{"id":429405,"date":"2026-10-16T11:17:19","date_gmt":"2026-10-16T11:17:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/429405\/"},"modified":"2026-10-16T11:17:19","modified_gmt":"2026-10-16T11:17:19","slug":"kolter-urban-proposes-two-44-story-towers-for-333-1st-street-south-st-petersburg-florida","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/429405\/","title":{"rendered":"Kolter Urban Proposes Two 44-Story Towers for 333 1st Street South, St. Petersburg, Florida"},"content":{"rendered":"<p> <img width=\"777\" height=\"571\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-15-at-12.49.19-PM-777x571.png\" class=\"u-photo wp-post-image\" alt=\"\" decoding=\"async\" fetchpriority=\"high\"  \/>The site plan. Image by Kolter Urban <\/p>\n<p class=\"entry-meta\"> By: <a rel=\"author nofollow noopener\" class=\"fn p-author h-card\" href=\"https:\/\/floridayimby.com\/author\/colt\" target=\"_blank\">Colt Dodd<\/a> 7:00 am on October 16, 2026<\/p>\n<p>Developer Kolter Urban has proposed a two-tower development on the site of the Hilton St. Petersburg Bayfront in Pinellas County. If approved, the 44-story venture would be one of the largest condo developments in the area\u2019s history.<\/p>\n<p>Current plans call for two towers measuring 509 feet above grade, featuring 325 condos. There would also be close to 18,000 square feet of commercial space and a 591-spot parking garage. <a href=\"https:\/\/stpeterising.com\/home\/two-44-story-towers-planned-for-hilton-bayfront-site-in-downtown-st-pete\" rel=\"nofollow noopener\" target=\"_blank\">St. Pete Rising<\/a> reports that Kolter would also reserve 207 spots in the adjacent Saltaire parking garage. In total, the two towers would require 1.32 million square feet of new construction \u2013 nearly four times the square footage of the 1970s-era hotel.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-42530\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-15-at-12.50.20-PM.png\" alt=\"\" width=\"1200\" height=\"604\"  \/><\/p>\n<p class=\"wp-caption-text\">The venture would replace this hotel. Image from Google Earth<\/p>\n<p>The multi-million-dollar venture would occupy a 3.01-acre site and entirely replace the Hilton hotel on the site. Kolter purchased the parcel for $96 million in 2023. Initially, the firm wanted to redevelop the hotel with a singular residential building, but plans later shifted. Our sources suggest that the towers may be developed under the Ritz Carlton banner, although this hasn\u2019t been officially confirmed.<\/p>\n<p>Kolter\u2019s two-tower project is slated for the northeast corner of 2nd Street South and 4th Avenue South, specifically <a href=\"https:\/\/maps.app.goo.gl\/VKukBcNkr37rBwRg6\" rel=\"nofollow noopener\" target=\"_blank\">333 1st Street South, St. Petersburg, Florida<\/a>, 33701, in Pinellas County.<\/p>\n<p> <a href=\"http:\/\/eepurl.com\/hud0UH\" rel=\"nofollow noopener\" target=\"_blank\">Subscribe<\/a> to YIMBY\u2019s daily e-mail<\/p>\n<p><a href=\"https:\/\/google.com\/preferences\/source?q=https%3A%2F%2Ffloridayimby.com\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/10\/1792149439_912_google_preferred_source_badge.png\" width=\"245\" height=\"40\" alt=\"Make YIMBY preferred on Google\"\/><\/a><\/p>\n<p><a href=\"https:\/\/instagram.com\/yimbygram\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Follow<\/a> YIMBYgram for real-time photo updates<br \/><a href=\"https:\/\/www.facebook.com\/YIMBYFB\" rel=\"nofollow noopener\" target=\"_blank\">Like<\/a>\u00a0YIMBY on Facebook<br \/><a href=\"https:\/\/twitter.com\/yimbytweets\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Follow<\/a> YIMBY\u2019s Twitter for the latest in YIMBYnews<\/p>\n<p><a href=\"https:\/\/floridayimby.com\/category\/uncategorized\" rel=\"category tag nofollow noopener\" target=\"_blank\">Uncategorized<\/a><\/p>\n<p style=\"display: inline;\">. <\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"The site plan. Image by Kolter Urban By: Colt Dodd 7:00 am on October 16, 2026 Developer Kolter&hellip;\n","protected":false},"author":2,"featured_media":429406,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[202,204,203,199,201,200],"class_list":["post-429405","post","type-post","status-publish","format-standard","has-post-thumbnail","category-st-petersburg","tag-st-pete","tag-st-pete-headlines","tag-st-pete-news","tag-st-petersburg","tag-st-petersburg-headlines","tag-st-petersburg-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/429405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=429405"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/429405\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/429406"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=429405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=429405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=429405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}