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2/27/06 St. Petersburg Developments Shine in Spotlight
at Awards Ceremony
Last Thursday, nine development projects located in St. Petersburg vied for eight awards given in the Tampa Bay Business
Journal’s Best Real Estate Deals of 2005.
The St. Petersburg finalists (winners in bold):
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400 Beach Drive – Best Multi-Use Project
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New All Children’s Hospital – Best Medical Project
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La
Entrada, Valpak Building – Best New Development – Industrial
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La
Entrada, Halkey Roberts Building – Best Deal Announced in 2005
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100
Carillon Building – Best Deal Announced in 2005
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100
Carillon Building – Best Headquarters or Corporate Campus Move
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Tangerine Plaza – Best Community
Impact
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Parkshore Plaza & 400 Beach Drive – Best Community Impact
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Echelon
at Bay Isle Key – Best Project Sale
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Manhattan
Casino – Best Rehabilitation-Reuse
In total these projects – ranging from
high-tech industrial to first-class luxury living – represent $600-million
in private investment in the city, and the creation and retention of nearly
1,000 jobs. “This magnitude of investment is a testament to the
attractiveness of the St. Petersburg market to investors and business
owners,” noted Economic Development Manager Cindy Margiotta.
A few words on the winners…
400
Beach Drive is one of two Opus South
projects in downtown. This project will feature a 316-foot contemporary
structure with 91 condominium units surrounded by a low-rise structure
consisting of retail frontage on Beach Drive and 4th Avenue North.
The new All Children's Hospital is a $300-million, 240-bed
project that when complete will be home to more than 140 pediatric
specialists and sub-specialists under its nearly one million SF of space.
Whether residential or commercial, industrial or retail,
Gateway or Downtown or Midtown, these projects exemplify the attractiveness
of St. Petersburg as a great place to live, work and play.
For more information on development in St. Petersburg
contact Cindy Margiotta, Economic Development Manager, at 727-893-7100.
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