A Clearwater-based developer has received approval to build a new 29-story residential tower in downtown St. Petersburg.
Valor Capital plans to construct a 165-unit condominium tower on the northeast corner of 4th Street South and 4th Avenue South, just two blocks from the Publix-anchored University Village retail plaza.
At a Development Review Commission meeting on Wednesday, commissioners unanimously approved a building height bonus and floor area ratio (FAR) bonuses for the project, known as the Roche Bobois Residences. The condominium building is branded in partnership with the luxury French furniture company Roche Bobois…