Waldorf Astoria Residences St. Petersburg has surpassed $100 million in presales, a threshold developers use to support construction financing for large condominium towers.
The planned 50-story project at 150 Second Ave. S. has also secured a $27 million penthouse contract, which the development team described as the highest-priced condominium sale in Tampa Bay history.
For some buyers, the decision comes down to a simple question: what can be built between their unit and the waterfront?…