36-unit condo building coming to 3rd Street in downtown St. Pete
/Local real estate firm NJR Investment and Development Company has revised plans for its latest St. Pete project - more than doubling the number of residential units.
The team has filed plans for Aerie on 3rd, a 36-unit condo building that will rise at 357 3rd Street South, across from Camden Pier District.
NJR previously planned to build a 15-unit townhome community dubbed Claridge Lane Townhomes on the 0.34-acre lot.
“We think the market can support a condo project with 36 units in a five-story building,” CEO Neil J. Rauenhorst said to St. Pete Rising. “We see continued strong demand for condos in several downtown high-profile buildings.”
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