St. Petersburg Welcomes Unprecedented Luxury: Sales Officially Launch at Waldorf Astoria Residences

The skyline of downtown St. Petersburg is set to be forever transformed with the official commencement of sales for the Waldorf Astoria Residences, a landmark development poised to become the city's tallest edifice and its inaugural luxury condominium offering branded by the esteemed Waldorf Astoria hotel.

Rising majestically at 150 2nd Avenue South, the 50-story, 539-foot tower will house an exclusive collection of 163 high-end condominiums, complemented by 73,000 square feet of premier office space, 10,000 square feet of ground-floor retail, and an impressive array of opulent residential amenities. Prices for these exceptional residences begin at $2.5 million.

This ambitious $500 million project, under the expert management of Hilton, is a strategic joint venture between Miami-based Property Markets Group (PMG), a national leader in luxury development, and St. Petersburg's own Feldman Equities, co-owners of the adjacent City Center office building. Key partners also include Vancouver-based City Office REIT and Orlando-based Tower Realty Partners. The exclusive sales for this landmark property are being expertly handled by Smith & Associates Real Estate.

"St. Petersburg's emergence as a premier residential destination in Florida, attracting discerning new residents and fueling demand for exceptional properties, makes it the perfect location for this iconic project," stated PMG CEO and Founder Kevin Maloney. "Building upon our success with Waldorf Astoria Residences in Miami and Denver's Cherry Creek, we are honored to once again partner with Hilton to introduce the brand's renowned world-class service to this thriving market, establishing a new benchmark for luxury living in the region."

Architectural Distinction:

The tower's striking design, conceived by CUBE 3 with interior spaces envisioned by the acclaimed BAMO design firm, features a captivating cantilevered structure soaring above a 17-story podium, creating a visually stunning "floating" effect. The design incorporates a grand double-height ground level, ample parking with 754 spaces across 11 levels, and convenient provisions for both long-term and short-term bicycle storage.

Exquisite Residences:

The residences themselves will comprise fully finished two- and three-bedroom units, ranging from a spacious 2,031 to an expansive 3,408 square feet. Each home will boast private entry foyers, private balconies offering breathtaking bay views, custom-built closets for optimal organization, elegant Italian bathroom vanities adorned with stone countertops, and bespoke gourmet kitchens featuring fully integrated Sub-Zero and Wolf appliances, sophisticated Waterworks fixtures, and cutting-edge smart home technologies.

A true showpiece is the two-story, 10,000-square-foot rooftop penthouse, complete with the ultimate luxury – a private pool overlooking the sparkling bay. "Our design philosophy centered on seamlessly blending modern luxury with the unique coastal sophistication that defines Florida living," explained BAMO Principal Anne Wilkinson. "Every carefully selected material and texture aims to bring the essence of the locale indoors, creating spaces that are both inviting and undeniably elevated—a true reflection of the enduring Waldorf Astoria legacy."

Unparalleled Amenities:

Residents will indulge in a sprawling 20,000-square-foot resort-style pool deck situated on the 18th floor, featuring a tranquil 160-foot east-facing pool offering breathtaking bay views, a dedicated sunset pool with dual spas, elegant lounge areas for relaxation, and a stylish bar for social gatherings. The same floor will also house private massage rooms for ultimate pampering, separate his-and-her saunas and steam rooms for rejuvenation, and a state-of-the-art fitness and movement studio for wellness pursuits. A dedicated kids’ and teen entertainment club will provide engaging spaces for younger residents.

Ascending to the 46th floor, residents will discover the Peacock Alley-inspired Sky Lounge, an exclusive retreat offering a sunset bar with panoramic views, a spacious pool deck for elevated relaxation, luxurious lounge spaces for socializing, and a captivating amenity terrace. Complementing these exceptional amenities are a suite of luxury services, including 24-hour access to dedicated concierge services, convenient valet parking, attentive doorman and bellman services, and a comprehensive menu of tailored a la carte services to cater to every need.

Developer's Vision for St. Petersburg:

"The arrival of the iconic Waldorf Astoria brand to St. Petersburg underscores the city's remarkable growth and its ongoing transformation into a sought-after destination for elevated living," stated Larry Feldman of Feldman Equities. "We are incredibly excited to contribute a landmark development that truly reflects the increasingly sophisticated living standards that residents now desire. This project will undoubtedly generate exciting new opportunities and create unforgettable experiences for the vibrant downtown St. Pete community."

While the precise construction timeline is currently being finalized, the developers anticipate commencing work on this transformative project later this year.

The Waldorf Astoria Residences seamlessly blends cutting-edge architectural innovation, an unparalleled collection of premium amenities, and the timeless legacy of luxury to redefine the very fabric of downtown St. Petersburg living. With its coveted location, exquisitely crafted design, and the promise of legendary Waldorf Astoria service, this development represents a significant milestone in the city's continued growth and its undeniable appeal as a premier residential destination on Florida's Gulf Coast.

As this exciting project progresses, stay tuned for updates and announcements regarding pricing, floor plans, and specific amenities. Call 813-253-0643 for the latest news and information on the Waldorf Astoria Residences St. Petersburg:

Contact Steve Samuels, 813-253-0643 for more information including pricing and floor plans for this exciting new project and be among the first to preview of and reserve your Waldorf Astoria Residences St. Petersburg Condo! For the most up-to-date project information, click here to be placed on our Waldorf Astoria Residences St. Petersburg VIP Notifications List. We'll also be glad to provide Up-To-Date Information on Other Pre-Construction, New, or existing property you may be interested in, in the St. Petersburg and surrounding condo markets.