“Our expansion into St. Petersburg reflects our confidence in this dynamic market and deepens our roots here,” said Michael Saunders, Founder and CEO of Michael Saunders & Company. “We are especially proud to continue our collaboration with Red Apple Group and be a part of their iconic building that will soon house our permanent office”.
The Residences at 400 Central reaches a height of 515 feet and is the tallest residential building on Florida’s Gulf Coast and the tallest building in St. Petersburg.
At full completion, the project will include 60,000 square feet of ground floor retail and restaurant space, a full suite of resident amenities, 45,000 square feet of Class A office space, and 900 parking spaces.
Several commercial tenants have already committed to the development. PNC Bank has leased a 3,000-square-foot branch set to open later this year.
In June, Dynasty Financial Partners signed a 15-year lease for the entire eighth floor, totaling 45,000 square feet of office space.