LifeStar Residing is bringing a new rental-fashion senior local community to St. Petersburg, Fla. The developer has paid $9 million for a 5.3-acre web-site in just the city’s Skyway Marina District, wherever it will build The Manhattan, in accordance to St. Pete Increasing.
Found at 4595 34th St. S close to Boga Ciega Bay, the plot is adjacent to Route 19 and just off Interstate 275. The assets is 5 miles south of downtown St. Petersburg and is at this time occupied by a self-storage facility and an Ace Components shop.
The vacation resort-fashion, membership-centered community’s initial stage is approximated at $125 million and is slated to comprise 80 units throughout nine stories. Households will variety between 1,050 and 2,600 square ft.
The Manhattan will include things like a parking garage, alongside with significant-end facilities these kinds of as indoor and outside eating venues, outside pool, health centre and spa. The property will deliver priority obtain to health care expert services, which includes assisted living and memory treatment.
Fewer than two miles north, together 34th Road, Phillips Enhancement & Realty is building the 2nd stage of The Sur Club, comprising 296 luxury residential models and a 5-stage parking garage. The 9-acre combined-use development’s initially stage, encompassing a 100,000-sq.-foot CubeSmart self-storage creating, delivered in 2018. Section III will include two dining establishments to the site.
LifeStar Residing debuted in the summer months of 2020, co-established by elite sporting activities agent David Falk and senior housing veteran Joel Anderson, now LifeStar president & CEO.