This is a reminder for a presentation happening to-night at the Sunshine Center about the project described in the St Pete Times .
Following article by SHARON L. BOND
?¿½ St. Petersburg Times,
published September 11, 2001
--------------------------------------------------------------------------------
ST. PETERSBURG -- A developer is set to build a $70-million high-rise complex near the downtown waterfront, the fourth such project in four years.
The Villas at St. Petersburg would have twin 20-story residential towers, each with 100 apartments, along the 400 block of Beach Drive N.
The towers would sit on top of a 620-space parking garage that is the equivalent of three stories high.
Facing Beach Drive and across a courtyard from the residential towers will be a three-story commercial building that will have shops, restaurants, galleries and a health club. An open-air fourth floor will have two swimming pools plus a lap pool, a clubhouse, gazebos and landscaping.
These are the plans of Paul Morris, who owns Morris Development Group. He moved to St. Petersburg from Los Angeles in January. A native of Atlanta, Morris, 53, said he visited St. Petersburg when he was a child.
He negotiated a 99-year lease with the John M. Hamilton family. The lease becomes effective Oct. 5. The Hamiltons have owned the 400 block of Beach Drive for 40 years. Courtnay Hamilton, a son of John M. Hamilton, confirmed the deal.
''The project will start going vertical in March,'' Morris said. ''That is not an ''if.' ''
At $70-million, the Villas ''is a huge deal,'' said Kevin Dunn, managing director of development coordination for the city. ''I don't think we have had anything come close to that. It's a monumental project.''
Demolition of five buildings on the 400 block of Beach Drive will begin in December, Morris said. All but two of the nine businesses there have moved.
Dunn said Morris met with city officials several times to discuss the project but had not submitted formal plans. The city will have to approve the project before demolition or construction begins. That process starts before the Environmental Development Commission early next month.
Because of the sensitive issue of tall buildings going up near the waterfront, Dunn said, city officials urged Morris to talk up his project to nearby neighborhoods and to residents of the Presbyterian Towers.
Morris has done that over the past few weeks. He meets with the North Shore Neighborhood Association tonight. The Villas will have one- two- and three-bedroom apartments. Rental prices won't be set for another 18 months. But Morris said his rates probably would be close to what ZOM Development Inc. of Orlando will charge when its luxury rental project called the Madison is finished. The Madison is on the southern edge of downtown. Its first phase contains 277 units, and plans for the second phase call for 250 more. Rents will range from $750 for a small one-bedroom apartment to $1,715 for a three-bedroom unit.
continuation on the next discussion.
Following article by SHARON L. BOND
?¿½ St. Petersburg Times,
published September 11, 2001
--------------------------------------------------------------------------------
ST. PETERSBURG -- A developer is set to build a $70-million high-rise complex near the downtown waterfront, the fourth such project in four years.
The Villas at St. Petersburg would have twin 20-story residential towers, each with 100 apartments, along the 400 block of Beach Drive N.
The towers would sit on top of a 620-space parking garage that is the equivalent of three stories high.
Facing Beach Drive and across a courtyard from the residential towers will be a three-story commercial building that will have shops, restaurants, galleries and a health club. An open-air fourth floor will have two swimming pools plus a lap pool, a clubhouse, gazebos and landscaping.
These are the plans of Paul Morris, who owns Morris Development Group. He moved to St. Petersburg from Los Angeles in January. A native of Atlanta, Morris, 53, said he visited St. Petersburg when he was a child.
He negotiated a 99-year lease with the John M. Hamilton family. The lease becomes effective Oct. 5. The Hamiltons have owned the 400 block of Beach Drive for 40 years. Courtnay Hamilton, a son of John M. Hamilton, confirmed the deal.
''The project will start going vertical in March,'' Morris said. ''That is not an ''if.' ''
At $70-million, the Villas ''is a huge deal,'' said Kevin Dunn, managing director of development coordination for the city. ''I don't think we have had anything come close to that. It's a monumental project.''
Demolition of five buildings on the 400 block of Beach Drive will begin in December, Morris said. All but two of the nine businesses there have moved.
Dunn said Morris met with city officials several times to discuss the project but had not submitted formal plans. The city will have to approve the project before demolition or construction begins. That process starts before the Environmental Development Commission early next month.
Because of the sensitive issue of tall buildings going up near the waterfront, Dunn said, city officials urged Morris to talk up his project to nearby neighborhoods and to residents of the Presbyterian Towers.
Morris has done that over the past few weeks. He meets with the North Shore Neighborhood Association tonight. The Villas will have one- two- and three-bedroom apartments. Rental prices won't be set for another 18 months. But Morris said his rates probably would be close to what ZOM Development Inc. of Orlando will charge when its luxury rental project called the Madison is finished. The Madison is on the southern edge of downtown. Its first phase contains 277 units, and plans for the second phase call for 250 more. Rents will range from $750 for a small one-bedroom apartment to $1,715 for a three-bedroom unit.
continuation on the next discussion.