By: D’Ann Lawrence White | Patch
Kolter Urban, a division of The Kolter Group, has officially begun on-site construction on two new luxury condominium towers, Hyde Park House and Saltaire in St. Petersburg.
The projects are intended to answer the needs of out-of-state-buyers looking for low-maintenance, vibrant communities in a tax-friendly environment.
Kolter is building on the success of ONE St. Petersburg, one of the most sought-after condominium towers ever constructed in Tampa Bay. The developer has two other towers underway in nearby Sarasota – The Ritz-Carlton Residences, which will welcome residents later this year, and the recently announced Bayso.
“We are very pleased to see the activity on site and in our sales galleries,” said Brian Van Slyke, Kolter Urban’s regional president for Florida’s West Coast. “Kolter has a proven track record of delivering the highest quality residences and most amenity-rich lifestyles in the Tampa Bay area, and Hyde Park House and Saltaire will be no exception. Although each project has its own unique design, features and amenities, both place residents in the heart of the most vibrant and rapidly-evolving cities on Florida’s West Coast. With over $220 million of work between both projects, we remain committed to and invested in Tampa and St. Pete, which recently welcomed all-new infrastructure such as the St. Pete Pier and Tampa’s Water Street District. Kolter will continue to support long-term growth and condominium demand in both markets for years to come.”
Hyde Park House, a 22-story, classically inspired, 70-unit tower is now rising directly on Bayshore Boulevard and has secured more than $50 million in sales to date. Its expansive condominiums offer residents long-range bay views and a lock-and=leave lifestyle within Tampa’s prestigious Hyde Park historic district.
Saltaire, a 35-story, 192-unit tower overlooking the downtown St. Petersburg bayfront, has secured more than $70 million in sales to date. It will offer a variety of condominium residences, with oversized terraces and unobstructed views of Tampa Bay and the city skyline.
Designed by award-winning SB Architects, these projects feature an array of contemporary floor plans, amenities and services, and curated designer finishes. Kast Construction is the general contractor for these developments. Smith & Associates Real Estate serves as the exclusive listing agent for Hyde Park House and Saltaire. Private appointments are encouraged at each sales gallery, and virtual presentations are offered.