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1233556 2038-01-18 05:00:00.0 UTC 2038-01-18T00:00:00.000-05:00 2012-06-04 14:28:09.0 UTC 2012-06-04T10:28:09.000-04:00 apartment-tower-planned-for-downtown-st-petersburg-near-publix Published 2012-06-04 14:32:29.0 UTC 2012-06-04T10:32:29.000-04:00 news/business/realestate DTI 92819042 ST. PETERSBURG — The city's busy waterfront prompted a Miami development company to consider buying vacant downtown land. But it was the activity west to Tropicana Field that persuaded executives to build 300 rental units. American Land Ventures has 2.8 acres south of Publix on Third Street S under contract and hopes to break ground on a 13-story tower before the end of the year. The company has built residential developments mostly in South Florida and also in Jacksonville since the early 1980s. It specializes in urban infill. "We look for cities that have developed their downtown and are invested in their downtown and central business district. St. Petersburg really had all those qualities," said Granvil Tracy, American Land president. "I was really impressed with the depth of the retail, dining and entertainment throughout the waterfront. Usually, everything develops nicely around the water, but that wasn't all here," he said. "Almost all the way to the stadium you still have businesses, dining and entertainment." He doesn't have a name yet for the project and declined to say what American Land is paying for it. The county values the vacant land at $2.4 million. Osprey Real Estate Services is the current owner. Osprey broker Wendy Giffin confirmed that the property is under contract with plans for multifamily housing. Rental rates and size ranges haven't been determined, but Tracy said the tower will appeal to a wide range of residents. Though there is a shortage of student housing for the nearby University of South Florida St. Petersburg, he said the property will not be marketed as a solution for that problem. "We aren't targeting that market. But we recently did a project in Plantation near Nova (Southeastern University) and we've got a number of students there,'' he said. "I wouldn't be surprised if the same thing happened in St. Petersburg." Once construction starts, the tower should take about 17 months to complete. Katherine Snow Smith can be reached at (727) 893-8785 or kssmith@tampabay.com. By Katherine Snow Smith, Times Staff Writer News,Real Estate,BUSINESS,Pinellas Apartment tower planned for downtown St. Petersburg near Publix RLEBLANCN A 13-story tower is planned on vacant land just south of Publix. NSP Neigh St Pete dhvjzrzmu2vc dhvjz 300 apartments to rise in heart of downtown st. petersburg 1 nayapts060312 300 apartments to rise in heart of downtown 2012-06-03 04:00:00.0 UTC 2012-06-03T00:00:00.000-04:00 neigh-south false templatedata/tampabaytimes/StaffArticle/data/2012/06/04/92819042-apartment-tower-planned-for-downtown-st-petersburg-near-publix StaffArticle 2012-11-18 18:07:04.0 UTC 2012-11-18T13:07:04.000-05:00 news,businessBusiness Newsnews,business,real estateReal EstateST. PETERSBURG — The city's busy waterfront prompted a Miami development company to consider buying vacant downtown land. But it was the activity west to Tropicana Field that persuaded executives to build 300 rental units.neigh-southKatherine Snow Smith 2110136 2038-01-18 05:00:00.0 UTC 2038-01-18T00:00:00.000-05:00 2013-03-20 15:45:04.0 UTC 2013-03-20T11:45:04.000-04:00 katherine-snow-smith published 2014-10-28 20:49:54.0 UTC 2014-10-28T16:49:54.000-04:00 Katherine Snow Smith <p>Katherine Snow Smith has been at the <i>Times </i>either fulltime or parttime since 1995. She started as a business reporter then spent a decade writing the Rookie Mom column with stories from her own family and advice from other average moms and the experts. She now covers business in south Pinellas County. Katherine has a degree in journalism from the University of North Carolina and is married to <i>Times</i> political editor Adam Smith. They have three children, two dogs and still feel like rookie parents much of the time.</p> Times Staff Writer writers DTI 81226348 Katherine Snow Smith has been at the Times either fulltime or parttime since 1995. She started as a business reporter then spent a decade writing the Rookie Mom column with stories from her own family and advice from other average moms and the experts. She now covers business in south Pinellas County. Katherine has a degree in journalism from the University of North Carolina and is married to Times political editor Adam Smith. They have three children, two dogs and still feel like rookie parents much of the time. <p>Phone: (727) 893-8785</p> <p>Email: <a href="mailto:kssmith@tampabay.com">kssmith@tampabay.com</a></p> 1 /resources/images/dti/2013/03/Snow_Smith_Katherine_wp_7800864.jpg true templatedata/tampabaytimes/AuthorProfile/data/81226348-katherine-snow-smith AuthorProfile 2013-03-20 15:45:04.0 UTC 2013-03-20T11:45:04.000-04:00 <span style="display:none;" class="author vcard"><span class="fn">KATHERINE SNOW SMITH</span></span><span style="display:none;" class="source-org vcard"><span class="org fn">Tampa Bay Times</span></span><a rel="item-license" href="/universal/user_agreement.shtml">&#169; 2016 Tampa Bay Times</a><br /><br />Times Staff Writer 2259916 2016-01-04 17:52:33.0 UTC 8 Months Ago new-22-story-luxury-apartment-tower-planned-for-downtown-st-petersburg news/business/realestate New 22-story luxury apartment tower planned for downtown St.&#160;Pe&#173;ters&#173;burg StaffArticle 2277114 2016-05-13 01:35:08.0 UTC 3 Months Ago downtown-st-petersburgs-newest-luxury-apartment-tower-opens-8212 news/business/realestate Downtown St. Petersburg's newest luxury apartment tower opens — thankfully with less of a bang StaffArticle 2259955 2016-01-04 21:37:37.0 UTC 8 Months Ago in-downtown-st-pete-and-tampa-residential-tower-building-sprees-accelerate news/business/realestate Trigaux: In downtown St. Pete and Tampa, residential tower building sprees accelerate StaffArticle <p><b>ST. PETERSBURG</b> — The city's busy waterfront prompted a Miami development company to consider buying vacant downtown land. But it was the activity west to Tropicana Field that persuaded executives to build 300 rental units. </p> <p>American Land Ventures has 2.8 acres south of Publix on Third Street S under contract and hopes to break ground on a 13-story tower before the end of the year.</p> <p>The company has built residential developments mostly in South Florida and also in Jacksonville since the early 1980s. It specializes in urban infill.</p> <p>&quot;We look for cities that have developed their downtown and are invested in their downtown and central business district. St. Petersburg really had all those qualities,&quot; said Granvil Tracy, American Land president.</p> <p>&quot;I was really impressed with the depth of the retail, dining and entertainment throughout the waterfront. Usually, everything develops nicely around the water, but that wasn't all here,&quot; he said. &quot;Almost all the way to the stadium you still have businesses, dining and entertainment.&quot;</p> <p>He doesn't have a name yet for the project and declined to say what American Land is paying for it. The county values the vacant land at $2.4 million.</p> <p>Osprey Real Estate Services is the current owner. Osprey broker Wendy Giffin confirmed that the property is under contract with plans for multifamily housing.</p> <p>Rental rates and size ranges haven't been determined, but Tracy said the tower will appeal to a wide range of residents.</p> <p>Though there is a shortage of student housing for the nearby University of South Florida St. Petersburg, he said the property will not be marketed as a solution for that problem. </p> <p>&quot;We aren't targeting that market. But we recently did a project in Plantation near Nova (Southeastern University) and we've got a number of students there,'' he said. &quot;I wouldn't be surprised if the same thing happened in St. Petersburg.&quot;</p> <p>Once construction starts, the tower should take about 17 months to complete.</p> <p><i>Katherine Snow Smith can be reached </i> <i>at (727) 893-8785 or kssmith@tampabay.com.</i></p>trueruntime2016-08-30 05:45:48