After more than four years of construction, St. Petersburg’s tallest tower will soon welcome its first tenants.
Developer Red Apple Group secured the certificate of occupancy for the first 25 floors of the Residences at 400 Central this week. Buyers will start moving in by the end of the year.
The 46-story tower rises 515 feet, making it the tallest on Florida’s Gulf Coast. Condos range from around $1 million to almost $7 million for a penthouse. There are 301 units in total and only about 50 are still available.


At a tour of the property on Wednesday, St. Petersburg Mayor Ken Welch called the building “iconic.”
“It symbolizes the evolution of St. Petersburg,” he said. “This is not my grandfathers St. Petersburg.”
The building will have 24/7 security in the lobby. Owners will also have access to a “lifestyle coordinator” to help make reservations, give recommendations and more.


The seventh floor is a dedicated amenity deck. Inside, there’s a fitness center, a theater room and meeting space.
Outdoors, there’s a pool deck with a jacuzzi and cabanas for lounging, a fire pit area, grilling stations, a bar, a dog park and a putting green.


The centerpiece of the building is the 46th floor observation lounge, which owners can access through a glass elevator.
“My own people yelled at me – why are you spending another $5 million on the upper floor?” said Red Apple CEO, John Catsimatidis. “Because I want to go and look at the stars at three in the morning.”
He and his wife have purchased one of the penthouse units and plan to split their time between New York and St. Petersburg starting next year.


The building will also be home to the new headquarters for Dynasty Financial Partners. The company signed a 15-year lease for more than 44,000 square feet of office space in June and is expected to move in by November 2026.
On the ground floor, there’s 60,000 square feet of retail space including room for two restaurants on either side of the building.

So far, a new wine bar called Volta and a PNC Bank are set to move in. More retailers will be announced in the coming months.
Catsimatidis said he wants to build on the success of 400 Central with even more developments in St. Petersburg.

Red Apple has already secured a site near Mirror Lake. No plans have been announced yet, but a previous site plan approved for the site would allow for a building as high as 23 stories.
Castamatidis also expressed interest in redeveloping the 86-acre Gas Plant district, where Tropicana Field currently stands.
“I think we’re gonna have more people coming down to Florida than ever before and it comes down to quality of life,” he said. “I’m glad I finally made an investment here.”