1641 1st Avenue North

Last Wednesday, St. Pete’s Development Review Commission unanimously approved a 19-story apartment tower at 1641 and 1659 1st Avenue North in downtown St. Pete.

The project, which was first proposed in January, will feature 244-units along with a 256-space parking garage. St. Pete-based HP Capital Group and Chicago-based Tandem Partners are the developers.

HP Capital is the team behind Reflection, a 18-story condo tower under construction at 300 8th Street North, and a 264-unit affordable housing development proposed for Fairfield Avenue near the Warehouse Arts District.

The approved building on 1st Avenue North will include parking on the first through fourth floors with a total of 256 parking spaces, exceeding the 154 spaces required. 244 bicycle parking spaces will also be available.

A new apartment project just west of St. Petersburg’s growing EDGE District could bring hundreds of new residents to the area.

St. Pete-based HP Capital Group and Chicago-based Tandem Partners have filed plans for a 19-story residential building at 1641 and 1659 1st Avenue North in downtown St. Pete.

The 0.73-acre site was assembled by HP Capital Group, who is also developing the 18-story Reflection condominium tower at 300 8th Street North, in a series of transactions in late 2020 and early 2021 that totaled $4.2 million.