13-story hybrid hotel and apartment project approved for downtown St. Pete
/A 13-story building featuring 60 apartments and 60 hotel rooms has been approved for downtown St. Pete’s Grand Central District despite concerns.
Last week, the St. Petersburg Development Review Commission unanimously approved a site plan for the $22 million project expected to rise at 1663 1st Avenue South.
The property is currently developed with a commercial building that was previously home to Sunshine Kitty Catfe, Tampa Bay’s first cat café which closed in 2023, and Dolman Law Group.
The new project, proposed by Tampa-based BendinRoad Development in partnership with Landings Real Estate Group, is a significant shift from the developer’s initial vision to create an 8-story 97-unit apartment building, which was previously approved in 2023.
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Construction crews have completed demolition of the former UPC Insurance headquarters in downtown St. Pete, clearing the three-acre site for two 31-story apartment towers with 824 apartments and more than 30,000 square feet of retail space.
The 40,000-square-foot office building at 800 2nd Avenue South most recently served as a temporary office for the Tampa Bay Rays after Hurricane Milton damaged Tropicana Field.
UPC Insurance, which once occupied the building as its corporate headquarters, was placed into liquidation in 2023.
St. Pete-based Echelon, in partnership with Third Lake Partners, will develop the $225 million project, which will span more than 1.7 million square feet.
While shorter than the 46-story Residences at 400 Central, the two-tower development will contain more total floor area. At 343 feet, the towers will become the tallest buildings west of 5th Street and rank among downtown St. Pete’s 10 tallest structures.