53-unit townhome community proposed for St. Pete’s Gateway area
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New townhomes could be coming soon to north St. Pete, according to recent documents filed with the city. PulteGroup, a national home builder, is proposing a 53-unit townhome community in the Gateway area.
Gateway is an area in Pinellas County that is located at the crossroads of St. Petersburg, Clearwater, and Tampa. The central location has made the area an ideal place for several of the region’s top employers including Raymond James Financial, Home Shopping Network, Jabil, and Power Design, among others.
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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.