Downtown St. Pete’s tallest apartment tower has topped out at 36 stories
By Breanne Williams
Tampa Bay Business Journal
Published: Apr 21, 2022

One of the tallest high-rise apartments in Tampa Bay, under construction in downtown St. Petersburg, has topped out.

Charleston-based Greystar Real Estate Partners is developing Ascent St. Pete at the corner of First Avenue N and Second Street S. It will include a 172-key hotel by hotel in a partnership with AC by Marriott and will be 36 stories with 357 units. The units will range from studios to three bedrooms and penthouse units will also be on site. The hotel will have a separately branded restaurant on the eighth floor with an outdoor terrace and bar.

The project will include outdoor pool amenities on both the sixth and 36th floors. Along the ground floor is more than 6,800 square feet of retail along First Avenue and Second Street.

“Located in the heart of St. Petersburg, Ascent will provide an unparalleled rental housing experience in the Tampa Bay region,” David King, senior director of development, said in a release. “It has a creative and eccentric interior that complements its modern exterior, which is emphasized by expansive glass balconies at nearly every unit."

Construction on the tower began in December 2020 and Ascent St. Pete is scheduled to open in January 2023 with final construction completion slated for May 2023.

Greystar is also developing 93 acres in Pinellas Park to build a 75-acre, 1 million-square-foot industrial park and an 18-acre multifamily housing community.