20-story, $134 million apartment tower proposed for 5th Avenue North in downtown St. Pete

20-story, $134 million apartment tower proposed for 5th Avenue North in downtown St. Pete

Seven small apartment buildings in downtown St. Pete could soon be demolished to make way for a 20-story luxury apartment tower.

St. Pete-based Stadler Development, led by John Stadler and his son Chris, has submitted plans for a $134 million tower with 370 apartments, 3,819 square feet of ground-floor retail, and a 485-space parking garage.

The 1.3-acre site is bordered by 4th Street North, 5th Avenue North, 5th Street North, and an alley. It shares a block with the Hollander Hotel and Trinity Lutheran Church, which sit on the opposite side of the alley.

Stadler is under contract to purchase the property from local investor Michael Andoniades, who owns the Hollander Hotel and several other nearby buildings.

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21-story apartment tower approved near USFSP in downtown St. Pete

21-story apartment tower approved near USFSP in downtown St. Pete

A 105-year-old commercial property that greets commuters as they enter the downtown St. Petersburg from I-175 may soon be demolished and redeveloped into a 21-story apartment tower.

On Thursday, the St. Petersburg City Council, meeting as the Community Redevelopment Agency (CRA), unanimously approved plans to redevelop the property at 446 4th Street South, which currently consists of a surface parking lot and a one-story, 4,984-square-foot office building occupied by Fresenius Kidney Care American Dialysis Center.

The proposed project includes a 21-story mixed-use building with 2,250 square feet of commercial space, 213 residential units, and a 230-space parking garage.

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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.

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