ST. PETERSBURG, Fla. — One of downtown St. Petersburg’s largest planned residential developments has reached another key milestone as permits move forward for Echelon’s proposed twin-tower apartment project on the former UPC Insurance headquarters site.
The mixed-use development, planned for approximately 3 acres at 800 2nd Avenue South, will transform a prominent downtown property into a high-density residential destination featuring two 31-story towers, hundreds of apartments, ground-floor retail space, and extensive resident amenities. The latest permit activity signals continued progress toward construction as developers work through the final stages of approvals.
The project is being developed through a partnership between St. Petersburg-based Echelon and Tampa investment firm Third Lake Partners. Plans call for approximately 824 market-rate apartment units and more than 35,000 square feet of retail and commercial space designed to activate the surrounding streetscape. Once completed, the development will rank among the largest residential projects ever built in downtown St. Petersburg…