33-story apartment tower 3rd & 3rd to begin vertical construction in downtown St. Pete

33-story apartment tower 3rd & 3rd to begin vertical construction in downtown St. Pete

Vertical construction is imminent at downtown St. Pete’s next high-rise tower.

Next week, crews from KAST Construction will start pouring the foundation for 3rd & 3rd, a 33-story 262-unit apartment tower currently under construction in downtown St. Pete.

It’ll be one of the largest foundation pours ever completed in the city.

The main core mat foundation pour, consisting of 4,000 cubic yards of concrete, will commence on Friday January 24th at 8:00 p.m. and last between 12 to 14 hours.

The team estimates that roughly 380 to 420 concrete trucks will make their way through the project site located at 235 3rd Street South on the northwest corner of 3rd Avenue South and 3rd Street directly across from the Publix-anchored University Village shopping center.

Read More

2,084-unit apartment community Sky Town to include affordable housing after approval of county funds

2,084-unit apartment community Sky Town to include affordable housing after approval of county funds

One of the largest residential projects currently in development in St. Petersburg will now include affordable housing thanks to financial support from Pinellas County.

On Tuesday, the Pinellas County Commission unanimously approved $5.5 million for the construction of the first phase of Sky Town, which is expected to break ground in March and include 401 apartments, 121 of which will now be affordable.

Sky Town, which is being developed by Coral Gables-based Altis Cardinal, is a massive mixed-use development expected to bring 2,084 apartments across six five-story buildings to 3201 34th Street South in the Skyway Marina District.

The project, which sits on 34.2 acres, will also include over 80,000 square feet of retail space, 22,500 square feet of office space, 4,000 parking spaces, and 119,160 square feet of self-storage space.

Read More

21-story apartment tower proposed near USF in downtown St. Pete

21-story apartment tower proposed near USF in downtown St. Pete

A local developer has proposed to construct a 21-story, 213-unit apartment building directly across from the University of South Florida in downtown St. Pete.

St. Pete-based real estate company Stadler Development has filed a site plan application with the city for a $67 million tower that is expected to rise on a 0.69-acre property at 446 4th Street South, which is currently home to a 5,000-square-foot commercial building occupied by Fresenius Kidney Care American Dialysis Center.

“This site will deliver the demand for the Innovation District. The whole community, including students and hospital workers, should be well-served by this project,” Stadler Development Managing Partner John Stadler said in a conversation with St. Pete Rising.

Read More

Done Deals: $250M condo project coming to Clearwater Beach, Affordable housing complex sells, St. Pete florist sells warehouse

Done Deals: $250M condo project coming to Clearwater Beach, Affordable housing complex sells, St. Pete florist sells warehouse

Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.

Have real estate news to share? Send us an email at hello@stpeterising.com.

Read More

Done Deals: St. Pete shopping center sells for $20.5 million, New manufacturing hub debuts, Local car wash to expand

Done Deals: St. Pete shopping center sells for $20.5 million, New manufacturing hub debuts, Local car wash to expand

Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.

Have real estate news to share? Send us an email at hello@stpeterising.com.

Read More