24-unit townhome community begins vertical construction in Grand Central District
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A new townhome community is set to rise on the edge of St. Petersburg’s Grand Central District and Historic Kenwood, bringing a neighborhood feel to one of the city’s most vibrant urban corridors.
Indianapolis-based developer Onyx+East has officially launched sales for Blanc, a 24-unit luxury townhome project at 3001 1st Avenue North. The phased development will span seven buildings across a one-acre site.
The property, formerly home to a gas station, a single-family home, and an apartment building, was cleared prior to Onyx+East purchasing the site for $4 million in 2024. The parcel was previously owned by Salt Palm Development who planned to build The Bismarck, an 18-unit townhome community.
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Pre-leasing is now underway at 3rd & 3rd, a 33-story apartment tower expected to welcome its first residents in mid-December in downtown St. Petersburg.
The 262-unit building is located at 235 3rd Street South across from the Publix-anchored University Village shopping center. Third Lake Partners, along with St. Pete-based developer Echelon, are developing the project.
KAST Construction broke ground on the tower about two years ago.
3rd & 3rd will include one-, two-, three-, and four-bedroom residences, including three four-bedroom penthouses, along with a 330-space parking garage and approximately 15,000 square feet of ground-floor retail space.
One-bedrooms are currently priced from $2,730 to $3,075 a month, while two-bedroom residences start at $4,570 and three-bedroom units start at $8,585.
The development is already 20% reserved, according to Echelon Senior Vice President of Development Cody LeClair.