Artist's rendition of the new residential tower near USF, featuring modern architecture and community amenities.
St. Petersburg’s City Council has approved plans for a new 21-story residential tower near the University of South Florida St. Petersburg. With 213 units and a mix of commercial space, the building aims to address the housing shortage in the Innovation District while bringing modern amenities. Construction is set to begin in early 2026, transforming the local skyline and supporting students and healthcare workers in the community. Despite the demolition of a historic building, the project is viewed as a necessary step towards urban renewal.
St. Petersburg is buzzing with excitement after the City Council gave the thumbs up for a brand-new 21-story residential tower that’s set to rise near the University of South Florida St. Petersburg. On February 24, 2025, council members unanimously approved the site plan, paving the way for this significant change in the area’s skyline and community. Get ready, St. Pete!
The upcoming tower, led by Stadler Development, is more than just a pretty face in the neighborhood. It’s going to offer a total of 213 residential units, which will help fill a critical need for housing in the bustling Innovation District. The building will span a height of 245 feet and cover a substantial 318,683 square feet of total floor area. And it will also include 2,250 square feet of commercial space, providing a place for potential shops or cafes to sprout up.
While many are excited about the new residential opportunities, the project does come with a bittersweet note. The development plan includes the demolition of a 106-year-old building currently on the site. Though some council members shared their disappointment over losing this historic structure, the proposal aligns with the city’s Intown Redevelopment Plan, aimed at revitalizing the area.
This new tower is perfectly located near USF, and it’s especially going to benefit students and healthcare professionals who work in the nearby medical facilities. With the increasing demand for housing in St. Petersburg, this residential tower is expected to serve as a welcoming home for many.
One of the concerns in urban living is always parking, but the new residential tower is well-equipped to handle that. It will include a 230-space parking garage to make sure residents have a spot for their wheels. And let’s not forget about the amenities! The ground floor will welcome you with commercial space and a residential lobby that will serve as the tower’s social hub.
For those who enjoy the outdoors, the building will feature outdoor terraces and amenity areas located on the 7th and 21st floors, offering stunning views of St. Petersburg and the surrounding areas. Plus, expect pedestrian-friendly features like wide sidewalks, street trees, and bicycle parking, making it a lively yet walkable neighborhood.
So when can you expect to see this towering addition to the skyline? Construction is anticipated to break ground in the first quarter of 2026. It’ll definitely be a project to keep an eye on as it shapes the future of downtown St. Petersburg.
The site is part of the Downtown Center-2 district regulations, which means it has been zoned for high-density development. As St. Petersburg continues to grow and evolve, projects like this one demonstrate a commitment to providing ample housing options while enhancing the overall landscape of the community.
As we look forward to the unfolding of this exciting development, it’s clear that St. Petersburg is on its way to becoming an even more vibrant and dynamic city. Whether you’re a student, a healthcare worker, or just someone who appreciates great architecture, this new residential tower is bound to shake things up in the best way possible. Stay tuned, everyone!
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