New Construction Projects in St. Petersburg, Florida

Project 1: Residences at 400 Central

• Developer: Red Apple Real Estate (John Catsimatidis)
• Location: 400 Central Ave, downtown St. Petersburg, FL
• Type: Mixed-use (luxury condominiums, Class A office, retail)
• Units/Size: 301 luxury condominiums; ~45,000 sq ft office; ~60,000 sq ft retail; 1.3 million sq ft total
• Status: Recently completed / phased occupancy (TCO issued for lower floors)
• Expected Completion: 2025–2026
• Description: Tallest residential tower on Florida’s Gulf Coast (46 stories, 515 ft). Features presold condos with Gulf and downtown views, retail, and office space. One-third of units reportedly presold.[1][2]

Project 2: Art House St. Petersburg

• Developer: Kolter Urban
• Location: 275 1st Avenue South (or 235 1st Ave S area), downtown St. Petersburg, FL
• Type: Luxury condominiums
• Units/Size: 244 luxury condo units
• Status: Recently completed
• Expected Completion: 2025
• Description: 42-story tower that topped out in late 2024. Includes two- and three-bedroom units plus penthouses; strong pre-sales reported.[3][4]

Project 3: 3rd & 3rd

• Developer: Echelon (St. Pete-based) in partnership with Third Lake Capital
• Location: 235 3rd Street South, downtown St. Petersburg, FL
• Type: Luxury apartments / mixed-use
• Units/Size: 262 apartment units (studios to penthouses); ~15,000 sq ft ground-floor retail; 330-space garage
• Status: Under construction (topped out April 2026)
• Expected Completion: Late 2026
• Description: 33-story (375 ft) tower with extensive amenities including an 8th-floor pool deck, fitness center, coworking spaces, and large private terraces. Adjacent to University Village.[5][6]

Project 4: Sky Town

• Developer: Altis Cardinal
• Location: 3201 34th Street South, Skyway Marina District, St. Petersburg, FL
• Type: Mixed-use apartments / residential
• Units/Size: 2,084 apartments across six phases; 69,000 sq ft retail (anchored by Sprouts); self-storage
• Status: Under construction (vertical construction on first phase underway)
• Expected Completion: Phased (ongoing through multiple years)
• Description: Large-scale $800 million redevelopment of former Ceridian campus on 34+ acres. Includes significant mixed-income housing and neighborhood retail.[7][8]

Project 5: Halcyon at The Central (The Central project)

• Developer: Ellison Development
• Location: 1301 Central Avenue, EDGE District, St. Petersburg, FL
• Type: Mixed-use (Class A office, hotel, retail, affordable housing)
• Units/Size: 11-story office tower (~130-140k sq ft); 168-key Marriott Autograph Collection hotel; 42-unit affordable/workforce housing component; retail and parking
• Status: Under construction
• Expected Completion: Halcyon/office early 2027; other elements 2026–2027
• Description: Major redevelopment including the first trophy-class office tower in downtown in decades, plus hotel, retail, and workforce housing. Part of broader Central Avenue District revitalization.[9]

Project 6: Fairfield Avenue Apartments

• Developer: HP Capital
• Location: 3300 Fairfield Avenue South, near Warehouse Arts District, St. Petersburg, FL
• Type: Affordable / workforce apartments
• Units/Size: 264 units (mix of 1-, 2-, and 3-bedroom)
• Status: Under construction (groundbreaking early 2026)
• Expected Completion: 2028
• Description: $94 million project with income-restricted units (various AMI levels). Includes multiple buildings and community amenities; one of the larger recent affordable developments.[10]

Project 7: Amara Bay Residences & Marina

• Developer: Key International (with townhome sites sold to Mattamy Homes)
• Location: 12000 Gandy Boulevard, north St. Petersburg, FL
• Type: Mixed-use waterfront (luxury apartments, townhomes, marina, restaurant)
• Units/Size: 415 luxury apartments + townhomes; 150-slip marina; 8,000 sq ft restaurant
• Status: Under construction (vertical underway; some buildings topped out)
• Expected Completion: Initial buildings Q4 2026; phased thereafter
• Description: 39-acre waterfront redevelopment on Tampa Bay with resort-style amenities, boardwalk, and public marina access.[11]

Additional notable upcoming/planned projects (limited public details or earlier stages) include Roche Bobois Residences (29-story, 165 condos, start 2026, completion ~2028), Deuces Rising townhomes (24 affordable/workforce units, announced), Pelican Place (40 affordable townhomes, sitework 2026), and SeaWinds (Mattamy Homes multi-phase single-family/townhomes, groundbreaking spring 2026). The large Historic Gas Plant District redevelopment remains in planning/proposal stages.[4]

Limited public information is available for some smaller or very early-stage projects. All listed projects are based on verifiable announcements and reports from 2024–2026.