Michael Saunders & Company

Red Apple Real Estate Secures $252 Million In Financing, Vertical Construction For St. Petersburg’s Tallest Building To Commence In March 2023

Red Apple Real Estate has secured $252 million in financing for The Residences at 400 Central, a 46-story mixed-use building under construction at 400 Central Avenue in downtown St. Petersburg. Designed by Arquitectonica with WSP as the structural engineer and featuring interiors by Celano Design Studio, The Residences at 400 Central will become the tallest building in the city and on the gulf coast at approximately 515 feet, yielding 1.3 million square feet of space including 301 luxury condominiums with views of Tampa Bay and the Gulf of Mexico, retail and restaurant space, and upwards of 40,000 square feet of Class A office space. Suffolk Construction is the general contractor for the project, which is scheduled to go vertical in March 2023. 

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Suffolk Construction Selected As General Contractor For St. Petersburg’s Tallest Building

Suffolk Construction has been selected as the general contractor for The Residences at 400 Central, a world-class 46-story mixed-use tower slated to ascend over the heart of Downtown St. Petersburg at 400 Central Avenue. The 515-foot-tall structure will become the new tallest building in St. Petersburg and on Florida’s west coast, designed by Miami-based Arquitectonica and developed by New York City-based Red Apple Real Estate. The project will yield 1.3 million square feet of space including 301 condominium homes with 35,000 square feet of indoor and outdoor amenities, retail and restaurant space, Class A office space and a rooftop observatory with view from Tampa Bay to the Gulf of Mexico.

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