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Completion of Structural Building Phase Marks Major Milestone For The Related Group’s Icon Central

New renderings and commercial leases opened

Nine Months after breaking ground, The Related Group’s Icon Central in downtown St. Petersburg, FL, celebrates its “topping-off” or completion of the structural building phase. This major milestone in construction takes Icon Central an important step closer to its Summer 2019 delivery. 

Constructed over the entire 2.5-acre city block fronting Central Avenue, between 8th Street and Martin Luther King Jr. Street, Icon Central will be home to 368 luxury apartments and over 37,000 square feet of commercial retail space including the beautifully restored historic 1920’s Union Trust Bank Building. 

“From the very early days of development, we knew we wanted to create a property that not only raised the bar on residential projects in St. Pete, but also complimented the city’s unique vibe and honored its history. We’re happy to see Icon Central start to meet each of those goals and are looking forward to surpassing all expectations upon delivery,” said Jessica Suarez, Vice President of Development at Related and lead on the Icon Central property. 

With construction topped off, Smith & Associates Real Estate is beginning to market the available commercial space for lease as the exclusive commercial listing agent, which includes the newly renovated 18,700-square foot 1920’s Union Trust Bank building and 6,500 square feet of highly visible end-cap space on the corner of Central Avenue and 8th Street.

Smith & Associates Real Estate is proud to be part of a team comprised of skilled developers, architects, and builders working on this exciting new project,” said Bob Glaser, President and CEO of Smith & Associates Real Estate. “Restoring the neo-classic design of the historic Union Trust Bank and making it the cornerstone of the development, while offering modern updates, is what makes St. Petersburg such an exciting place to be. Icon Central is merging modern design while honoring the past, and that truly reflects the city's unique cultural identity.” 

Pat Calhoon, Commercial Broker for Smith, believes the nationwide trend of designing urbanscapes that merge work/play environments fulfills the demand of how people want their urban environments to feel. “Icon Central revitalizes an entire block in the trendy Central Arts District with a hip, modern design -- embodying contemporary urban living while respecting St. Petersburg’s history. It will be a signature building in the neighborhood, making it a highly desirable commercial location,” added Calhoon.

For more information on Icon Central or to inquire about available commercial leases, please visit https://iconcentralsp.com.