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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