Corey Landing St Pete Beach | Kolter Condos St Pete Beach

Kolter Urban Acquires Waterfront Property for New Mixed-Use Development in St. Pete Beach

Delray Beach-based real estate developer Kolter Urban has secured a prime piece of waterfront property on St. Pete Beach, marking the beginning of plans to develop a new mixed-use residential project. The acquisition covers 4.5 acres of land at the east end of Corey Avenue, a highly sought-after location that will soon be transformed into a vibrant, modern community.

Acquisition Details and Previous Developments

Kolter Urban paid $9.85 million for the vacant site, which was once slated for a project known as Corey Landing. This original proposal envisioned a 243-unit apartment complex complete with restaurants, shops, a park, and boat docks. However, Kolter’s plans for the site will differ, focusing on luxury condominiums instead of apartments, with commercial space expected to complement the residential units.

In addition to the 4.5-acre parcel, Kolter has also acquired two adjacent properties that were not part of the original Corey Landing development plan. These include a 0.37-acre lot at 75 Corey Avenue, purchased for $3.5 million, and a 0.23-acre lot at 85 Corey Circle, purchased for $1.75 million.

Kolter Urban’s Expanding Presence in St. Petersburg

Kolter Urban is no stranger to St. Petersburg’s thriving real estate scene. The developer has already made its mark in downtown St. Pete with several high-profile condo projects. These include ONE St. Petersburg, which opened in 2019, Saltaire, which debuted in 2023, and the upcoming Art House, slated for completion in 2025.

The new waterfront development on St. Pete Beach will add to Kolter’s growing portfolio in the region, continuing its focus on upscale residential spaces in prime locations.

Update 2/19/2025

Kolter reveals plans for Corey Landing

Corey Landing, located in St. Pete Beach, could soon be transformed into a waterfront mixed-use condominium development, featuring restaurants, retail spaces, and public green areas.

Kolter Urban, a real estate developer based in Delray Beach, shared its plans at Sirata Beach Resort for the property located at the eastern end of Corey Avenue during a community meeting held on 2/17/2025

At the meeting, Kolter presented renderings and a site plan for a luxury condominium project with 162 units, including 4,000 square feet designated for restaurants, 8,540 square feet for retail, 39 boat slips, and public amenities like a park, plaza, and promenade.

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