Earlier this week, the City of St. Pete’s Development Review Commission unanimously approved of Floor Area Ratio (FAR) bonuses, a building height bonus, and a site plan to construct Sky St. Pete, a 20-story 232-unit apartment tower proposed northwest of the EDGE District in downtown St. Pete.

The 212-foot-tall tower will be constructed on a 0.73-acre site located at 1624, 1642, 1650 and 1662 Burlington Avenue North. The property is currently occupied by a vacant dirt lot and seven residential structures with eight dwelling units. These buildings will be demolished to accommodate the new development.

The $94 million project, which is being developed by Michigan-based DevMar Development, was announced on St. Pete Rising in June. In August, City Council, meeting as the Community Redevelopment Agency, approved the development.

A handful of single-family homes and a surface parking lot on Burlington Avenue and 17th Street could be razed and redeveloped with multi-family housing according to documents recently filed with the City of St. Petersburg.

The project, named Sky St. Pete, is being developed by DevMar Development and will rise on a 0.73-acre site located northwest of the EDGE District in downtown St. Pete. Plans call for the construction of a 20-story building featuring 246 apartments.

In 2020, DevMar completed their first St. Pete project, Vantage St. Pete, an 11-story 211-unit apartment building located one block south of Sky St. Pete. The firm is currently under construction on The Metro, a 100-unit apartment project in the EDGE District, which is expected to open in early 2023.