Exciting Milestone: The Residences at 400 Central Welcomes First Residents to Florida’s Tallest Residential Tower
St. Petersburg Welcomes New Heights: The Residences at 400 Central Set to Open
ST. PETERSBURG, FL — The skyline of Florida’s Gulf Coast is about to change dramatically as The Residences at 400 Central, soon to be the tallest residential tower in the region, has successfully passed its major construction inspections and received a Temporary Certificate of Occupancy (TCO) for its first 25 floors. This milestone paves the way for residents to begin moving in this month.
City officials granted the TCO after a thorough review of the mixed-use tower’s initial residential levels, lobby, and amenity areas. With this approval, developers are gearing up for the first round of condominium closings and coordinating move-ins with eager buyers.
“This is the moment we’ve all been waiting for,” said John Catsimatidis Sr., founder of the New York-based Red Apple Group, which is spearheading the project. “We wanted to create a ‘wow building’ that enhances the neighborhood life of St. Petersburg, and now we are welcoming our first wave of buyers.”
Catsimatidis, alongside St. Petersburg Mayor Ken Welch, hosted media tours showcasing the completed portions of the impressive 46-story tower, including the lobby, amenity deck, and model residences. The tour also provided a sneak peek of a breathtaking penthouse situated over 500 feet above Tampa Bay.
A Major Milestone for Downtown
Located along the bustling Central Avenue corridor, the 1.3 million-square-foot project spans an entire city block. Once completed, 400 Central will feature:
- 301 condominium residences
- Ground-floor retail and restaurants
- Class A office space
- A 46th-floor sky observatory, the highest publicly accessible point in St. Petersburg
According to the developer, most of the condos have already been sold, with remaining inventory continuing to attract interest as construction progresses.
FirstService Residential has been contracted to manage the property, overseeing key distribution and move-in scheduling as closings commence.
Momentum for Office and Retail Tenants
The ground-floor commercial spaces are also rapidly filling up. In June, Dynasty Financial Partners signed a lease for 45,000 square feet of office space for its global headquarters, marking one of the largest office leases in St. Petersburg in recent years.
Additionally, local retailer Volta Wine + Market announced plans for a 2,000-square-foot wine shop and specialty market, complete with an intimate bar along Central Avenue. More retail and office tenants are finalizing agreements as construction continues.
Community Support and Local Ties
In a show of community spirit, Catsimatidis celebrated the construction milestone by presenting a $15,000 charitable donation to the St. Petersburg Police Athletic League. This contribution, his largest yet to the organization, will help provide holiday gifts for local children.
Looking Ahead
As construction on the upper floors continues, full project completion is expected in the coming months. The developer aims to welcome additional residents throughout the winter as remaining floors are cleared for occupancy.
The Residences at 400 Central is being developed by Red Apple Real Estate and designed by the internationally recognized architecture firm Arquitectonica.
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