24-Story St. Pete Residential Tower Will Break Ground Soon

ST. PETERSBURG, FL — A 24-story residential tower in downtown St. Petersburg will begin construction in March.

The future residential tower, 334, will have 220 residences with luxurious amenities. Coastal Construction is the general contractor for the project, and it was developed by American Land Ventures.

“The decision to select Coastal Construction was an easy one," David Fellows, vice president of construction at American Land Adventures said. "Their willingness to develop the GMP with transparency, and their reputation of quality built projects, made them the obvious choice. Coastal has built some of the state’s most iconic high rises, from the Porsche Design Tower in Miami to the Surfside Four Seasons Hotel at the Surf Club.”

334, 334 Second Avenue South, will be 250-feet tall, and will rank among the tallest residential buildings west of the Beach Drive area and in the downtown core, according to Coastal Construction.

“We are excited to team up with American Land Ventures, and we are thrilled to build a major residential tower in beautiful downtown St. Petersburg,” Coastal Construction Central Florida President Craig Klingensmith said. “The city is so vibrant and its future is very bright and full of opportunities. We hope this is the first of many projects for us in the community.”

Mayor Rick Kriseman said the project is an ideal location for residents eager to be within walking distance to restaurants and museums.

The development is expected to be complete in late 2022.