ST. PETERSBURG — In a transformative move set to redefine the city’s skyline and luxury real estate market, national real estate development firm PMG and St. Petersburg-based co-developer Feldman Equities, LLC, in collaboration with City Office REIT, Inc. and renowned global hospitality leader Hilton, have officially announced the launch of Waldorf Astoria Residences St. Petersburg.
Rendering Courtesy of ArX Creative
This landmark development will be located along St. Petersburg’s highly sought-after downtown waterfront, delivering a striking 50-story luxury tower that will not only become the tallest building in the city, but also the tallest along Florida’s Gulf Coast. The Waldorf Astoria Residences will introduce an elevated standard of urban living, combining exceptional architecture, luxury amenities, and the prestige of a globally recognized hospitality brand.
The project will feature 163 branded residences, all crafted to reflect the distinctive elegance and world-class service synonymous with the Waldorf Astoria name. The development marks Hilton’s ongoing expansion into branded residential offerings, catering to discerning buyers who seek both luxury and the convenience of resort-style living in the heart of the city.
Design Excellence and Coastal Sophistication
The tower's architecture is being led by acclaimed firm CUBE 3, with interiors curated by the award-winning San Francisco-based design studio BAMO. The design vision merges refined modern aesthetics with the relaxed sophistication of St. Petersburg’s coastal environment. Towering glass facades will allow for expansive natural light and sweeping views, while the interiors will reflect warm, organic textures and an emphasis on understated elegance.
Residences will include spacious two- and three-bedroom homes ranging from 2,031 to 3,408 square feet, each fully finished with high-end materials and technology. Every unit will feature private entry foyers for an added sense of exclusivity, smart-home automation systems, and floor-to-ceiling windows. Expansive private terraces are oriented to maximize panoramic views of Tampa Bay and the downtown skyline.
A 10,000-square-foot duplex penthouse will crown the tower, offering a once-in-a-lifetime opportunity for luxury living at the highest elevation in the city. The penthouse will include its own private rooftop pool, outdoor entertaining space, and unobstructed, 360-degree bay-facing views—designed to rival the world’s most iconic sky residences.
Exceptional Finishes and Features
Attention to detail is evident in every aspect of the residence interiors. Each home will come outfitted with top-of-the-line Sub-Zero and Wolf appliances, custom European cabinetry, Italian vanities, and Waterworks plumbing fixtures. The lighting plan will include designer fixtures that balance ambient and accent lighting, enhancing the architectural features of each space. Select residences will also offer wine storage, soaking tubs, and generous walk-in closets, tailored to meet the expectations of luxury buyers.
Unmatched Lifestyle Amenities
The Waldorf Astoria Residences St. Petersburg will offer an expansive amenity program, totaling over 43,000 square feet. Anchoring this lifestyle offering is a 20,000-square-foot resort-style pool deck, complete with a 160-foot east-facing lap pool, a sunset pool flanked by dual hot spas, private cabanas, and social lounge areas. A poolside bar will provide light fare and beverages, creating a true resort ambiance for residents and their guests.
The Level 18 Wellness Center will serve as a holistic retreat, featuring massage treatment rooms, separate sauna and steam rooms, a yoga and Pilates studio, and a high-performance fitness center equipped with the latest cardio and strength-training technology.
Rising near the top of the tower, the Level 46 Sky Lounge will be a showpiece. Drawing inspiration from Waldorf Astoria’s iconic Peacock Alley, the Sky Lounge will feature a sunset cocktail bar, an elevated outdoor pool deck, and intimate lounge seating—all with dramatic views of the Gulf Coast. The lounge will serve as both a private retreat and a premier space for hosting events.
A Mixed-Use Urban Destination
Beyond its residential offerings, the tower will also incorporate over 73,000 square feet of Class-A office space, introducing premier corporate environments into the heart of downtown St. Petersburg. Approximately 10,000 square feet of ground-floor retail space will activate the streetscape with curated dining, shopping, and services that enhance the neighborhood experience.
A signature restaurant, with waterfront-facing dining and seasonal cuisine, is planned as part of the ground-level activation. The tower’s public-facing lobby will feature refined design elements, art installations, and concierge-level attention to visitors and residents alike. Additional amenities include a pet spa, entertainment lounges for children and teens, private meeting rooms, and EV charging stations, further reinforcing the development’s commitment to lifestyle convenience and sustainability.
Waldorf Service, Every Day
In line with the Waldorf Astoria brand, hospitality at the residences will go far beyond luxury finishes. Hilton will provide high-touch service as part of its branded residential program, offering residents personal concierge, valet parking, doorman and bellman services, and access to a range of a la carte offerings such as in-residence dining, housekeeping, event planning, and more.
These services will ensure that life at Waldorf Astoria Residences St. Petersburg remains as seamless and refined as its surroundings. With Hilton’s proven track record of hospitality excellence, residents can expect five-star treatment in every aspect of daily living.
Sales and Availability
Sales are expected to commence shortly. With strong early interest already building, Waldorf Astoria Residences St. Petersburg is poised to become one of the most desirable addresses on Florida’s west coast.
As the city continues to evolve as a cultural, business, and lifestyle hub, this development reflects a new chapter in downtown St. Petersburg’s transformation—where skyline-defining architecture meets hospitality-infused luxury living.