24-story downtown tower reaches construction milestone

Coastal Construction hit a milestone last week with the topping out of 334 St. Petersburg Residences – which will become one of the tallest residential buildings west of the Beach Drive area and in the downtown core. 

The 334 St. Pete Residences development, at 334 2nd Ave. S., will be a 24-story residential tower that will offer 220 upscale residences along with 14,348 square feet of ground-floor retail space. A seven-story parking garage will connect to the development. 

The 250-foot tall tower is being developed by Miami-based American Land Ventures. 

“This is a landmark project in St. Petersburg, and we are very proud of the high quality and safe work we are doing with all of our trade partners. We look forward to delivering 334 at the end of the year,” Sean DeMartino, Coastal Construction’s President of Central Florida, said in a news release. 

The topping out of the 334 St. Pete Residences development. Photo: Catalyst Communications Group/Coastal Construction

A look at the project by the numbers.

• 21,500 cubic yards of concrete
• 2,217 tons of rebar
• 52,334 square feet of glass
• 42 miles of electrical conduit
• More than 230 miles of building wire

The project marks Coastal’s first project in St. Petersburg 

American Land Ventures bought the 334 property in 2018 and was expected to be completed last year, but the timeline was delayed by the Covid-19 pandemic. The project is now scheduled to be completed in early 2023. 

The units in the 334 St. Pete Residences tower will feature custom designer cabinetry, upgraded stainless steel appliances, quartz countertops, wine coolers and will boast panoramic views of the bay and the city’s skyline. 

334 is just two blocks from the planned Red Apple mixed-use development at 400 Central.