23-Story St. Pete Condo Tower to Break Ground in 2022

Tampa-based DDA Development is moving ahead with plans to construct The Nolen, a 23-story residential condominium tower planned for 126 4th Street Northeast in Downtown St. Petersburg, Florida, Florida YIMBY reports. Designed by PLACE Architecture with Melissa Kelly Design Studio handling interiors, the building would rise 228 ft into the city’s skyline, eventually taking the spot of eleventh tallest structure in St. Pete. The Nolen, which is named after John Nolen, the mastermind city planner who drafted St. Pete’s first comprehensive plan, is projected to yield 31 luxury condo units, a three-story parking garage for 62 vehicles and 1,260 ft² of ground-floor retail. The Nolen is designed to maximize privacy for residents, meaning each residential unit will be built without shared walls. Amenities on the fourth floor include a landscaped outdoor terrace with a pool and spa, ample seating and cabanas, an entertainment space and a fully equipped kitchen. The Nolen received formal approvals from St. Petersburg’s Development Review Commission in August 2021. Ground-breaking is scheduled for early 2022, and construction is expected wrap up some time in the second half of 2023. Craig Sher and Will Conroy of Backstreets Capital are partnering with DDA Development on The Nolen. Pre-sales are set to commence in November, with units starting from US$1.2 million.