PNC Bank to open branch at 400 Central as tower nears completion in downtown St. Pete

Downtown St. Pete’s tallest tower has landed another major retail tenant.

PNC Bank has signed a lease for a roughly 3,000-square-foot branch at the 46-story Residences at 400 Central, which is slated to open later this year.

The branch be located along Central Avenue in the 301-unit condo tower being developed by New York–based Red Apple Group, which will include 60,000 square feet of high-end ground-floor retail and restaurant space.

Founder John Catsimatidis Sr. said PNC’s arrival underscores both the project’s momentum and its ties to the site’s past.

“Red Apple has a longstanding relationship with PNC across multiple business lines and we are thrilled to welcome them as a tenant at our iconic 400 Central project,” Catsimatidis said.

“One hundred years ago, one of the first banks in St. Pete’s history made their home on our site. PNC will carry on that tradition and serve our residents and the community well for years to come.”