Pictured: 3rd & 3rd
Pinellas County, Florida

New developments in St. Petersburg

4 projects are reshaping St. Petersburg through 2030: a pipeline that peaks in 2026.

4
Projects in the pipeline
1,389
Residences and hotel keys ahead
0
Under construction now
1
Opening soon
6.8M
Square feet planned
$527M
Financing tracked
The next five years

What St. Petersburg becomes

Open the calendar
2026
1 project · 262 homes and keys
3rd & 3rd
2028
1 project · 164 homes and keys
Roche Bobois St. Pete Tower
2030
1 project · 163 homes and keys
Waldorf Astoria Residences St. Petersburg
Opening next

The next to open

3rd & 3rdDowntown St. Petersburg · ResidencesNov 2026Opening soon
TMW Intelligence · The outlook

St. Petersburg’s build-out peaks in 2026, when 1 projects are due.

Delivering by the end of 2027
1
Projects due this year and next
Busiest year ahead
2026
1 projects due
The map

Where it’s rising

Open the map
Full screen
The pipeline

What’s being built

By stage

Announced2Breaking ground1Opening soon1Open1

By type

Residences3
Mixed-Use2
Tallest
50 floors
Waldorf Astoria Residences St. Petersburg
Busiest year
2026
1 projects due
Who’s building it

The firms shaping the city

Every firm

Developers

Property Markets Group1 projectFeldman Equities1 projectValor Real Estate Development1 projectEchelon1 projectThird Lake Capital1 project

Design firms

CUBE 31 projectBAMO1 projectGomez Vazquez International1 projectNiz + Chauvet Arquitectos1 projectBaker Barrios Architects1 project
The projects

All 5 we’re watching

Announced
Historic Gas Plant DistrictGas Plant District · Mixed-Use800 keys · Blake Investment Partners
Announced2030
Waldorf Astoria Residences St. PetersburgDowntown St. Petersburg · Mixed-Use163 residences · Property Markets Group
Opening soon2026
3rd & 3rdDowntown St. Petersburg · Residences262 residences · Echelon
Breaking ground2028
Roche Bobois St. Pete TowerDowntown St. Petersburg · Residences164 residences · Valor Real Estate Development
Open
The Residence at 400 CentralResidences301 residences · Red Apple Real Estate
How it compares
St. Petersburg vs. the neighbors
Projects in our database and modeled pricing, side by side.
St. PetersburgThis page
Pipeline4 projects · 1,389 units
Miami
Pipeline85 projects · 32,652 units
Median projected$1,850 / sq ft
West Palm Beach
Pipeline55 projects · 8,384 units
Median projected$1,850 / sq ft
Florida in the Dashboard →
Markets nearby

Up and down the coast

Every market
16 mi
Tampa16 projects · 8 building
31 mi
Sarasota16 projects · 6 building
91 mi
Orlando6 projects · 1 building
122 mi
Naples16 projects · 5 building
167 mi
Wellington6 projects · 1 building
167 mi
Palm Beach Gardens8 projects · 2 building
From the Journal
Our coverage of Tampa Bay
The latest stories from the projects shaping the city.
Journal
St. Petersburg's next tallest building and the city's first five-star branded condo tower passes $200 million in sales
Oct 19, 2026
Hotels & Resorts
Caspers Company unveils Clay Hill, a 550-acre countryside wellness resort
Sep 23, 2026
Journal
ONE Tampa tops out as the tallest residential building in Tampa
Aug 11, 2026
Journal
St. Petersburg picks The Burg Bid to redevelop the 86-acre Tropicana Field site
Jul 2, 2026
Journal
Related Group breaks ground on Manor Riverwalk District, the first phase of a $1 billion Tampa master plan
Jun 16, 2026
Journal
A $45.5M penthouse in downtown Tampa just hit the market
Jun 3, 2026
By type

Explore St. Petersburg

Residences 5Retail 4
Common questions

Frequently asked

What new developments are coming to St. Petersburg?
5 new developments across 2 categories — 0 under construction, 1 breaking ground, 1 opening soon, and 2 just announced. See the live map for every project.
What projects are opening soon in St. Petersburg?
1 project in the St. Petersburg pipeline are flagged Opening Soon — meaning expected opening within ~7 months. Pro members get weekly delivery updates on each.
What projects have just been announced for St. Petersburg?
2 projects are in the announced phase for St. Petersburg — meaning a developer has publicly committed but construction has not yet begun.
What kinds of new projects are being built in St. Petersburg?
The St. Petersburg pipeline is dominated by Residences (3), Mixed-Use (2). Each category has its own dedicated landing page — explore the "More project types in St. Petersburg" section above.
Who is the biggest developer in St. Petersburg?
Red Apple Real Estate leads St. Petersburg with 1 active project across categories. Their firm page shows every market they're building in.
What is the tallest project planned in St. Petersburg?
Waldorf Astoria Residences St. Petersburg at 50 floors — currently Announced. Open the project page →
How many residential units are being added across St. Petersburg?
Across the active St. Petersburg pipeline, the developments we track will add 890 residential units. Pro members get the unit count by neighborhood and project type.
When will the next wave of St. Petersburg projects open?
Delivery dates across the active St. Petersburg pipeline run from 2025 through 2030. Pro members get the TMW Forecast on every project as dates move.
What are the most-watched new projects in St. Petersburg?
Our editors flag the highest-profile projects as Featured. The current St. Petersburg Featured set: Waldorf Astoria Residences St. Petersburg. Each is marked with the TMW twinkle in the pipeline grid above.
How often is the St. Petersburg development data updated?
Hourly. Our map and every market page (including this one) rebuild from our database every hour, so a status change confirmed today shows up here within ~60 minutes. Editorial follow-ups land in the journal within the day.
What is being built in the Tampa Bay area?
We track 21 new developments across Tampa Bay: Tampa (16), St. Petersburg (5). Each city page lists every project with its status, and the map shows them all.
Who is financing new construction in St. Petersburg?
We track 2 disclosed construction loans in St. Petersburg totaling $527M. The largest: Historic Gas Plant District ($275M), The Residence at 400 Central ($252M). Every deal, by market, is on our Capital page.
What is being built in St. Petersburg, by status?
Pipeline by status

The St. Petersburg pipeline, status by status

1 project breaking ground in St. Petersburg

1 project opening soon in St. Petersburg

2 projects just announced for St. Petersburg

1 project now open in St. Petersburg

About the St. Petersburg pipeline

The St. Petersburg pipeline

We're tracking 5 new developments in St. Petersburg across every category — including Residences (3), Mixed-Use (2). Every project below links to a live status page with milestones, renderings, and our journal coverage.

Right now: 0 under construction, 1 breaking ground, 1 opening soon, and 2 newly announced.

Most active developer across the St. Petersburg pipeline: Red Apple Real Estate with 1 project.

How we built this list

Every project on this page is from our live database of new and under-construction developments worldwide. We add a project only after we can confirm it from a public filing, an official announcement, or independent reporting; status changes (breaking ground, topping out, opening) are sourced the same way and timestamped. Pro members get full access to TMW Intelligence’s prediction modeling, Dashboard data compilation, Pulse notifications, personalized notifications, comparison view, watchlists, and more.

Pro · St. Petersburg

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