New six-story apartment building planned for St. Pete’s Gateway area
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A grassy lot in north St. Petersburg is slated to become the site of the latest multifamily development in the Gateway area. On August 4th the Development Review Commission (DRC) will held a public hearing for a proposed site plan modification of the 22-acre Ibis Walk development which is located between Dr. MLK Jr. Street and Roosevelt Boulevard just north of Gandy Boulevard. The approval paves the way for a new six-story, 127-unit apartment building.
Ibis Walk is a mixed-use development that began construction in 2009 and was expected to have multifamily units, 77,000 square feet of retail space, and 150,000 square feet of office space. A portion of the retail space was completed in 2011 and later a 401-unit, four-story rental community, Ibis Walk Apartments, was completed in 2014. Current retail tenants in the retail space include Tijuana Flats, Freshii, 9Round Fitness, Smoothie King, Dollar General, and Yaya’s Flame Broiled Chicken.
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An updated plan for a proposed 13-story, 120-unit residential project in the Grand Central District would reserve 48 apartments for affordable housing.
Tampa-based BendinRoad Development is seeking $4.8 million in federal disaster-recovery funding through the City of St. Petersburg for Residences at 1663, planned at 1663 1st Avenue South.
City staff has recommended the request for approval, and City Council will vote on it October 1st.
The site is currently home to a vacant commercial building that was previously occupied by Sunshine Kitty Catfe, which closed three years ago, and the Dolman Law Group.
Plans, which were approved in 2025, call for a 13-story building with 60 apartments and 60 short-term rental units that could be rented nightly, weekly, or monthly.
While the building’s design and layout remain unchanged, the developer delayed its original construction timeline to pursue the affordable housing funding.
A groundbreaking is now planned for early 2027.