Renderings revealed for 162-unit condo development proposed for Corey Avenue in St. Pete Beach

Renderings revealed for 162-unit condo development proposed for Corey Avenue in St. Pete Beach

A prime waterfront parcel in St. Pete Beach may become a new mixed-use condominium development with restaurants, retail, and public green space.

Delray Beach-based real estate developer Kolter Urban unveiled its vision for a property located at the east end Corey Avenue during a Monday evening community meeting at the Sirata Beach Resort.

During the meeting, Kolter showed renderings and a site plan for a 162-unit luxury condo development with 4,000 square feet of restaurant space, 8,540 square feet of retail space, 39 boat slips, and public amenities, such as a park, plaza, and promenade.

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Prominent developer purchases over four acres in St. Pete Beach, plans mixed-use condo project

Prominent developer purchases over four acres in St. Pete Beach, plans mixed-use condo project

Delray Beach-based real estate developer Kolter Urban has acquired 4.5 acres of waterfront property on St. Pete Beach, with the intention of developing a mixed-use residential project on the site.

Kolter has developed numerous condo towers in downtown St. Pete, including ONE St. Petersburg, which opened in 2019; Saltaire, which opened in 2023; and the upcoming Art House, which is on track to debut in 2025.

On Monday, Kolter paid $9.85 million for a vacant property at the east end of Corey Avenue that was previously slated to be developed into Corey Landing, a 243-unit apartment community with restaurants, shops, a park, and boat docks.

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