Development Land | Downtown Core

357 3rd St S presents a compelling development opportunity in the heart of Downtown St.​ Petersburg.​ The site offers immediate access to the city’s vibrant downtown core, surrounded by acclaimed restaurants, cafés, entertainment, waterfront parks, cultural attractions.​ .​The surrounding area is experiencing significant investment and transformation of luxury residential developments such as Roche Bobois and Waldorf Astoria sites.​357 3rd St S presents a compelling development opportunity in the heart of Downtown St.​ Petersburg.​ The site offers immediate access to the city’s vibrant downtown core, surrounded by acclaimed restaurants, cafés, entertainment, waterfront parks, cultural attractions.​ .​The surrounding area is experiencing significant investment and transformation of luxury residential developments such as Roche Bobois and Waldorf Astoria sites.​ ​DC-2 zoning: Designed for intense residential development or hospitality while allowing complementary retail, office and other supporting uses.​ ​Up to 7.0 FAR: DC-2 provides a 3.0 base FAR, with the potential to reach 7.0 FAR through applicable bonuses/approvals.​ ​Approximately 105,000 SF at 7.0 FAR: Based on the approximately 15,000-SF parcel, 7.0 FAR equates to roughly 105,000 SF of gross floor area before accounting for exclusions, design requirements, parking and other applicable regulations.​ ​Residential-forward zoning: DC-2 specifically emphasizes multifamily residential development, making the site well suited for hotel/hospitality, condominiums, apartments or other multifamily concepts.​ ​Mixed-use flexibility: Supporting retail, restaurants, services and office uses can be incorporated into qualifying projects.​ idential development or hospitality while allowing complementary retail, office and other supporting uses.​