SITE PLAN APPROVED!
St. Pete-based HP Capital Group and Chicago-based Tandem Partners filed plans for a 19-story residential building at 1641 and 1659 1st Avenue North in downtown St. Pete. Yesterday, those plans were approved by the city of St. Petersburg’s Development Review Committee!
The apartments will stand in a 19-story building with 224 units. The building will include parking on the first through fourth floors with a total of 256 parking spaces and 236 bicycle spaces.
Floors 5-18 will house the residential units while most amenities will be enjoyed on the rooftop. Tampa-based BDG Architects designed the building.
"We are very proud of our beautiful downtown community and are excited to be part of its development,” says Fred Hemmer, Principal at HP Capital Group. “We think this building has been designed to fit the growing needs of the Tropicana Field area and will complement the other adjacent developments.”
Next up, HP Capital is looking forward to going before the Pinellas County Commission on May 10th, 2022 in order to secure $5.6 million in funding for Fairfield Apartments, an affordable and workforce housing development.