National real estate developer PMG and St. Petersburg-based co-developer Feldman Equities, LLC, in partnership with City Office REIT, Inc. and global hospitality leader Hilton, have formally announced the launch of Waldorf Astoria Residences St. Petersburg. The 50-story luxury tower will rise along the downtown waterfront, delivering 163 branded residences and establishing itself as the tallest building in St. Petersburg.
Designed by CUBE 3, with interiors curated by award-winning design studio BAMO, the tower will blend contemporary elegance with coastal sensibility. The residential program will consist of fully finished two- and three-bedroom homes ranging from 2,031 to 3,408 square feet. Each unit will offer expansive terraces oriented toward panoramic bay and city views, along with private entry foyers and smart-home integration.
Credit: ArX Creative.
“Our goal with the project was to strike a seamless blend between the pinnacle of modern luxury and the effortless, coastal sophistication Florida is known for,” said Anne Wilkinson, Principal at BAMO. “Each texture and material was specifically chosen to pull the best of the property’s locale indoors, creating a sense of place and familiarity and relaxation while also delivering the elevated design synonymous with the Waldorf Astoria brand.”
“St. Petersburg has become one of Florida’s premier residential destinations, with an influx of new residents driving the demand for high caliber of exceptional properties,” said Kevin Maloney, Founder and CEO at PMG. “After the success we have witnessed across both Waldorf Astoria Residences in Miami and Denver Cherry Creek, we are proud to once again join Hilton in bringing the Waldorf Astoria brand and its renowned world-class service to a new market, forever elevating the standards of luxury in the area. We look forward to advancing on this joint venture alongside our incredibly skilled team of partners and making a lasting impact on St. Petersburg’s skyline.”
Credit: ArX Creative.
Credit: ArX Creative.
A 10,000-square-foot two-story penthouse atop the tower will feature a private rooftop pool with bay-facing views. Additional features across all units include Sub-Zero and Wolf appliances, custom cabinetry, Italian vanities, Waterworks fixtures, and contemporary lighting.
The amenity program encompasses more than 43,000 square feet, anchored by a 20,000-square-foot resort-style pool deck featuring a 160-foot east-facing pool, sunset pool with dual spas, lounge areas, and a bar. At level 18, the wellness center will offer massage rooms, sauna and steam facilities, and a fitness studio. A rooftop Sky Lounge on level 46, inspired by Waldorf Astoria’s signature Peacock Alley, will include a sunset bar, elevated pool deck, and lounge spaces.
Credit: ArX Creative.
Credit: ArX Creative.
Credit: ArX Creative.
“We are delighted to further expand the iconic Waldorf Astoria brand with our newest branded residential development in Florida, marking our second standalone branded residences in Florida and our third partnership overall after Miami and Denver Cherry Creek with PMG,” said Jonathan Wingo, Global Head of Residential Projects, Hilton. “Waldorf Astoria Residences St. Petersburg underscores our commitment to bringing unparalleled hospitality and true luxury to the world’s most sought-after destinations. We could not be more thrilled to witness its caliber of unforgettable experiences and knowledgeable, diligent service complement the vibrancy and elegance of St. Petersburg for years to come.”
Credit: ArX Creative.
“The introduction of the Waldorf Astoria brand into St. Petersburg is a testament to the natural progression and extensive growth the city has undergone over the past few years,” said Larry Feldman, CEO of Feldman Equities. “Along with our partners, we have witnessed St. Pete’s incredible rise and are eager to deliver a product to this thriving area that meets the new elevated caliber of living desired by its residents. I cannot wait to see all of the opportunities and incredible experiences the new development will contribute to this downtown.”
Credit: ArX Creative.
Credit: ArX Creative.
The tower will also include over 73,000 square feet of Class-A office space and approximately 10,000 square feet of ground-floor retail, integrating the development into the surrounding urban fabric. The site will be activated with a signature restaurant, curated lobby, pet spa, children and teen entertainment lounges, and EV charging.
High-touch hospitality will be provided by Hilton, including personal concierge service, valet, doorman and bellman support, as well as optional a la carte services. Sales will soon commence, represented exclusively by Smith & Associates Real Estate.
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A 50-story all-glass building in a hurricane evacuation zone seems like a great idea!