Echelon City Center, the mixed-used development at Carillon Office Park, is about to get another apartment option.
Work is beginning on WaterView at Echelon City Center, a 15-story building with 226 rental apartments, 13,400 square feet of ground floor retail and structured parking. The first residential units will be on the 7th floor, 75 feet above ground, and most of the units will have water views of Tampa Bay, as well as the St. Pete-Clearwater International Airport, Tampa International Airport and downtown St. Petersburg, said Steve Kurcan, vice president of development of Echelon LLC.
Echelon, a St. Petersburg-based real estate company, is partnering on the project with Tampa investment advisory firm Third Lake Partners LLC.
“WaterView is a unique development that we feel will be transformational for the St. Petersburg Gateway area and Carillon Park. We believe that cutting-edge, modern communities like WaterView will not only provide outstanding living accommodations but offer a luxury lifestyle with world class amenities that encompass the way people want to live today,” Ken Jones, chairman and CEO of Third Lake, said in a press release.
The one-, two- and three-bedroom apartments will rent for market rate, Kurcan said.
Echelon City Center is a 20.5 acre development initially unveiled in 2015. When completed, it’s expected to have hundreds of thousands of square feet of office and retail space, as well as a 120-key hotel and residential units. Echelon earlier developed the Back Bay at Carillon townhomes, while AG Spanos Companies is developing Grove Isle at Echelon City Center, with 298 luxury apartments.
A Topgolf entertainment center is planned across the street from Grove Isle. WaterView is a short distance north, directly behind a Publix grocery store.
“What we are trying to accomplish with Echelon City Center is turn the park into a more live-work-play concept,” Kurcan said.
Carillon is home to some of the largest employers in the Tampa-St. Pete area. About 18,000 people work in the office park, and there are 94,000 people within four miles of Carillon.
Kurcan declined to disclose development costs for WaterView. ARC3 Architects and KAST Construction are working on the project, and Synovus Bank is financing it.
“With such prestigious neighbors as Grove Isle, Publix, and the who’s who of businesses within Carillon Park, we are excited to get a shovel in the ground,” said Darryl LeClair, chairman of Echelon.
A ceremonial groundbreaking is planned for Sept. 9, although there’s already construction equipment on site.