Revised plan approved for apartment tower on Mirror Lake in downtown St. Pete
/A planned apartment tower on the southwest edge of downtown St. Pete’s Mirror Lake neighborhood has been approved for increased height and additional units.
The initial plan, which was approved by the Development Review Commission in January 2023, called for a 21-story 200-unit apartment tower with 10,843 square feet of retail space and a 264-space parking garage at 699 1st Avenue North.
The new proposal is for a 23-story, 218-unit apartment tower with 11,193 square feet of retail space and a 274-space parking garage.
The properties, which Gravel Road Partners purchased in March 2022 for $6.4 million, include the parcels at 685, 694, and 699 1st Avenue North and are currently occupied by two vacant office buildings, a vacant triplex, and a surface parking lot.
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A 31-acre office property along McCann Lake has received preliminary approval for what would become the largest apartment community in Pinellas Park, with 552 units, including at least 221 affordable apartments.
City staff approved the preliminary site plan on September 30th for 10222 MCI Drive in the Gateway Centre Business Park.
The two-phase development would replace an office campus with nine four-story apartment buildings, two clubhouses, pickleball courts, and 847 parking spaces.
The apartment proposal relies on Florida’s Live Local Act, which allows residential development on the industrially zoned property, provided that at least 40% of the apartments, or at least 221 units, are reserved for households earning at or below 120% of the area median income for a minimum of 30 years.
The remaining 331 apartments would be leased at market rates.
Plans call for apartments ranging from studios to three-bedroom units. All nine residential buildings would rise four stories, with a maximum height of 50 feet.