Four months after launching sales, downtown St. Pete’s newest luxury condominium tower, Art House, has broken ground. A small group of people gathered at 235 1st Avenue South this morning to celebrate the milestone.
Art House will be constructed on a surface parking lot next to 200 Central, the tallest office tower in St. Pete. Kolter Group purchased the 0.4-acre site for $20.45 million in December, which translates to a record-breaking $50 million an acre.