Ascent St. Petersburg, a 36-story mixed-use building currently under construction in downtown St. Pete, has topped out.
The project, which is located at northwest corner of 1st Avenue North and 2nd Street, is being developed by Greystar Real Estate Partners and will feature 357 apartments along with a 172-key AC Hotel by Marriott.
Headquartered in Charleston, South Carolina, Greystar is the largest operator of apartments in the United States.
“Ascent’s location is incredible and the site has been long overdue for redevelopment,” said David King, Senior Director of Development at Greystar. “We are thrilled to have the opportunity to contribute to St. Pete’s growth while elevating the bar for rental housing and bringing an upscale, urban inspired hotel brand to the market. We are excited to reach this milestone and look forward to many more.”
Construction began in December 2020 and topped out earlier this month at nearly 378 feet. Greystar is also serving as the general contractor for the development.