Snell Isle Apartments May Add Boat Slips

The Laramar Group will ask a St. Petersburg development review commission Aug. 5 for permission to build 50 slips along Smacks Bayou that could rent out to residents.

The Chicago property management company that bought the 272-unit Snell Isle Luxury Waterfront Apartment Homes in 2007 for nearly $30 million. The boat slips would be the last phase of a two-year restoration. The complex was deserted when it was purchased, and 18 months later is at 100% occupancy.