Lee said the area reminded the team of Chicago’s Fulton Market district, a neighborhood known for its walkability, restaurants, apartments, and active street life.
That pedestrian-friendly environment, coupled with the city’s growing concentration of employers, helped convince the team to invest in St. Petersburg.
About 75% of the apartments at the new tower will be one-bedroom units, with the remaining 25% consisting of two-bedroom residences.
“In designing the building, we wanted to do something atypical and lean more toward smaller units because we expect to cater to a demographic that includes young professionals,” Lee said.
An amenity deck above the parking podium will feature a resort-style pool deck and additional resident amenities, while the tower’s centerpiece will be a double-height Sky Lounge on the 24th floor.
The indoor-outdoor space will offer panoramic views of downtown St. Pete and Tampa Bay and can be reserved by residents for private gatherings and events.