February 11, 2025

Aerial St. Pete: The Sunshine City continues to rise as major projects progress

February 11, 2025/ Anthony Close

The latest edition of Aerial St. Pete shows the progress of six major real estate projects currently under construction in St. Petersburg.

Aerial St. Pete is a column by St. Pete Rising which features exclusive aerial photography of projects under construction in St. Petersburg, FL. To accomplish this, we have teamed up with AB3 Visuals who captured these photos in December.

In the article, we show the construction progress for projects including Residences at 400 Central, Art House, 3rd & 3rd, Echelon Site 7 & 8, Institute Square, and Marina Club Apartments.

March 02, 2023

28-story residential tower proposed for 3rd Avenue North in downtown St. Pete

March 02, 2023/ Anthony Close

Plans will soon be filed with the City of St. Petersburg for a high-rise mixed-use development that will transform a 0.94-acre parcel in downtown St. Pete.

Ally MW, LLC has proposed a 28-story residential tower on the site of the Exchange Hotel, formerly Hotel Indigo, at 234 3rd Avenue North.

January 25, 2023

14-story Tempo by Hilton hotel proposed for downtown St. Pete

January 25, 2023/ Anthony Close

Plans have been filed for a new hotel on 2nd Street in downtown St. Pete that would bring the first Tempo by Hilton hotel to Tampa Bay area.

KT St Pete Runner LLC, an entity controlled by Delray Beach-based Kolter Group, has submitted site plan review documents for a new 14-story 192-key hotel, that will sit on a 0.53-acre site at 232 and 256 2nd Street North.

The properties, which Kolter purchased for a combined $7.5 million in late 2021, are currently home to a surface parking lot and Fit2Run, a running specialty store.

June 15, 2022

35-story apartment tower and 13-story hotel proposed for downtown St. Pete

June 15, 2022/ Anthony Close

A site plan review application has been filed for a high-rise mixed-use development that will transform a prominent parcel in downtown St. Pete.

KT St Pete Runner LLC and Ally MW, LLC have filed plans for a two-building, mixed-use project featuring a residential tower and an adjacent hotel on a 1.48-acre lot at the southwest corner of 2nd Street and 3rd Avenue North. The lot is located across the street from Sundial St. Pete.

Ally MW, LLC is an entity controlled by Tampa-based investment firm Ally Capital Group which is led by Andrew Wright, founder of Franklin Street. Ally purchased the Hotel Indigo at 234 3rd Avenue North in 2021 and renovated the property into the Exchange Hotel.