Construction set to begin on two new apartment buildings in downtown St. Pete
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Construction is set to begin on a pair of apartment building that are slated to bring 220 smaller, more attainable apartments to downtown St. Petersburg.
Named Ellington Place, the buildings are being developed by Florida-based REM Capital and are situated at 770 4th Avenue North and 200 17th Street North. REM Capital owns and operates 24 properties across the southeastern United States.
This will be the group’s first ground-up development says REM Capital’s President Robert Ritzenthaler. “I never dreamed we’d be developing in St. Petersburg,”says Ritzenthaler, who is a Tampa Bay resident.
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