St. Petersburg $134M Tower Faces Height Fight
Project Details and Financial Implications Amid St. Petersburg's vibrant and evolving environment, Stadler Development starts a transformative urban development project. With a $134 million investment, they plan to redefine luxury living downtown with a proposed 20-story luxury apartment tower. This ambitious project will offer 370 residential units, ranging from studios to two-bedrooms. It aims to elevate the city’s residential setting with modern luxury amidst historic surroundings. Seven historic apartments to be demolished to facilitate the new construction. Plans include an approximately 3,819-square-foot ground-floor retail space, boosting neighborhood commercial activity. Situated on a 1.3-acre site, it enjoys a strategic advantage in a historic area. The parking facility, consisting of 485 spaces, will enhance urban mobility and meet both tenant and visitor needs. This high-profile development targets upscale market demand. Site History and Demolition Plans A clash of heri...