Kast Construction forging a new path

Contractor is determined to go in new directions in the wake of its management buyout from former parent Kolter Group.


  • By
  • | 6:00 a.m. April 24, 2020
  • | 0 Free Articles Remaining!
COURTESY PHOTO -- Despite a split from parent Kolter Group in January, Kast Construction is slated to build future Kolter projects, including the 35-story Saltaire, in St. Petersburg.
COURTESY PHOTO -- Despite a split from parent Kolter Group in January, Kast Construction is slated to build future Kolter projects, including the 35-story Saltaire, in St. Petersburg.
  • Commercial Real Estate
  • Share

In the aftermath of its late January management buyout of its corporate parent, Kast Construction, the general contractor behind some of the region’s most ambitious new buildings in recent years – including the 41-story One St. Petersburg mixed-use tower – is working to forge a new and independent path.

The buyout came 15 years after The Kolter Group, the developer of The Ritz-Carlton Residences, Vue Sarasota Bay and Westin Hotel and The Mark in Sarasota and One St. Petersburg and the forthcoming Saltaire in St. Petersburg, formed Kast as a subsidiary.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

  • December 15, 2025
Lee Health CEO to step down

Sponsored Content