The largest residential development project since The Quarter may soon be underway. The Framework Group LLC has filed documents seeking approval of a 234 apartment complex on what is currently city owned land; city council has already agreed to the sale of the land to Framework.
Development throughout the area has grown steadily, but a project like this could inject hundreds of residents into the area at once, moving it closer to the more urbanized type of area that many young residents are looking for.
From renderings the building appears to be a 4 story complex with courtyard, and its location on 12th Avenue would make it easy walking distance to the HCC Ybor Campus as well as the shops, restaurants, and entertainment of 7th and 8th Avenues.
St. Petersburg Condo Project: The Salvador
The Salvador is a new luxury condo inspired by Salvador Dali. The building will be 13 floors tall with 72 units. It’ll feature a heated saltwater pool, concierge, spa, and fire pit. The Salvador will be located at 2nd Street and 5th Avenue South. Its address will be on Dali Boulevard.
The building will include one- and two-bedroom residences ranging from 964 to 1810 square feet, as well as two penthouses of more than 2,500 square feet.
The developer expects to break ground mid-February, if certain benchmarks are met. One of the benchmarks needed is a 35% pre-sale. Pre-Construction prices for The Salvador start at $365,000.
Contact a Pineywoods agent today to see the different floor plans offered.