18-story expansion planned for downtown’s Camden Pier District Apartments
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One of downtown St. Pete’s most popular apartment complexes, Camden Pier District, is planning an expansion that will add an 18-story 95-unit tower to the existing 357-unit community.
“We are excited to expand Camden Pier District to provide additional high-quality housing to the St. Pete market,” said Ric Campo CEO of Camden Property Trust. “St. Pete is a great place to live, work, and play and we are glad to be part of this growing great city.”
Last Tuesday, Camden Property Trust paid $2.1 million for a 0.23-acre property located at 201 4th Avenue South on the southeastern corner of the existing development. The lot is currently home to a medical office and a single-family house. Both buildings will be demolished to make way for the new tower.
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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.