Demolition permit filed for future site of 50-story Waldorf Astoria Residences St. Petersburg
/A demolition permit has been filed for the City Center office tower parking garage in downtown St. Pete, the future site of the 50-story Waldorf Astoria Residences St. Petersburg.
The garage, located at 150 2nd Avenue South, will be removed as part of the redevelopment. The office tower itself is not included in the permit and will remain.
The project, announced in June 2024, was approved by the St. Petersburg City Council later that year.
The 50-story tower, expected to become the tallest building in the city, is being co-developed by Miami-based Property Markets Group (PMG) and St. Petersburg-based Feldman Equities.
In addition to 163 luxury condominiums, the approximately $500 million development will include 73,000 square feet of Class A office space, ground-floor retail, and an extensive collection of resort-style amenities.
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