Saint James Townhomes Planned for 8th Street in Downtown St. Pete
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With demand high for townhomes in Downtown St. Petersburg, it is becoming more common for projects to sell out, sometimes months, before completion. But if you’re currently in the market, you might be in luck as a new boutique development will soon be under construction on the southeast corner of 8th Street South and 3rd Avenue South.
Located just three blocks south of Central Avenue, the Saint James Townhomes will feature eight, three-story units each consisting of 1,700 square feet with 3 beds and three and a half bathrooms. The project is being developed by local developer Jay Miller, President of J2 Developers, who also developed Quattro Beach Drive and the Trader Joe’s on 4th Street.
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Construction crews have completed demolition of the former UPC Insurance headquarters in downtown St. Pete, clearing the three-acre site for two 31-story apartment towers with 824 apartments and more than 30,000 square feet of retail space.
The 40,000-square-foot office building at 800 2nd Avenue South most recently served as a temporary office for the Tampa Bay Rays after Hurricane Milton damaged Tropicana Field.
UPC Insurance, which once occupied the building as its corporate headquarters, was placed into liquidation in 2023.
St. Pete-based Echelon, in partnership with Third Lake Partners, will develop the $225 million project, which will span more than 1.7 million square feet.
While shorter than the 46-story Residences at 400 Central, the two-tower development will contain more total floor area. At 343 feet, the towers will become the tallest buildings west of 5th Street and rank among downtown St. Pete’s 10 tallest structures.