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.