The Cherenkov Telescope Array (CTA) project aims to implement the world’s largest next generation of Very High Energy gamma-ray Imaging Atmospheric Cherenkov Telescopes devoted to the observation from a few tens of GeV to more than 100 TeV. To view the whole sky, two CTA sites are foreseen, one for each hemisphere. The sensitivity at the lowest energy range will be dominated by four Large Size Telescopes, LSTs, located at the center of each array and designed to achieve observations of high red-shift objects with the threshold energy of 20 GeV. The LST is optimized also for transient low energy sources, such as Gamma Ray Bursts (GRB), which require fast repositioning of the telescope. The overall design and the development status of the first LST telescope will be discussed.