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Mixed-use, 39-acre development planned along Gandy Boulevard - St Pete Catalyst

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A multifamily and mixed-use development off of Gandy Boulevard is in the works. 

The project, dubbed “Snug Harbor,” is a planned development in St. Petersburg consisting of residential units, a restaurant, and the construction of a marina. 

The project site combines five parcels that total roughly 39 acres at the southeast corner of Gandy Boulevard and Snug Harbor Road. The parcels are currently owned by Gandy Harbor II LLC and are vacant commercial properties, according to county records. 

An image showing where the project will be located. SWFWMD documents.

Key International Management LLC is listed as the applicant. The Miami-based firm real estate firm has developed over 10 million square feet of residential units and has a $1.5 billion hotel portfolio. The group developed the dual-branded Residence Inn and  SpringHill Suites hotel in Clearwater Beach, which recently sold.  

“This [project] is in the early planning process, our priority is to gain an understanding of the community’s needs and how we can thoughtfully contribute to the local fabric,” said Colin Gorsuch, Vice President of Development for Key International. “We look forward to working closely with the area and delivering a project that enhances the location.”

The site plans for the parcels reveal a closer look at the development. The multiple townhome buildings will have six units each along Monaco Drive and Snug Harbor Road and would be built around a pond. The plan shows at least 10 townhome buildings at the site. 

A partial image of the overall site plans. SWFWMD documents.

There would be multiple multifamily buildings, one of which would have 120 units. In total, the site plans revealed 320 units, which does not include the townhomes. There would also be a clubhouse, leasing office and an amenity center that appears to have a dock that residents can use as a kayak launch site.  

The project also calls for an 8,400-square-foot waterfront restaurant and 169 slips for the dry boat slips, as well as 101 wet slips. 

The project team includes engineering consultant North Carolina-based Kimley-Horn and Associates Inc., South Florida-based MSA Architects, Tampa-based surveyor MRIC Spatial, and Fort Lauderdale-based Architectural Alliance Landscape as the landscape architect. 

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