23-story Gallery Haus apartment tower set to break ground near Tropicana Field in downtown St. Pete
/A team of Miami-based developers is preparing to bring a new wave of residential living to downtown St. Pete.
LD&D, in partnership with IGEQ and Black Salmon, has finalized plans for Gallery Haus, a 23-story, $115 million apartment tower that will rise at 155 17th Street South, directly across from Tropicana Field and along the Pinellas Trail.
The development will contain 254 apartments, more than 10,000 square feet of amenities, and 7,000 square feet of ground-floor retail space.
LD&D purchased the 0.77-acre site from Apogee Real Estate Partners in late 2023 for just over $9 million. Apogee had previously secured site plan approval for a similar tower with 204 units in 2022.
Gallery Haus is an expansion of LD&D’s “Haus” portfolio, which includes Wynwood Haus in Miami’s Wynwood Arts District and Williamsburg Haus in Brooklyn.
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Several prominent properties in the EDGE District have sold for $12 million.
According to a deed recorded October 6th, developer PTM Partners sold the three-story building at 1246 Central Avenue and the street-level retail spaces at the adjacent Moxy hotel to L3 Capital, a Chicago-based private equity real estate investment firm that focuses on urban retail.
The 27,261-square-foot building at 1246 Central Avenue is home to Bosphorous Turkish Cuisine and Amorino Gelato on the ground floor. Digital marketing company WebFX has signed a lease for the third floor but has not yet moved in, while the approximately 8,700-square-foot second floor remains available for office tenants.
The sale also includes the Moxy hotel’s 3,407 square feet of ground-floor retail space, occupied by Floyd’s Barbershop and Solidcore. It does not include the 163-room Moxy hotel itself, which remains part of PTM Partners’ EDGE Collective development.
James Garner and Jim Shiebler of CBRE represented PTM Partners and L3 Capital in the transaction.