400 Central Preliminary Plans Released
St. Petersburg, FL is abuzz with the exciting news of plans for a new tower at 400 Central Ave.! The preliminary plans are showing a 52 story building that is 610 feet tall. This design is 150 feet taller than the current tallest building in St. Petersburg, “ONE”.
Reviewing several architect’s proposals, the owner of the 400 Central Ave. property, John Catsimatidis, is choosing to go with the internationally acclaimed Arquitectonica of Miami to design the project.
What The Preliminary Plans Reveal
The preliminary plans for the new tower at 400 Central Ave include 23,000 square feet of retail space on street level. This retail space facing Central Ave. will add to the amazing energy happening on Central Ave. Plans for the New
Tower at 400 Central Ave also call for a 3600 square foot hotel restaurant that flanks the west side of the property on 5th Street. Another 13,000 square feet on the 2nd floor will house office and/or retail space. Current plans also show low-rise condos in the mix. The adjoining hotel tower occupies floors 8 through 13 and condos reaching to the sky 37 floors. This
being the 15 through 52nd floors.
In conclusion, John Catsimatidis, the CEO of Red Apple Group Real Estate Firm in New York City, encourages people to realize that the plans for a new tower at 400 Central Ave. are preliminary and nothing is set in stone. Furthermore, just the fact that such a high-end architectural firm
is on board, shows a commitment
by Catsimatidis to make 400 Central block the envy of the world. Moreover, John Catsimatidis, who has family ties to St. Petersburg, FL is putting St. Pete on the map with the world class architectural design. With ever-exceeding excitement, we are waiting to see the process morph before our eyes. Ground-breaking is planned for early 2019. We will keep you posted!