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New York's Red Apple Group planning a "destination block" in St. Petersburg

Developer unveils plans for 50-story, mixed-use tower on pivotal downtown site

  • By Kevin McQuaid
  • | 6:00 a.m. February 15, 2019
  • | 0 Free Articles Remaining!
COURTESY RENDERING — Red Apple Group's plans call for more than 300 residences and 200 upscale hotel rooms at 400 Central Ave. in downtown St. Petersburg.
COURTESY RENDERING — Red Apple Group's plans call for more than 300 residences and 200 upscale hotel rooms at 400 Central Ave. in downtown St. Petersburg.
  • Commercial Real Estate
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Red Apple Group Chairman and CEO John Catsimatidis had some strong feelings about the company’s first-ever real estate project outside its New York City base.

“My mandate from Mr. Catsimatidis was we had to build something architecturally interesting, something that would be accretive to the community,” Red Apple Executive Vice President Robert Zorn told an Urban Land Institute gathering in Tampa late last month.

 

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