Provenza at St. Pete is a premier multifamily residential community located in St. Petersburg, Florida. Constructed in 2014, this upscale apartment complex was developed to meet the growing demand for luxury living in the Tampa Bay area. With its strategic location, modern amenities, and high-end finishes, Provenza at St. Pete has become a sought-after residential destination.
Construction Year and Development
Provenza at St. Pete was built in 2014, marking its introduction as a high-end rental community catering to professionals, families, and retirees. Developed by the renowned real estate investment firm Hines, the project was designed to offer a sophisticated living experience with state-of-the-art amenities and contemporary architectural elements.
The construction of Provenza at St. Pete was part of a larger trend in St. Petersburg, where demand for luxury apartment living was on the rise. The developers focused on creating a community that blended modern aesthetics with functional living spaces, ensuring residents would enjoy both comfort and convenience.
Prime Location and Accessibility
Situated at 540 Trinity Lane, St. Petersburg, Provenza at St. Pete benefits from a prime location near major highways, including Interstate 275 and Roosevelt Boulevard. Its proximity to major employers, shopping centers, and entertainment hubs makes it a desirable residence for those seeking a vibrant urban lifestyle.
The Carillon Park neighborhood, where the community is located, is known for its dynamic business environment, with many corporate offices and healthcare institutions nearby. This makes Provenza at St. Pete an attractive option for professionals working in the area.
Luxury Living and Amenities
Provenza at St. Pete offers a variety of high-end amenities that elevate the residential experience. Some of its key features include:
- Spacious Floor Plans: One, two, and three-bedroom apartments designed with open layouts and stylish interiors.
- Modern Finishes: Apartments feature wood plank flooring, screened-in balconies, granite countertops, and stainless steel appliances.
- Resort-Style Pool: A luxurious swimming pool surrounded by a sundeck and lounge areas.
- Fitness Center: A fully equipped, 24-hour fitness center for health-conscious residents.
- Recreational Facilities: A bocce court, pet park, playground, and outdoor grilling stations.
- Technology and Convenience: Smart home features, car charging stations, and high-speed internet connectivity.
Acquisition and Future Prospects
In December 2019, Provenza at St. Pete was acquired by Momentum Real Estate Partners LLC, a Miami-based private equity firm, for $70.25 million. This acquisition highlights the property’s strong market value and the increasing demand for high-quality rental housing in St. Petersburg.
Looking ahead, Provenza at St. Pete is expected to maintain its reputation as a top-tier residential community, attracting tenants seeking a blend of luxury, convenience, and a prime location.
Conclusion
Since its construction in 2014, Provenza at St. Pete has remained a symbol of modern apartment living in St. Petersburg. With its thoughtfully designed residences, premium amenities, and excellent location, it continues to be a preferred choice for those looking for a high-end rental experience. Whether for young professionals, families, or retirees, Provenza at St. Pete offers a refined and comfortable lifestyle in one of Florida’s most vibrant cities.