18-Story Expansion Proposed For Camden Pier District Apartments In Downtown St. Petersburg
Texas-based Camden Property Trust is planning to redevelop a corner parcel of land adjacent to their Camden Pier District Apartments, previously known as AER Luxury Apartments, and expand the development with an 18-story residential tower at 201 4th Avenue South in the Waterfront Arts District in Downtown St. Petersburg. The developer recently purchased the 0.23-acre piece of property for $2.1 million, which is currently improved with a small medical office and a single family home. Both structures will be demolished to make way for the new tower which is planned to yield 95 additional apartments and rise approximately 200-feet.