With the boutique condo, The Nolen, poised to complete construction later this year will St. Petersburg see more boutique condos?
The Nolen, a new luxury tower at 126 4th Avenue NE., is among the city’s 10 tallest buildings but will feature just 31 residences. The new luxury tower will feature a resort-style heated pool, spa, fitness center, salon, and private lounge. The units offer expansive terraces, waterfall stone countertops, and other upscale amenities. However, stakeholders believe privacy is the boutique tower’s main selling point.
David Moyer, director of sales developer services for listing agent Smith & Associates Real Estate, said most downtown condos developed in the past decade are “for the masses.” He compared the Nolen’s living experience to a single-family home.
St. Petersburg continues experiencing exponential growth, and many residents have expressed concerns over a lack of parking and increased traffic. Bowen Arnold, principal at Tampa-based DDA Development, believes boutique buildings help alleviate many growth concerns.
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Senior Director of Construction
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