Developer proposes $134 million tower in historic district

A local developer plans to demolish seven structures in the Downtown St. Petersburg National Register Historic District to build a 21-story luxury apartment tower.

If approved, the $134 million mixed-use development would feature 370 residential units, 3,819 square feet of ground-floor retail space and a 485-space parking garage. Stadler Development is under contract to purchase the 1.3-acre site along 4th Street, 5th Avenue and 5th Street North from Michael Andoniades, who owns the Hollander Hotel and several other buildings near the property.

City documents state that Stadler hopes to redevelop 10 parcels housing seven multi-family buildings ranging in age from 105 to 95 years old. Officials consider the structures as contributing resources to the surrounding historic district…

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