St. Pete's pink buildings tease 29-story luxury condo tower

February 18, 2026 - 03:16

The vibrant pink buildings anchoring a prominent downtown St. Petersburg intersection are set to vanish, clearing the path for a sleek 29-story luxury condominium tower. Demolition of the long-vacant structures could begin as early as next month.

The project promises to significantly alter the city's skyline, introducing 164 high-end residential units to the bustling core. The development is positioned to capitalize on the area's continued growth and demand for upscale urban living. The forthcoming tower is expected to feature modern amenities and panoramic views of Tampa Bay and the downtown district.

For many residents, the pastel-hued buildings have served as a familiar, if somewhat faded, landmark. Their impending removal marks the end of an era for that city block, symbolizing the rapid pace of redevelopment transforming the city's urban landscape. The new construction is seen by proponents as a natural progression for the evolving downtown, adding density and new housing options.

The timeline indicates a swift transition from demolition to groundbreaking, with construction on the new luxury tower anticipated to follow shortly after the site is cleared. The project underscores the sustained investment and architectural evolution shaping the future of St. Petersburg's city center.