February 1, 2025

New Student Apartment Tower Near University of South Florida

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News Summary

A new 21-story apartment tower is proposed near the University of South Florida’s St. Petersburg campus. This development at 446 4th St. S. will provide 213 residential units designed for students and residents, along with commercial space and enhanced community features. As plans move forward, community concerns arise regarding historical buildings on the site. The project aims to transform student living in the vibrant Innovation District of St. Petersburg, with construction potentially starting in 2026 pending approvals.

New Heights for Student Living in St. Petersburg

St. Petersburg is buzzing with excitement as plans for a brand new 21-story apartment tower make their way through the local approval process. This ambitious project, located at 446 4th St. S., is just a stone’s throw away from the University of South Florida’s St. Petersburg campus, specifically across from the university’s recreation fields. For students and residents alike, this development could change the game when it comes to housing options in the area.

The Tower in the Heart of Innovation District

The proposed tower is set to rise to a towering height of 245 feet and will feature an impressive 213 residential units. With nearly 319,000 square feet of space, it aims to provide a modern living experience right in the bustling Innovation District. With a substantial investment of $67 million, this development symbolizes the ongoing growth and attraction of St. Petersburg.

More Than Just Apartments

This project isn’t just about creating apartments; it also aims to enhance the community. At street level, residents and visitors will enjoy 2,250 square feet of commercial space. Imagine grabbing a cup of coffee or running errands without having to go far from home. In addition, a 230-space screened parking garage and 228 bicycle parking spaces are planned to ensure accessibility and promote alternative transportation methods.

Walkable and Green

The design considers pedestrian needs too. The plans include 10-foot sidewalks that will make it easier and safer to stroll around the neighborhood. The landscaping and the planting of trees along the right-of-way will not only beautify the area but also contribute positively to the local ecosystem. Residents can enjoy a more walkable lifestyle, which is something many people are aiming for these days.

A Home for Students

With a focus on meeting the housing demand, the developers are particularly targeting students, especially upperclassmen and graduate students who may need a space that allows for both study and relaxation. Its close proximity to the university means that students could enjoy the perks of living near campus while also having the comforts of home.

Community Concerns

While excitement builds for this new development, there are some community concerns to address. A local resident has voiced worries about the fate of an old building on the site, which has housed a dialysis center for over 105 years. What will happen to this piece of local history if construction goes ahead? This is a question that the community will want answered as the plans move forward.

The Next Steps

The St. Petersburg Development Review Commission is scheduled to review the site plan on March 5. Following that, the city council will make the final call on whether this exciting project gets the green light. If approved, construction is expected to kick off in the second quarter of 2026, paving the way for a new chapter in student living.

What Does This Mean for St. Petersburg?

This impending project points to the ongoing transformation of St. Petersburg as a hub of opportunity. New living spaces mean more people, more businesses, and ultimately, a more vibrant community. Whether you’re a student, resident, or just someone who loves this city, the proposed apartment tower has the potential to bring positive changes to the neighborhood.

As plans unfold, all eyes will be on this exciting development and its impact on student life and the broader community. Keep your fingers crossed for some fantastic new living options in St. Petersburg soon!