20-story, $134 million apartment tower proposed for 5th Avenue North in downtown St. Pete
/Seven small apartment buildings in downtown St. Pete could soon be demolished to make way for a 20-story luxury apartment tower.
St. Pete-based Stadler Development, led by John Stadler and his son Chris, has submitted plans for a $134 million tower with 370 apartments, 3,819 square feet of ground-floor retail, and a 485-space parking garage.
The 1.3-acre site is bordered by 4th Street North, 5th Avenue North, 5th Street North, and an alley. It shares a block with the Hollander Hotel and Trinity Lutheran Church, which sit on the opposite side of the alley.
Stadler is under contract to purchase the property from local investor Michael Andoniades, who owns the Hollander Hotel and several other nearby buildings.
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