Kolter St. Petersburg

333 1st Street South, St. Petersburg, FL 33701

The project currently listed as Kolter St. Petersburg is a proposal rather than a standing building, and it is best understood that way. Kolter Urban has filed a site plan application with the City of St. Petersburg for a condominium development at 333 1st Street South, the site presently occupied by the Hilton St. Petersburg Bayfront. The filing calls for two 44-story towers rising up to 509 feet, containing 325 condominiums, 17,988 square feet of commercial space and roughly 1.32 million square feet of total building area on a site of about three acres. That is an enormous amount of building on a three-acre parcel, achieved through two towers at 509 feet and a commercial component small enough to read as a ground-floor convenience. Parking would total 726 spaces, split between a 519-space garage and 207 spaces made available in the adjacent Saltaire garage, a detail that speaks to how tightly the site is woven into its surroundings. 10 Design is the designer of record in the application. Kolter has described the project as an ultra-luxury branded residence, though the hospitality brand has not been announced, and the development does not yet have an official name; the listing name is a working title. The plan remains under city review, and pricing, sales launch, construction timeline and delivery date have all not been announced. In the meantime, Kolter will continue to operate the hotel until construction begins, which means the site stays active and the block keeps its current character. For buyers and observers tracking downtown St. Petersburg, the significance is scale rather than detail: two towers at 509 feet and 325 residences on a bayfront parcel at the center of the city's downtown grid. Everything beyond that remains, for the moment, subject to approval.