Site Work Begins on $125M Mixed-Use Project Steps from Tropicana Field
Demolition is imminent at the future site of Gallery Haus, a $125 million mixed-use multifamily project in downtown St. Petersburg led by Black Salmon and LD&D, with LD&D’s partner IGEQ participating in the venture. The milestone follows the closing of a $6 million site-work loan with Osprey Capital, and KAST Construction appointed as general contractor for the 23-story development.
Located at 155 17th Street South in St. Petersburg’s downtown corridor, Gallery Haus will deliver 254 residences, more than 10,000 square feet of amenities and coworking space and a fitness facility facing the Pinellas Trail, as well as a coffee shop integrated to the lobby as part of the ground-floor retail.
The site sits steps from Tropicana Field, where a newly proposed $6.8 billion plan by Ellison Development, ARK Invest and Horus Construction aims to transform the Historic Gas Plant District into an economic and cultural hub.
Other News
Queens’ Tallest Tower Reaches 90% Leased, Adds First Retail Tenants
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
Learn more
80-Unit Seniors Housing Development Opens in Suburban Chicago
Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
Learn more
312-Unit Multifamily in Indiana Changes Hands
Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout