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Luxury apartments coming to Pinellas Park's Gateway Centre

PINELLAS PARK — City Council members unanimously approved a zoning change Thursday that clears the way for the construction of an upscale apartment complex in the Gateway Centre.

The 432-unit complex will be built on 38.97 acres owned by Hardy Huntley's Gateway LLC. The site is in the Pinellas Park portion of the Gateway Centre on the southwest corner of Gateway Centre Boulevard and Gateway Centre Parkway. It is adjacent to the Sunset Palms Mobile Home Park, Dew Cadillac and land on which a Wawa gas and convenience store will be built.

The complex will have a 7,760-square-foot clubhouse, a sand volleyball court, tennis courts, swimming pool and tot lot in addition to 18 three-story buildings that will house the apartments. Those include 168 one-bedroom units with about 600 square feet, 168 two-bedroom units with about 750 square feet, 72 three-bedroom and 24 four-bedroom units. The three- and four-bedroom apartments will be about 900 square feet each.

The development will have 873 parking spaces. Of those, 54 will be freestanding garages and 19 will be marked handicapped.

The complex, called Douglas Grand Gateway, will be owned and built by Douglas Partners of Winter Park. The company also has a Longboat Key office.

The Douglas Partners website says the company has participated in the planning, entitlement, development and/or construction of more than 12,000 multifamily units, ranging from garden style apartments and townhomes with attached garages to a 15-story high-rise development. Douglas has recently completed or is completing more than 4,000 multifamily projects in Florida with a total value of about $500 million.

The company says it has never had a project go bust.

Among the company's holdings are Douglas Grand at MetroWest, a $70 million, 398-unit complex in Orlando. The architecture has a Mediterranean theme. Another of the company's holdings is Douglas Grand Sarasota, a $47 million, 240-unit complex with garden apartments.

The company also has the Douglas Grand at Winter Park, a $55 million development in the downtown area with 42 residential units as well as commercial and office spaces.

Construction on the Pinellas Park project is expected to begin early next year.

Huntley, best known as the owner of the Wagon Wheel Flea Market, bought about 185 acres of the Gateway Centre in 2009 after lenders took it back from developer Grady Pridgen.

Huntley's parcel was a major chunk of a more than 700-acre industrial and business park that was laid out and outfitted with roads and utilities in the late 1980s by Lomas & Nettleton, a Texas mortgage giant that went out of business.

Original plans for the Gateway Centre included no residential developments. That made it necessary for the Pinellas Park council to change the zoning to allow the apartments to be built.

Reach Anne Lindberg at [email protected] or (727) 893-8450.

Luxury apartments coming to Pinellas Park's Gateway Centre 10/29/11 [Last modified: Friday, October 28, 2011 3:41pm]
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