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Signature Place developer provides “significant” reductions

Signature Place condominiums in downtown St Petersburg Florida

Joel Cantor, developer of Signature Place in downtown St Petersburg Florida recently said thatGulf Atlantic Communities, Inc wanted to reward people who put their money up nearly three years ago by giving them a “significant” reduction on their pre-construction prices. This is a reflection of a readjustment to the market.

Kudos to Joel Cantor and Gulf Atlantic for recognizing the reality of the current marketplace and giving credits to those who believed in him at the start of the project. So many developers discount the unsold units, at significant detriment to early purchasers.

The percentage of these discounts has not yet been disclosed.  The 36 story architecturally significant condo is expected to welcome its first residents within weeks.

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