Greystar pushes ahead with 36-story apartment tower

Development in St. Petersburg proceeds despite a wave of new multifamily rental inventory in recent years.

  • By Kevin McQuaid
  • | 6:00 a.m. March 5, 2021
  • | 0 Free Articles Remaining!
COURTESY RENDERING — American Land Ventures of Miami is building Vibe, a 22-story apartment tower with 220 units, in St. Petersburg.
COURTESY RENDERING — American Land Ventures of Miami is building Vibe, a 22-story apartment tower with 220 units, in St. Petersburg.
  • Commercial Real Estate
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St. Petersburg has experienced a raft of new apartment development in recent years, which has added thousands of new units to the city’s multifamily rental inventory.

But those additions haven’t kept Greystar Real Estate Partners from surging ahead with construction of a 36-story tower in the heart of the city’s downtown.

 

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