New downtown St. Pete condo planned for 4th Avenue NE
DDA Development has pulled together a team to work on a luxury condo project at 126 4th Ave. NE in downtown St. Petersburg.
The project, called The Nolen, will have 31 units in a 23-story structure, a spokeswoman for DDA confirmed. It will be 288 feet tall, with 1,260 square feet of ground floor retail space and 63 parking spaces, as well as 33 bicycle spaces, on the lower three stories. Prices for the condo units are expected to begin at over $1 million.
The project team also includes Backstreets Capital, Place Architecture and Kippen Communications, all based in St. Pete, as well as Smith & Associates Real Estate.
“The Nolen will offer a new level of sophistication to the burgeoning luxury condo market in St. Petersburg. We have put together a dynamic team to bring this project to life and look forward to The Nolen becoming a part of the downtown community,” a statement from the project team said.
The Bay Gables home at 136 4th Ave. NE
The Nolen will be on the same site where JMC Communities previously planned The Perry, a 12-story, 20-unit boutique condominium. JMC had agreed to move the Bay Gables house, an historic structure currently on the site, to the corner of 8th Ave. N. and Dartmoor Street. The city’s Community Planning & Preservation Commission approved that plan in October 2019.
DDA, based in Tampa, has two other projects underway in St. Petersburg. It’s working with Backstreets Capital on Sixty90, an apartment development at 6090 Central Ave. that will have 204 units, with 90 percent of them designed as workforce housing.
DDA also is part of the team developing Orange Station at the Edge, the mixed-use project at the site of the old St. Petersburg Police headquarters.
DDA previously developed The Salvador and Campbell Landings in St. Petersburg as well as several Tampa projects.
Sandy Glunz
June 30, 2021at8:13 am
Sad to see St. Petersburg selling out to the developers at the cost of losing the charm that made SP so appealing.
How many condos do we need? We need infrastructure and safe drinking water. Preserve the Burg!
Hopefully our new Mayor will bring some balance before it is too late.
Ms. Moore
May 10, 2021at4:57 am
This is good news to a certain extent because it will create jobs for someone, as well as accommodate housing for all the people that are moving here but are they affordable? Who can pay 1200.00 for rent for a 1 bedroom and please tell me where I can find a job making at least 20.00 dollars an hour to be able to afford to live in some of these overpriced. apartments and condos. I know it’s about making a profit but at the same time, more and more families with children will become homeless, more crime and more deaths.
What about the people that have one income; I don’t gross 59k a year, that’s about how much is needed to live in St. Petersburg.
Neverne Covington
April 25, 2021at7:46 am
The blue sky And clouds capes I once saw from my 97 year old bungalow in the National Historic District will be interrupted and obscured by this already dated looking atrocity I am sorry to say. We do not have the infrastructure to support this.
The only motivation I can imagine for this is greed.