Proposed $134 million St. Pete tower hits height hurdles

Plans to demolish seven structures within the Downtown St. Petersburg National Register Historic District to build a 21-story, $134 million luxury apartment tower will have to wait till November.

However, the Development Review Commission’s concerns focused more on the proposed building’s height and compatibility with the surrounding neighborhood. Attorney Don Mastry, who represents Stadler Development, agreed to defer Wednesday’s vote rather than face a potential denial.

The St. Petersburg-based development firm proposed a 370-unit tower with 3,819 square feet of ground-floor retail area and a 485-space parking garage on a 1.3-acre site bordered by 5th Avenue and 4th and 5th Street North. The 10 parcels currently feature seven occupied multi-family buildings ranging in age from 105 to 95 years old…

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