20-story apartment building Modera St. Petersburg tops out in downtown St. Pete

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Modera ST. Petersburg, a 383-unit apartment tower, recently topped out at 201 17th Street South in downtown St. pete | St Pete Rising

A milestone has been reached on a new mixed-use apartment building under construction in downtown St. Petersburg.

Modera St. Petersburg, a 20-story apartment building being developed by Mill Creek Residential, has topped out. A topping out ceremony, whether official or informal, typically celebrates the time the last structural beam is put into place.

The building has reached a height of 206 feet and will feature 383 rental units and 14,000 square feet of ground-floor retail and restaurant space.

The development is located adjacent to Tropicana Field at 201 17th Street South at the intersection of Grand Central District, EDGE District, and Warehouse Arts District.

A 3D model of Modera St. Petersburg from the Northeast

Modera St. Petersburg will offer one-, two- and three-bedroom homes with den layouts and penthouses. The community will have a sixth-floor rooftop pool as well as a rooftop deck on the 20th floor. The ground-floor retail space will front the Pinellas Trail.

Mill Creek first announced Modera St. Petersburg in March 2021 and, after receiving approval in June 2021, purchased the site for $10.3 million from Miami-based Tricera Capital in a transaction that closed November 2021.

Construction on the development began in April 2022 with the demolition of the warehouses that previously occupied the site. 

Modera St. Petersburg as seen from the Pinellas Trail | St Pete Rising

The project consists of three connected structures including a 20-story residential tower, an 8-story mid-rise building, and an adjacent 475-space parking garage which will include electric vehicle charging station.

Modera St. Petersburg is Mill Creek Residential’s second project in downtown St. Petersburg after developing Modera Prime 235, now known as Cottonwood Bayview, in 2014.

First move-ins for Modera St. Petersburg are expected in late 2023.