The St. Petersburg City Council, acting as the Community Redevelopment Agency, has approved preliminary plans for the 49-story Waldorf Astoria Residences at 150 2nd Avenue South in downtown St. Petersburg.
The council unanimously voted to advance the project, following discussions on hurricane preparedness, crane safety protocols, and pushback from residents of the neighboring Saltaire condo tower. These concerns were highlighted by a recent crane collapse at the nearby 46-story Residences at 400 Central construction site.
The Waldorf Astoria Residences will be St. Petersburg’s first hotel-branded luxury condominium, offering 164 residential units. The development will also feature approximately 63,251 square feet of Class A office space and 14,398 square feet of ground-floor retail.
The building design includes a double-height ground level, 11 levels of parking with 754 spaces, and areas for both long-term and short-term bicycle parking…