35-story apartment tower and 13-story hotel proposed for downtown St. Pete
/A site plan review application has been filed for a high-rise mixed-use development that will transform a prominent parcel in downtown St. Pete.
KT St Pete Runner LLC and Ally MW, LLC have filed plans for a two-building, mixed-use project featuring a residential tower and an adjacent hotel on a 1.48-acre lot at the southwest corner of 2nd Street and 3rd Avenue North. The lot is located across the street from Sundial St. Pete.
Ally MW, LLC is an entity controlled by Tampa-based investment firm Ally Capital Group which is led by Andrew Wright, founder of Franklin Street. Ally purchased the Hotel Indigo at 234 3rd Avenue North in 2021 and renovated the property into the Exchange Hotel.
Read More









