Plans shift for 23-story apartment building proposed for 17th Street South in downtown St. Pete
/Plans have shifted for a 23-story apartment building that was proposed in 2022 for 17th Street South in downtown St. Pete.
In late December, Miami-based commercial real estate investment firms Black Salmon and LD&D purchased the property at 155 17th Street South in a roughly $9 million deal from Apogee Real Estate Partners, a St. Pete-based real estate firm led by John Barkett and John Stadler.
The South Florida joint venture also assumed a $5.12 million mortgage loan from Apogee.
The purchase follows the city's recent streamlined approval of minor modifications to the 0.77-acre site which increased the project’s unit count from 204 to 260, decreased the retail space from 6,000 square feet to 4,961 square feet, and decreased the number of parking spaces from 300 to 260.The project’s height of 299 feet and FAR of 7.0 remains unchanged.
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After a sudden opportunity arose just four blocks from its current shop, Pete’s Bagels is preparing to move into a new space twice the size of its current location in the Grand Central District.
The local bagel company will relocate from 2361 1st Avenue South to 1900 1st Avenue South, a 4,200-square-foot repurposed Quonset hut that most recently housed the vegan restaurant Good Intentions, which closed earlier this summer after four years in business.
Pete’s plans to close its current shop for one day on Monday, October 5th, while its team moves equipment and furnishings overnight. The new location is expected to open Tuesday, October 6th.
Owner Steven Peterman said Pete’s was not actively searching for a larger space, but its current landlord planned work to the property that would have required the business to close temporarily.
The owners of the Good Intentions building, who also own Pete’s former production kitchen, reached out about the available space.