Black Salmon, a commercial real estate firm, and LD&D, a development/design firm, have partnered together on a new venture in St. Petersburg, FL. The duo recently purchased a 0.77-acre site for $9.05 million.
Developers have surpassed a key milestone regarding the Marina Club Apartments. The multi-family development will offer 400 Class A units in an eight-story building.
Ellison Construction recently announced a significant milestone in the construction of The Nolen, one of the newest condominium towers in downtown St. Petersburg. The project has topped out, marking the completion of its highest structural point. The 23-story condo tower at 126 4th Avenue Northeast is a joint venture between Tampa-based DDA Development and St. Pete-based Backstreets Capital. Spearheaded by Bowen Arnold and John Schilling of DDA Development and Will Conroy of Backstreets Capital, this project is a notable addition to St. Petersburg’s skyline.
Washington-based Gravel Road Partners is moving forward with Bayou Court Apartments, a workforce housing/affordable housing development in South St. Petersburg.
WSLD St. Petersburg, LLC, affiliated with LeCesse Development (LeCesse), has proposed a new residential tower designed in a modern contemporary architectural style by Tampa-based Baker Barrios at the quiet intersection of 2nd Avenue North and 18th Street in downtown St. Petersburg. This $72.9 million project by LeCesse, a firm with a substantial multifamily property development background, boasts over $3.5 billion in developed income-producing real estate.
