Plans have been altered for a 23-story apartment building that was proposed in 2022 for 17th Street South in downtown St. Pete.

In late December, Miami-based commercial real estate investment firms Black Salmon and LD&D purchased the property at 155 17th Street South in a roughly $9 million deal from Apogee Real Estate Partners, a St. Pete-based real estate firm led by John Barkett and John Stadler.

The South Florida joint venture also assumed a $5.12 million mortgage loan from Apogee.

The purchase follows the city's recent streamlined approval of minor modifications to the 0.77-acre site which increased the project’s unit count from 204 to 260, decreased the retail space from 6,000 square feet to 4,961 square feet, and decreased the number of parking spaces from 300 to 260. The project’s height of 299 feet and FAR of 7.0 remains unchanged.

Stadler and Barkett, who were initially planning to develop the property themselves, previously said the mixed-use project would activate the Pinellas Trail, offering unique housing, amenities, and retail that is true Transit Oriented Development (TOD) similar to what has been created along Atlanta’s Beltline. 

The new $115 million development, now named Gallery Haus, will include retail along the Pinellas Trail, a coffee shop fronting 17th Street, and a 10,000-square-foot amenity deck on the sixth floor with a pool, coworking space, and a gym.

Construction is expected to commence in the fourth quarter of this year.