Gallery 3100, a 122-unit apartment building, breaks ground in the Grand Central District – St. Pete Rising

Gallery 3100 will join Elements on Third, located just two blocks north, which broke ground a few months ago on the third phase of their community. Elements on Third is being developed by Altis Cardinal at 3100 3rd Avenue North, three blocks north of Gallery 3100, and is in the process of converting existing office buildings into lofts. The adaptive reuse project will be complimented by new buildings for a total of 432 units.

Soil remediation and core sampling at Gallery 3100 is in process with concrete foundation work expected to begin in June. The first units at the property should be ready in late-Spring 2021.

Financing for the project was provided by Synovus Bank via a $16.1 million loan and was arranged by Matt Williams and James Maynard of Newmark Knight and Frank. Baker Barrios is serving as the architectural design firm for the project. And once completed, Incore Residential will be handling the leasing and management of the property.

For more information on Gallery 3100, visit their website.

See more here:
Gallery 3100, a 122-unit apartment building, breaks ground in the Grand Central District - St. Pete Rising