Trails Edge Apartments

Plans have shifted for a 23-story apartment building that was proposed in 2022 for 17th Street South in downtown St. Pete.

In late December, Miami-based commercial real estate investment firms Black Salmon and LD&D purchased the property at 155 17th Street South in a roughly $9 million deal from Apogee Real Estate Partners, a St. Pete-based real estate firm led by John Barkett and John Stadler.

The South Florida joint venture also assumed a $5.12 million mortgage loan from Apogee.

The purchase follows the city's recent streamlined approval of minor modifications to the 0.77-acre site which increased the project’s unit count from 204 to 260, decreased the retail space from 6,000 square feet to 4,961 square feet, and decreased the number of parking spaces from 300 to 260.The project’s height of 299 feet and FAR of 7.0 remains unchanged.

St. Pete’s Development Review Commission has unanimously approved a 23-story apartment tower at 155 17th Street South in downtown St. Pete. The building is the latest proposal for the western side of downtown St. Pete that is increasingly seeing larger developments.

The project is being proposed by St. Pete-based Apogee Real Estate Partners and will feature 204 apartments, 6,000 square feet of ground floor commercial space, and a 300-space parking garage.

“The site offers amazing views and access to all St. Pete has to offer being situated at the gateway to both the budding Warehouse Arts District and the Tropicana Redevelopment Site,” said John Barkett, Managing Partner at Apogee, to St. Pete Rising in April.

A 23-story apartment building has been proposed for 17th Street South in downtown St. Pete.

Plans for the building were submitted by Apogee Real Estate Partners, which is led by John Stadler and John Barkett, and will feature 204 apartments, 6,000 square feet of ground floor commercial space, and a 300-space parking garage.

It will be located at 155 17th Street South at the northwest corner of 17th Street South and the Pinellas Trail and will be adjacent to Modera St. Petersburg, a 20-story apartment tower that is under construction at 201 17th Street South. An existing on-site warehouse will be demolished to make way for the new development, however the neighboring Vertical Ventures climbing gym is not expected to be impacted.