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2/11/08
Dedication Grand Opening Ceremony
On February 6, 2008, Jerry
Shaw, President of Opus South along with Mayor Rick Baker and invited
guests, dedicated 400 Beach Drive, an elegant 29-story condominium offering
93 spacious residences, at its grand opening ceremony.
400 Beach Drive, located at the
corner of Beach Drive and 4th Avenue North, creates a dramatic
renaissance of luxurious urban living. The development features retail and
restaurant space on the street-level, creating a lively destination and
sophisticated ambiance along St. Petersburg’s signature boulevard.
 Jerry Shaw reminisced
about the development’s beginnings just five years ago and stated,
“Opus South is proud to complete its second project along St. Petersburg’s premier downtown location. 400 Beach offers a cohesive,
pedestrian-friendly atmosphere, with outdoor sidewalk cafes and magnificent
views. It has been a true pleasure of ours to work with the city’s
very professional staff and council members.”
By the end of this
month, 70% of the contracted residents will have closed on their property
and begin living in a vibrant, urban downtown environment. Residents span
young professionals to empty-nesters with a common denominator of living a
dynamic lifestyle. 400 Beach Drive practically sold out its 93 units within
five months of groundbreaking in 2005 and currently only three units remain
available for purchase. In fact, currently only 100 new residential
units are available downtown, this indicates the strength of the
city’s urban living market. St. Petersburg’s magnetism consists
of 85 restaurants within walking distance, numerous public facilities from
marinas and art museums, to its picturesque waterfront parks.
Mayor Rick Baker
expressed “It’s another great day in St. Petersburg and it is a
pleasure to usher in the city’s next phase of our incredible
renaissance - urban living.”
The city’s
retail palette gains depth as 400 Beach Drive welcomes distinct new
offerings to the 23,500 square foot ground floor retail area. Sir Robert
Irvine, star chef of The Food Network, will be opening Ooze ‘n Schmooze, a world-class
restaurant concept, in Spring 2008. Robert’s premier clientele list
includes: the Queen of England, President Bush’s Inaugural Ball, and
the Oscars. The restaurant will include an on-site production studio for
The Food Network and video streaming to air worldwide. CoCo Brazil a premier women’s clothing
retailer and Sebastian Cole’s European Signature Fashion men’s
apparel retailer are looking forward to opening by Summer 2008. Within two
weeks additional tenants are expected to be announced with retail space
expected to reach 86% occupancy.
Jamie Bennett, City
Council Chairman stated, “Quality has arrived in downtown St. Petersburg. The development captures everything the community asked for and more with
public art infused into its masterful design.”
To learn more about
400 Beach Drive, its luxurious urban living offerings and elegant setting
within one of the nation’s most livable downtowns, visit www.400beachdrive.com.
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