A South Florida company has started work on a 218-unit apartment building in St. Petersburg’s increasingly vibrant Edge District.
The five-story Bainbridge 930 Central Flats on Central Avenue will have studio, one- and two-bedroom apartments renting for about $1,160 to $2,500 a month. They will be in the heart of a once-tired area on the fringe of downtown that is being transformed by new bars, shops and restaurants.
They also will be near Tropicana Field, the recently relocated Chihuly Collection and a Publix that is under construction.
“We like to target millennials and young professionals, and they have a tendency nowadays to want to live in locations where they can just walk out their door and go to all of the entertainment venues,” Bob Thollander, vice president of development for the Florida region of Bainbridge Cos., said Friday.