18-story apartment building proposed for 18th Street North in downtown St. Pete
/A new residential tower has been proposed for a quiet corner of downtown St. Petersburg at the corner of 2nd Avenue North and 18th Street. The $72.9 million development is being proposed by WSLD St. Petersburg, LLC, an entity connected to LeCesse Development
LeCesse Development is a developer and owner of multifamily properties that is based in Altamonte Springs, Florida. To date, the company has developed over $3.5 billion in income-producing real estate.
The firm’s new development in downtown St. Petersburg is planned for a 0.87-acre lot at 201 18th Street North that includes several single family and multi-family homes.
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Contrary to recent reports, Jannus Live, the iconic open-air concert venue in downtown St. Petersburg, is not for sale and will continue operating, according to the property's owner.
The confusion began when a two-story, 10,500-square-foot commercial building at 200 1st Avenue North, immediately north of the courtyard music venue, was listed for sale for $11.5 million.
Although the two properties share a longstanding connection, they have separate owners.
The building listed for sale is owned by The Jannus Landing Retail Building, LLC, associated with local businessman Jeff Knight, while the courtyard concert venue is owned by St. Pete Jannus, LLC, led by Tony Amico.
"Jannus music venue is not for sale and will continue to operate," Amico said in a conversation with St. Pete Rising. “There may be a short pause due to a change of operators, but the music will continue.”
The distinction comes after several local publications reported that Jannus Live was being sold, raising concerns about the future of the courtyard that has hosted concerts in downtown St. Pete since 1984.