $1 million, with a variety of unit sizes and layouts available.

When will the project be completed?

The Residences at 400 Central are expected to be completed by Summer 2025.

How can I schedule a tour?

Contact Avalon Group Realty to arrange a private tour of available units.

Are there any units still available?

Yes, approximately one-third of the residences are still on the market, including seven penthouses.

Conclusion

The 46-story 400 Central Condo Tower rises as the tallest on Florida’s West Coast, setting a new standard for luxury living in downtown St. Petersburg. With its striking design, unparalleled amenities, and prime location, it’s no wonder this development is the talk of the town.

For more information, visit:

Avalon Group Realty www.AvalonGroupTampaBay.com

Contact Aaron Hunt directly to start your real estate success story: Phone: 727-262-7920

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About the Author
Rob Johnson
Realtor, St. Petersburg FL