Kolter’s 41-story tower on Central Avenue receives approval

The Kolter Group is moving forward with its plans to build a 41-story, mixed-use building at 200 Central Ave. 

The the developer behind the ONE St. Petersburg condo building, The Kolter Group is planning to build the tower at a surface parking lot adjacent to the 200 Central building. It will have residential units along with commercial and retail spaces. 

The development team received approval from the St. Petersburg Development Review Commission Wednesday. While there was some hesitation on the setbacks and design of the building, Trenam Law shareholder Don Mastry and the Kolter Group were quick to inform the board of how the planned development checked all the boxes. 

“This commission has approved similar situations such as 41-story ONE St. Petersburg building across the Ponce De Leon Hotel and Catsimatidis’ Red Apple Group’s project,” Mastry said, noting how The Kolter Group and its partners are meticulously and carefully considering how the development blends into the architectural style of the surrounding buildings. 

A rendering of the Kolter’s new 41-story condo tower at 200 Central Avenue. City of St. Pete documents/ SB Architects.

“We’ve put columns because there are columns on the outbound of the facade on that block,” Brian Van Slyke, Regional President of The Kolter Group, said during the meeting. He added that the tower will have similar copper tones to the surrounding buildings and that the team has added a canopy to the building to bring it down to a pedestrian scale. 

The proposed development is in the most intense district in the city where the tallest buildings are located and is compatible with the high-intensity surrounding neighborhoods, Mastry and Van Slyke reiterated. 

The tower would have roughly 250 residential units, 6,100 square feet of commercial space and a 482-space parking garage, according to the latest plans. 

The Kolter Group is working with San Francisco-based SB Architects, which designed Kolter’s 41-story ONE St. Petersburg tower, the Saltaire waterfront condo development and the 18-story Ritz-Carlton Residences.

The parking garage will be on levels two through eight, and it will be masked.  

The amenities will be on the ninth-floor level and include wellness/fitness spaces, a large pool deck, spa, social spaces, two guest suites and a game/movie room with a golf simulator.

The goal is to launch the sales at the start of 2022 and begin construction in the fourth quarter of next year.

Smith and Associates Real Estate will act as the brokerage firm for the condo sales and ULA out of Tampa will handle the marketing.