When PMG and Feldman Equities announced Waldorf Astoria Residences St. Petersburg, it immediately became the most significant luxury residential launch on Florida's Gulf Coast. And for good reason. This isn't just another condo tower — it's the arrival of a globally recognized hospitality brand into a market that has been waiting for exactly this level of product.
I've spent 21 years in luxury real estate with over $2 billion in career sales. I've sold pre-construction for PMG, JDS Development Group, Swire Properties, and other major developers across Miami, New York, and Colorado. I've placed clients in Mandarin Oriental, St. Regis, Dolce & Gabbana, E11EVEN, and Perigon. When I look at Waldorf Astoria Residences St. Petersburg, I see something that stands apart — and I want to walk you through exactly why.
What Is Waldorf Astoria Residences St. Petersburg?
Waldorf Astoria Residences St. Petersburg is a 50-story luxury residential tower with 163 fully finished residences overlooking Tampa Bay in downtown St. Petersburg, Florida. The project is co-developed by Property Markets Group (PMG) — one of the most established development firms in the country with over 175 projects across 30 markets — and Feldman Equities, which brings over 11 million square feet of commercial real estate experience with an aggregate value exceeding $3 billion to the partnership.
The architecture is by Cube 3, a firm known for thoughtful, innovative design that balances aesthetics with functionality. Interiors are by BAMO, the acclaimed San Francisco-based design firm whose portfolio includes Four Seasons Madrid, Capella Bangkok, and Passalaqua — the hotel that was named the world's best in 2023.
"Waldorf Astoria Residences St. Petersburg represents the pinnacle of modern living, where every detail has been meticulously crafted to offer an unparalleled experience of elegance, comfort, and breathtaking beauty." — Jon Cardello, AIA, NCARB, Partner, Cube 3
The Waldorf Astoria Brand: Why It Matters
Since opening its first landmark hotel in New York City over a century ago, Waldorf Astoria has become synonymous with luxury hospitality and exceptional service. The brand redefined hospitality through the invention of 24-hour room service, daring culinary innovations, and attracting culture-shaping clientele. Today, Waldorf Astoria has over 30 hotels in iconic destinations and over 35 luxury residential properties in development worldwide as part of Hilton's branded residential portfolio.
What this means for buyers is a level of service infrastructure that an independent developer simply cannot replicate. You're not just buying a condo — you're buying into a century-old service standard backed by one of the largest hospitality companies in the world.
Location: Downtown St. Petersburg's Bayfront
St. Petersburg has quietly become one of the most desirable cities in Florida. The cultural infrastructure is extraordinary — the Salvador Dalí Museum, Museum of Fine Arts, The James Museum, Chihuly Collection, Imagine Museum, and Morean Arts Center are all within walking distance. The dining scene has exploded with restaurants like The Canopy, Rococo Steak, Fortu, Cassis, and Ceviche drawing national attention.
The tower rises directly on the bayfront, offering panoramic views of Tampa Bay and the downtown St. Petersburg skyline. Albert Whitted Airport is just 3 minutes away, St. Petersburg-Clearwater International Airport (PIE) is 17 minutes, and Tampa International Airport (TPA) is 26 minutes — making this one of the most connected luxury addresses in the state.
For buyers coming from Miami, New York, or international markets, the value proposition compared to Brickell or Manhattan is striking. You're getting a Waldorf Astoria branded residence with bayfront views in a walkable downtown at price points that are materially lower than comparable product in South Florida.
Amenities: 20,000 SF of Resort-Style Living
The amenity package at Waldorf Astoria Residences St. Petersburg is extensive. The centerpiece is an unprecedented 20,000 square foot resort-style pool deck featuring a tranquil 160-foot east pool overlooking Tampa Bay and a west pool with dual spas perfectly positioned to capture golden sunsets, along with elegant lounge areas and an expansive bar.
Other key amenities include the legendary Waldorf Astoria Peacock Alley inspired Sky Lounge — a signature gathering space that honors the brand's storied heritage — a rooftop swim deck and sun lounge, a state-of-the-art fitness center with movement studio, a wellness spa with steam room, sauna, cold plunge, and treatment rooms, a golf simulator, kids and teen entertainment center, pet spa, and dedicated EV charging stations.
The Residences: Fully Finished by BAMO
Every one of the 163 residences is fully finished — no shell units, no allowances, no guesswork. BAMO has curated each space to embody a seamless blend of modern luxury and coastal sophistication. The design approach brings the essence of waterfront living inside through meticulous craftsmanship and intentionally refined details.
Kitchen Specifications
Custom gourmet Italian kitchens designed by BAMO with natural stone countertops and backsplashes, and fully integrated Sub-Zero and Wolf appliance packages.
Primary Bathroom Specifications
Custom Italian vanities with stone tops, Waterworks fixtures, walk-in showers, freestanding bathtub, and private water closets.
Residence Features
Private entry foyer for each residence, panoramic bay and cityscape views, private balconies, custom built-out closets, contemporary lighting with dimmers and lighting control, laundry room with top-of-the-line washer and dryer, and smart home capability with high-speed internet and Wi-Fi.
Waldorf Astoria Service: What Comes Standard
This is where the branded residence advantage becomes tangible. Standard service at Waldorf Astoria Residences St. Petersburg includes a Waldorf Astoria Personal Concierge, 24-hour reception and security, doorman and bellman services, valet parking, 24-hour emergency maintenance, parcel receiving and delivery, and signature brand experience operation of all amenities and common areas including community events.
Additional à la carte services are available including housekeeping, automotive detailing, laundry and dry cleaning, and pet services.
Waldorf Astoria Signature Owner Benefits
This is one of the most compelling aspects of ownership. Every purchaser receives Hilton Honors Diamond status for the duration of ownership — up to two accounts for the initial purchaser. Diamond status includes 100% elite bonus points, space-available room upgrades, 48-hour room guarantee, and executive lounge access across the entire Hilton portfolio.
Additional benefits include worldwide residential owner discounted rates at over 8,300 Hilton properties, a dedicated Hilton concierge for travel assistance, discounted pricing on the Waldorf Astoria home collection, and a bespoke program of property discounts and value-added benefits.
For frequent travelers, the Diamond status alone represents significant annual value — and it's included with ownership for as long as you own the unit.
The Visionary Team
Property Markets Group (PMG) was founded in 1991 by Kevin Maloney and is led by Managing Partners Ryan Shear and Dan Kaplan. The firm has delivered more than 175 projects across 30 markets, distinguishing itself for new construction condominium development in New York City, Miami, and Chicago. I've sold multiple PMG projects and their execution is consistently best-in-class.
Feldman Equities brings over 30 years of development experience with 11+ million square feet and $3+ billion in aggregate value. They specialize in the Tampa Bay market, currently owning and managing over 2 million square feet locally.
BAMO has spent thirty years creating captivating environments that flow, function, and inspire. Their work at Four Seasons Madrid, Capella Bangkok, and Passalaqua speaks for itself. As BAMO Principal Anne Wilkinson described the project: "Waldorf Astoria Residences St. Petersburg was envisioned as a seamless blend of modern luxury and coastal sophistication."
Cube 3 brings innovative, responsive architectural design with a commitment to each client's unique vision.
How to Buy: Working with WIRE Miami
If you're considering a residence at Waldorf Astoria St. Petersburg, the next step is a private presentation. I provide qualified buyers with access to current floor plans, pricing, availability, and deposit structure details. Whether you're purchasing as a primary residence, seasonal home, or investment, I can walk you through the positioning of each unit type and help you identify the right fit.
I work with buyers across Miami, New York, South America, and international markets. My team at WIRE Miami handles every aspect of the pre-construction process — from initial presentation through contract execution and closing coordination.
Contact me directly at 305-321-7655 or adrian@wiremiami.com to schedule your presentation.
