Since its debut in 1990, the tower has served as one of downtown St. Pete’s primary office hubs, housing a mix of financial firms, law offices, and professional service companies.
“200 Central is the signature office address in downtown St. Pete, but what makes it especially exciting is the energy around it,” Brooke Tulley, Feldman Equities’ director of acquisitions, said in a press release.
According to the announcement, planned improvements include upgrades to the building’s HVAC, mechanical, electrical, and life-safety systems, along with elevator modernization and refreshed common areas.
The firm also plans to continue improvements to the tower’s building envelope.
The planned renovations follow prior upgrades to portions of the property, including the lobby, mezzanine, and skybridge.
Feldman Equities said the tower will also receive more hands-on property management through the firm’s in-house operations team.