A significant new development could soon reshape the skyline of downtown St. Petersburg.
Developers have submitted plans for a $225 million project at 800 2nd Avenue South—the former site of UPC Insurance headquarters. The proposal includes two 31-story towers with 824 apartments and nearly 36,000 square feet of ground-floor retail space.
The existing 40,000-square-foot building, which temporarily served as the Tampa Bay Rays’ office after Hurricane Milton impacted Tropicana Field, is set to be demolished to clear the site.
If approved, the twin towers would become the tallest buildings west of 5th Street and rank among the ten tallest structures in downtown St. Pete—marking another bold step in the city’s vertical expansion.
Is St. Pete Growing Too Fast?
As downtown continues to rise, so does the conversation around what that growth means.
Supporters view the project as a much-needed response to housing demand and a sign of healthy economic momentum. But others worry about how rapid development could impact traffic, infrastructure, affordability, and the character of the city.
Is this the natural next step for a thriving city—or is St. Pete at risk of outgrowing its charm?
What Do You Think?
We’d love to hear your thoughts!
Is the proposed development a win for the city—or cause for concern?
π Quick Poll:
Do you support the new twin-tower development in downtown St. Pete?
-
✅ Yes – We need more housing and growth
-
π€ Maybe – Depends on how it impacts the area
-
❌ No – It’s too much, too fast
π£️ Join the Conversation:
Whether you're a longtime resident, business owner, or just curious about St. Pete’s future, your perspective matters. Feel free to leave a comment or reach out directly.
Let’s Talk Real Estate
Curious how this project—or the city’s broader growth—might affect property values or your real estate goals? I’m always happy to help.
Keyvan Kohan
Broker Associate, RE/MAX Metro
π 727-204-5001
✉️ kkshohet@gmail.com
π www.SunCoastHome.com