A 45-story condo tower and a 225-room hotel is planned St. Petersburg Florida. Red Apple Group submitted a site plan application to the city for the $300 million project, which also would include more than 800 parking spaces and a total of 45,000 square feet of office and retail space. John Catsimatidis is the CEO of Red Apple
Two years ago, Red Apple paid $16.5 million for the entire 400 block of Central Avenue after the previous owners demolished a decrepit garage and two long-vacant buildings. The new project will have a 45-story tower with approximately 300 one- to -four bedroom residences with designed interior finishes, wrap-around balconies and water views.
Amenities would include a landscaped sundeck with pool, an outdoor kitchen, dining space and a dog park; and a fitness center, a spa and a lounge. The tower, oriented to allow for views of Tampa Bay and the Gulf of Mexico, would be the tallest residential building on Florida’s West Coast. A 225-room full-service hotel with more than 15,000 square feet of banquet and meeting space, and a rooftop pool with a casual dining area. The hotel would be part of Marriott’s Autograph Collection. The condo tower and hotel would be connected by a podium’ with parking for more than 800 vehicles. 20,000 square feet of Class A office space with an entrance off Central Avenue. More than 25,000 square feet of stores and restaurants along Central Avenue and Fourth Street N. The buildings were designed by Arquitectonica of Miami. Smith & Associates Real Estate will be the exclusive listing agent for the condos.
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