Downtown St. Pete condo tower tops out
Get personalized newsletters for any city in the world with Headline, sign up here.
The Art House, a striking new 42-story luxury condominium tower in downtown St. Petersburg, has officially reached its top height, celebrating a major construction milestone. Developed by Kotler Urban and built by Coastal Construction, the project commenced in June 2022 and has swiftly gained traction, with 75% of the 244 luxury units already sold. This rapid sales success underscores the increasing demand for upscale living spaces in the vibrant downtown area. The tower is poised to not only reshape the local skyline but also stimulate economic growth through construction and future residency.
The milestone was celebrated with a ceremony, emphasizing the collaborative efforts of the development team. As St. Petersburg continues to attract new residents and businesses, the Art House serves as a significant marker of urban development. The project reflects broader trends in the real estate market, where luxury condominiums are becoming increasingly sought after. This development highlights the city's transformation into a desirable destination for both living and investment.