Seven-story affordable apartment building for seniors proposed for city-owned lot in downtown St. Pete
/The City of St. Pete has received another offer to redevelop part of the Historic Gas Plant District in downtown St. Pete.
The Pinellas County Housing Authority (PCHA) has submitted an unsolicited proposal to purchase and redevelop a city-owned parking lot at 1659 3rd Avenue South into an 80-unit affordable housing building for seniors.
In 2023, the Rays and Hines submitted a nearly identical proposal for the same site.
The property, which sits adjacent to the recently completed Modera St. Petersburg apartment tower, has been historically used as parking for Tampa Bay Rays games.
In an October 8th offer letter to the city, PCHA Executive Director Neil Brickfield detailed plans for a seven-story building designed by St. Pete-based Storyn Studio for Architecture in partnership with local developer Ascension Real Estate Partners.
The proposal calls for the City to convey the land to PCHA so it can utilize the Affordable Housing Voucher Program to ensure long-term affordability.
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Plans have been revealed for two 44-story condominium towers at the site of the Hilton St. Petersburg Bayfront, in what would be one of the largest condo developments ever proposed for downtown St. Pete.
Delray Beach-based Kolter Urban recently circulated a site plan application to neighborhood and business associations outlining a $325 million redevelopment of the hotel property at 333 1st Street South.
If built as proposed, the towers would rise up to 509 feet. Only two existing or planned towers in St. Petersburg would be taller: the 515-foot Residences at 400 Central and the 539-foot Waldorf Astoria Residences planned at 150 2nd Avenue South.
The two new towers, which have been designed by 10 Design, would tie for the city’s third-tallest buildings, ahead of the 450-foot Art House and ONE St. Petersburg towers and the 408-foot Saltaire.
The proposal calls for 325 condo units, 17,988 square feet of commercial space, and a 519-space parking garage.
Kolter would also make 207 spaces in the adjacent Saltaire garage available to residents, for a total of 726 parking spaces.