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· Starbucks and Cingular
anchor storefronts at 900 Fourth Street N.
· Freedom Bank establishes
a branch at 1200 Fourth Street N.
· Cornerstone
Bank establishes a branch at 1840 Fourth Street N.
· Old Northeast Tavern is open at the
northwest corner of 2nd Street north and 7th Avenue.
The full service tavern has an extensive beer and wine list.Royal Palms shopping
center located between 48th and 50th Avenue N.
consists of 16,320 sq ft retail space and is fully occupied. Tenants
include, Talbots, Vino101, Mattress Firm and a variety of restaurant
establishments.
· Firehouse
Subs opens a new franchise location at 80th Avenue North
and was named 2007 Minority Business of the Year by St. Petersburg’s
Chamber of Commerce.
· July 2007 a new retail
center will open at 30th Avenue and fourth Street N. The
demolition of a retirement facility made room for a retail corner that
consists of Wireless Toyz and Supercuts as tenants.
· Indy Racing League
(IRL) has renewed their commitment for the Honda Grand Prix of St.
Petersburg through 2013. The event receives national and international
media coverage, including a Sunday broadcast on ESPN. To learn more
visit the web site - www.gpstpete.com
· Parkshore Plaza retail has
signed on Parkshore Grill, a 175-seat restaurant serves lunch and
dinner. In addition to the restaurant an art gallery, flower shop,
and a jeweler have recently opened at the Beach Drive project.
· A 14,890-square-foot Walgreen’s
Pharmacy with drive-thru and the 5,474-square-foot Bank of America
with drive-thru at the same corner has been completed at 3839 Fourth St. N.
· University Village is a
60,000-square-foot shopping center anchored by Publix, located in the
central business district of St. Petersburg. Tenants include a CVS
Drug Store, Great Clips, American Spirits Wine & Liquor Store, East Bay
Dry Cleaners, Subway, Hollywood Video, GNC, an optician, a nail salon, and
a Chinese take-out restaurant. The project is located between Second and Third Street and Second and Fourth Avenues South and is the only personal service center
in downtown.
· Aveda established
the first Florida based cosmetology institute and academy for advanced
training in downtown. The location provides services to the public
and has a retail outlet. www.avedaflorida.com
· The McCrorys
& the Alden Hotel conversion is nearing completion on Central Avenue. The 12,000 square feet of ground floor retail is completed and has 100%
occupancy. The second and third floors of the Alden Hotel section are
being dedicated to office/residential condominiums.
· The former Bradford
Coach House completed a $10 million dollar renovation project in 2003.
The structure was renovated to accommodate Outback Steakhouse, Optical
Outlets, Alltel Store, Panera Bread café and a second floor of
office space.
· Sunken Gardens was
purchased in 1999 by the City of St. Petersburg. The subtropical
gardens have been rejuvenated and the adjacent 40,000-square-foot historic
building has been renovated. The building is now home to the Great
Explorations Children’s Museum, Cold Stone Creamery, and
Carrabba’s Italian Grill. The building won the 2003 Florida
Redevelopment Association Award for Best Reuse or Renovation of a Building and
the 2003 NAIOP Best of the Best Award for Best Rehab. Visit the Sunken Gardens web site.
· Central Development
Enterprises’ Round Lake Plaza I and II, an 11,000-square-foot
retail center on two adjacent sites on Fourth Street North between Seventh
and Eighth Avenues are completed. Plaza I tenants include Washington
Mutual, Chipotle Grill and Planet Tan and Plaza II tenants include Tropical
Smoothie, Starbucks, Evos, and Tijuana Flats.
· J.Con Salon and Spa renovated the former
Luby’s Cafeteria which is a 9,200 sq ft facility located at 5811 Fourth St N.
· Salon Lofts is an arrangement of
miniature salons leased by 16 independent stylists. The 40,000 sq ft
renovation of the existing building, located at 1062 Fourth St. N., is
fully leased and expected to open by August 2007.
· Mainstream Station, location at 52nd Avenue N., is a new strip center to be completed by early 2008. Its retail
space is already half leased prior to the beginning of construction. The
15,000 sq ft center tenants will include FedEx Kinko’s,
Panchero’s Mexican Grill and Hiro Japanese Steakhouse and Sushi Bar.
· Starbucks and
Dunkin’ Donuts joint-facility establishments are to begin construction
at the corner of 88th Avenue N.
·
HipHopSodaShop locating at 8901 Fourth St. N. St. Petersburg has been selected as the second location in the country to brand the new
restaurant concept which brings together hip-hop music, gamily and healthy
food with community youth in mind. HipHopSodaShop intends on becoming a
world-wide restaurant chain.
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Mixed-Use:
· Kessler Enterprise,
Inc will be joining Progress Energy on a downtown block to construct the
$150 million Grand Bohemian Hotel & Residences. The new
32-story tower will be comprised of a 260-room hotel, 52 residential units
and 10,000 SF of ground-level retail. Kessler development
estimates it will employ 150-200 people at the hotel. The project is
expected to begin construction by Fall 2007.
· A 300,000-square
foot, multi-phased office development is being planned by ARC Group,
Inc. for
downtown St. Petersburg. The $65 million project would begin with the
construction of a nine-story office building on the block bounded by Central Avenue, Seventh Street South, Eight Street South and First Avenue South. The second
phase would include the construction of twin, 13-story buildings with six
levels of parking, seven levels of office, and 2400 SF of ground floor
retail space on the block bounded by Second Avenue South, Seventh Street
South, Eight Street South and First Avenue South.
· A $1 million
renovation of 2440 Central Avenue. has been completed in the Grand
Central District. The one of a kind architectural style will be four
residential condos upstairs and ground-floor retail space.
· Granville Pacific will be located at the
northern gateway into downtown on Fourth Street North. The project proposal
is for twin-towers with 356 residential units, 8,000 SF of office, and more
than 20,000 SF of ground floor retail.
· Mirabella on Central is a Mediterranean
influences, 14-story mixed use project containing 49 residential units, and
11,100 SF of ground floor retail space. Located in the downtown Arts
District and offered by 965 Development LLC, Mirabella has exceptional
amenities. Every unit will enjoy panoramic water views of the Bay and
spectacular city skyline. Mirabella’s sales center is open at 1027 Central Avenue and accepting reservations. Ground breaking is expected by the end of
2007 with a completion date of mid-2009. www.MirabellaCentral.com
· Opus South
Corporation is the developer for Parkshore Plaza, a 29-story
structure on the 300 block of Beach Drive Northeast. The completed project
is comprised of approximately 120 condominium units and 25,000 sf of retail
space on the ground floor. The $100 million development includes parking.
The Hooker Tea Company, KaBloom, and Parkshore Grill, a new 175 seat
restaurant, are a few of the new tenants who now call Parkshore Plaza home.
· Developer
Joel Cantor has begun construction on Signature Place, a 34-story
mixed-use project consisting of 260 residential units, 15,000 square feet
of retail, 40,000 square feet of office space, and a 560-space parking
structure. The project is estimated to cost in excess of $125
million. Ralph Johnson of Perkins+Will is the architect for this
project. Residential units are priced from $350,000 to $4 million for
a penthouse. www.signaturestpete.com
· 1010 Central Avenue, a $20-million,
114-unit residential project, has completed construction in the Dome
District by Miles Properties. Units consists of one and two-bedroom flats,
one and two-bedroom city homes (which are two-story), and live/work
residences, ranging in size from 700 to 2,200 square feet and featuring
10-foot ceilings, hardwood floors, balconies, granite countertops and
stainless appliances. Amenities include swimming pool, fitness center and
controlled-access parking. 1010 Central started with prices from $150,000
to $400,000. The five-story project contains 2,500 square feet of retail.
This project earned “Best Residential Deal of 2006” from the
Tampa Bay Business Journal. www.1010Central.com
· Centro Holdings
LLC has planned a two structure project at Central Avenue to 17th Street to 1st Avenue North entitled Centro Grand. The
project consists of a Phase I 12-story building with 81 residential units, and
across the alley will be Phase II an 11-story building with 42-units.
Ground floor retail of approximately 13,450 square feet and parking garage
complete the mixed-use project.
· JMC Communities has
announced that they will work with Sembler and Jimmy Aviram to construct Ovation.
The project will be built at the south west corner of Second Avenue north
and Beach Drive. Ovation will be comprised of 18,000 square feet of
ground floor retail and have 45 residential units in a 29-story tower
off-set to the western side of the project. Starting prices for these
“estate” condominiums is $1.6-million. Demolition is complete,
and ground-breaking began at the end of 2005. www.ovationjmc.com
· Grady
Pridgen, Inc. has announced it plans to build a $100 million mixed-use
project that will include the new Florida Sports Hall of Fame,
restaurants, office space and 326 condominiums ranging in price from
$150,000 to $250,000. The site is located at 16th Street South and Central Avenue, adjacent to Tropicana Field. Visit the project’s web
site.
· 400 Beach, an
$85-million project located on a 2.2-acre site, is the second project in
the city being developed by Opus South Corporation. The project
earned its Certificate of Occupancy in January 2008, the mixed-use project
has a single, 316 foot tower, 91 condominium units, and 23,000 SF of retail
and restaurant space. The first floor structures that front Beach Drive and 4th Avenue N will be dedicated to retail use with 5th Avenue NE to be
townhomes. 400 Beach’s new retail tenants include CoCo Brazil, Sebastian’s menswear, and two new high-end restaurants. The site will also
contain a parking garage.
· First Dartmouth Homes
has proposed a mixed-use high-rise for the south side of downtown. The
Edge, located at 300 Fourth Avenue South, would be a 31-story glass
ellipse tower that will offer digital public art and change color based on
the outdoor temperature. In the tower would be 176 residential units,
office space and ground floor retail. First Dartmouth Homes’ offices
will occupy the top three floors.
· Grady
Pridgen, Inc. has completed site preparations for the Bayway Lofts,
a four tower building with a 7 level parking deck as the base. The
two tallest towers (371-foot) will be residential, the other two smaller
towers will have one as a residential focus and the other is to house an
80-unit hotel. Bayway Lofts is expected to be a $150 million project
with 350 residential units ranging from $200,000 to $500,000. The project
will also include 14,000 SF of ground floor retail. Project is to be
located at 4th Avenue and 4th Street South. Visit the project’s web
site.
· The Tamarind, a six-story,
mixed-use project containing residential, office, commercial condos, a
parking garage and ground-floor retail is proposed for Ninth Street and Central Avenue. Residential units will start in the high $200,000s range for 1,200 square
feet.
· Quatro is a $2
million, mixed-use project proposed for the 1600 block of Central Avenue that will include 20 residences and approximately 4,000 SF of commercial
space.
· Tropicana Center is a
mixed-use project located on one city block in the heart of downtown. The
36-story project proposes 585 dwelling units, 151 hotel rooms and over
109,000 SF of retail space. Project is to be located adjacent to BayWalk
parking garage on the corner of 1st Avenue and 2nd Street North.
· Mansion by
the Bay is a proposed 21-story, 28-unit mixed-use development located
at 145 4th Avenue NE. The developer is proposing 8,000 SF of
retail space.
· Centro Grand,
Phases I and II is a $13 million, two-phase project in the 1600 block of
Central Avenue and 1st Avenue North that will contain more than
120 dwelling units and approximately 13,000 SF of retail space.
· Central
Avenue Lofts is a six-story, residential mixed-use development
proposed by the Miles Development Company consisting of 198 dwelling units,
structured parking, and 7,800 SF of street level retail space.
· Tamarind on
Central is a proposed mixed-use project in the Edge District. 27-story
tower with 285 residential units and approximately 30,750 SF of space
devoted to retail. The property will be served by a 430 car parking
structure.
· Osprey
Development site is a proposed mixed-use residential project with 250
dwelling units and 23,000 SF of retail on the ground floor. The project
will complete the University Village center.
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Commercial:
· SRI International has selected the Port of St. Petersburg as the site of a new $10 million, 30,000 SF marine technology
research facility. SRI-St. Petersburg will be affiliated with the
USF’s College of Marine Science and its Center for Ocean Technology.
· Progress
Energy’s new state headquarters building in downtown St. Petersburg is
completed. The 221,000 sf Class A building houses 700 employees, has ground
floor retail and will be a part of a larger mixed-use project that includes
a new four-star Grand Bohemian Hotel & Residences by Kessler
Enterprises. Progress Energy Florida’s headquarters building won a
2007 NAIOP award for Outstanding Office Building as well as a 2007 Florida
Redevelopment Association Award for Outstanding New building Project.
· Bayfont Medical has constructed a
new two-story 11,600 sf surgical center to expand their existing surgical
rooms on their campus at 701 6th Street South. They recently
began construction on their new medical tower.
· St. Anthony’s
Hospital has completed renovations to the hospital campus with new
exterior upgrades, a new entryway to the facility and the construction of
the three-story, 45,000 sf office building that is home to the Heart
&Vascular Institute. The Institute employs approximately 160 persons
and the construction costs for the building was $7.8 million. In 2009 the
hospital is planning a new emergency room center to better service its
patients in need of urgent medical care.
· The historic
Pennsylvania Hotel, originally built in 1925 has undergone a complete
renovation of the existing structure and had a new tower added at the north
end of the property. It is now home to a 128 unit Marriott Courtyard
boutique hotel.
· The city
owned Mahaffey Theater has completed a major renovation in excess of
$20 million. The exterior façade was upgraded, new seats were
added to the theater, and extensive upgrades were done on the inside open
spaces and conference rooms. The project earned the “2006 First Place in Cultural/Sports/ Recreation” improvement category from the Tampa
Bay Regional Planning Council.
· The Salvador
Dalί Museum has been granted approval from community voters to
relocate and expand the museum by building a new state of the art facility
next to the Progress Energy Center for the Performing Arts Mahaffey
Theater. The new three-story museum is expected to exceed 60,000 SF and
contain Dali works valued at more than $500 million. The Museum is expected
to begin construction in Fall 2008 and welcomes 210,000 visitors annually.
· The Museum of Fine
Arts
celebrated the grand opening of its new Hazel Hough Wing in march 2008. The
wing added an additional 39,856 sf of exhibition space to the Museum. The
new wing also features the MFA cafe’ which is open daily from 11-2.
· The Saturday
Morning Market continues to thrive downtown operating October through
May of each year. The market has become the largest fresh, open air market
in the Southeast and has earned its “jumbo” status with 100+
vendors participating each Saturday. In February 2008 the market saw a
record attendance of 10,000 in one weekend.
· The Westin Hotel is a 32-story
mixed-use building with 260 hotel rooms, 111 residential units and a
448-space structured parking garage. .The project is being proposed for the
Fifth Avenue North corridor that borders on the downtown district and Old
Northeast residential district.
· The International
Ocean Institute (IOI) announced in April 2007 they will be establishing
an America Operational Center next to the University of Florida Marine
Science Center at Bayboro Harbor. IOI’s headquarters is based in Valetta, Malta and comprised of a 26-member network of Operational Centers from nations
around the world. IOI is a non-governmental, non-profit, international
organization devoted to the sustainable development of the oceans. IOI is
an active consultant with the United Nations Council on ethical and worldly
principles encompassing oceanic research and activity. St. Petersburg is
proud to be the premier location chosen to base IOI’s America Operational Center.
· Darst Office Building, located
at I-175 and Dr. Martin Luther King, Jr. Street South, was approved by the
EDC in November 2006. The 175,000 SF development will consist of three
four-story office buildings over one level of parking along with a six
level parking structure.
· 100 Bay Central, the 192,000 sf
southern anchor to the multi-block BayWalk development has recently been
reclassified as Class A office space.
· The Vinoy Health
Club was approved by community voters to expand it’s facility by
adding an additional 20,000 SF designed to solidify the resort’s
position as a preeminent tourist and convention destination and improve
it’s competitiveness with other high-end resorts along the Gulf Coast.
· American Momentum
Bank
opens a new branch facility in downtown St. Petersburg on the ground retail
floor of the BayWalk parking garage located at the corner of 1st Avenue North and 1st Street North.
· The newly completed St. Petersburg College downtown 111,000 SF campus building is located at
Second Avenue North and Third Street. The campus provides unique class
schedules to accommodate downtown workers in the early morning and in the
evening. The downtown enrollment is over 1,100 in less than a year
and this campus has the youngest student median age of all of the SPC
campus sites.
· A Cornerstone Bank
with a drive-thru has been completed at 1840 Fourth St. N.
· A new Freedom Bank
is now open at 1200 Fourth St. N. The 8,820-square-foot, two-story bank
features Greek revival style architecture.
· USF has two
additional development projects. The USF Academic Building is a
50,000 SF classroom facility that will be located on a portion of the
Poynter Library parking lot. The USF Support Services Building is a
34,000 SF administrative building proposed to be located on First Street South.
· United States
Geological Survey has completed construction on a 12,000-square-foot addition to
its headquarters at 600 Fourth St. S., known as USGS Phase III. With
is new addition the organization has more than 85,000 square feet of wet
labs, offices and other unique spaces for their scientists.
· A new branch office
of the Pinellas County Property Appraiser has opened at 501 1st Ave N. In addition to accepting homestead or other personal
exemption applications, employees at the new branch – conveniently
co-located with the Tax Collector and Supervisor of Elections offices
– are available to answer questions about single family residence and
condominium appraisals.
· The city’s
construction of a new $4 million general aviation terminal at Albert
Whitted Airport is complete. The 10,600 square foot terminal is located
at the northwest corner of the airfield near First Street and Bayshore Drive. The intermodal terminal provides a viewing area, first floor retail
space which houses Avis Rental Car and BayAir Flight Services and a second
floor restaurant site expected to be open by Winter 2008.
· Hampton Inn and
Suites a 92-unit hotel was completed just after the September 11th
attacks in America. The project was constructed at a cost of $5 million and
consisted of renovating an existing building as well as adding additional
floor levels to the property.
· Jagged Peak, Inc. relocated its Florida fulfillment and logistics operation to St. Petersburg. The 100,000-square-foot facility
is located at 118 18th St. S.
· All Children’s
Hospital is constructing a $300 million dollar new 14-story,
918,000-square-foot hospital; an eight-story, 257,000-square-foot
outpatient services complex; and a six-story, 1,200-space parking garage on
the corner of Sixth Avenue South and Sixth Street South, adjacent to its
current location. The almost 1 million square feet of new space is being
designed with the young patients and their families’ comfort as the
first priority. All rooms in the new hospital will be private and 80
percent larger than current rooms. The new rooms will feature TVs with
movies and computer games, private bathrooms and showers, and a place for
parents to sleep. The project is currently the largest construction project
in the State of Florida. In addition, a 250,000 SF All
Children’s Medical Office complex to be located just south of its
new hospital currently under construction has been proposed and expected to
cost $100 million.
· Bayfront Medical has completed an
expansion of their surgical center. The two-story, expansion on their
campus at 701 Sixth St. south added 11,600-square-feet of new surgical
space and outfitted with the latest high tech medical machinery.
· The University of South Florida-St. Petersburg completed construction on the first of three 7-story
on campus housing units. The 364-beds were available to USF students
for 2006 fall enrollment. The university is also completed
construction on one of two parking garages –with a ground floor Barnes
& Noble bookstore. Future plans for the campus include a
technology center, a college of business facility, and a welcome center as
part of their expansion, over the next six years.
· Progress Energy has completed construction
on a $100 million, 200,000 square foot Class A office tower with ground
floor retail and a 500-space parking garage. They have relocated 700
employees from locations throughout the county and create 160 new
jobs. The project is located on the block bounded by First Avenue North, Second Avenue North, First Street North and Second Street North,
sometimes referred to as the Maas Brothers block. Progress Energy has also
made a commitment to assist the city in improving the adjacent Williams
Park site.
· Manning & Napier, an investment
management firm headquartered in New York, opened a research branch in the First Central Tower for 8,000 square feet. The location employs 20 persons with an average
salary of $100,000.
· Construction is
complete on the $6.3 million expansion of the Poynter Institute for
Media Studies. Classrooms, meeting rooms and an outdoor amphitheater,
totaling 26,000 square feet, nearly doubled the size of the facility. Visit
www.poynter.org
· The
18,300-square-foot Pinellas Bayside Surgical Center has opened at 709 16th St. N. The center employs 25 to 35 workers.
· The Arlington at 100 Eighth St. N. has undergone a major $1 million renovation. The building offers 36
parking spaces and 7,800 square feet of available space.
· The Sony
Ericsson Women’s Tennis Association consolidated their worldwide
headquarters in downtown St. Petersburg. The WTA maintained an
administrative office in St. Petersburg since 1991, and formerly had headquarters
in Miami and then Stamford, Conn. The St. Petersburg location was selected
after a three-year process that included sites in Tampa, Atlanta, Los Angeles and Charleston, SC.
· St.
Anthony’s Hospital has completed $30 million in renovations to
improve its cardiac unit, women’s health unit, oncology department
and emergency room. In addition, improvements were recently completed to
the exterior (where a new entrance was added) and interior. The $6.5
million new heart center opened in April and includes a cardiovascular
intensive care unit, a cardiac telemetry unit, and medical office space.
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Residential:
· The Arts will be a
first-of-its kind residential arts community in downtown St. Petersburg.
Over five acres, the art-themed development will encompass two 35-story
luxury high-rise condominium towers, 65,000 sf of ground level retail,
studios, galleries, and residential lofts with various unique features
designed to celebrate, appreciate, and cultivate creative expression and
the artistic values of St. Petersburg. Aiming to serve as an epicenter for
creative work and culture, the complex is anchored by the new celebrated
facility for the non-profit Arts Center, including a permanent collection of
artwork by renowned artist Dale Chihuly as well as a state-of-the-art glass
blowing facility. The Arts is being developed by ANB Enterprises and BSR
Group, Inc. The sales center is open and offering the area’s only
high-rise luxury living available in the low $200s. More information is
available at www.TheArtsofStPete.com.
· The Orion exudes
mediterranean architecture and located in the heart of downtown at the
intersection of 8th Street and 4th Avenue South. The
33 luxury condo units completed in 2007, range from 1430 – 1840 SF,
offers 11 floor plans to choose, and priced at $249,000 to $362,000.
Project includes large private balconies as well as secured garages and
building entrances. The project is located just minutes from St. Petersburg downtown working district/ USF/ BayWalk shopping center, fine dining and
cultural arts establishments. Also included in project design is nearly
5,000 SF of office space.
· Casablanca
Towers Condominiums in downtown St. Petersburg offers lots of
open living space. 2/2 split plan condos includes balconies that face West
towards Tropicana Field with urban and sunset views. Project is located at
the corner of 5th Street and 4th Avenue S, with units
priced around $219,000. The 32 unit condominium tower was recently
completed at an estimated cost of $3.2 million.
· In the Mirror Lake area, Urban Edge Development Group is planning Cityside Terrace
homes. The project has 53-unit residential units that will be 3 and
4-story townhomes with private rooftop terraces, elevators and other high
end upgrades. www.citysidestpete.com
· Highland
Courtyard Townhomes is under construction on the site bounded by
Ninth Avenue North, Seventh Avenue North, Highland Avenue, and Eighth Street; and just to the north of Ninth Avenue. The development will include 29
townhomes in seven, two- and three-story buildings. The development will
have a modern look and each unit will have its own garage.
· Terra Manor, 150-unit townhome
development ahs been proposed by D.R. Horton at 5150 Fourth Street North.
The development will include 50 two-story buildings with three units each,
a clubhouse and a recreational area.
· USF St. Petersburg
welcomed the first students to Residence Hall One for the Fall 2006
semester. The 354 bed dormitory is the first of three planned for the
expanding campus, which received separate accreditation in that same
semester.
· 128 Place Apartments,
an 18-unit development has been recently completed at 2762 First Ave. N.
· Urban Village
One, a project located in the Grand Central District is
constructing 13 townhomes. These townhomes will feature two-bedroom,
two-bathroom units priced from $170,000 to $210,000.
· The Plaza, 226 Fifth Avenue N, is under
construction. The 14-story Walker-Whitney Development structure will have
56 two- and three-bedroom residential units, and a 77-space parking
structure. Units will range in size from 1,300 to 2,400 square feet and
range in price from the mid-$200,000s to $900,000.
· Across the street
from The Plaza is Palladium-Flats which has been completed. This
project consists of eight units, in a five-story structure with prices
starting at $300,000 and features ultra-modern finishes.
· The Sage the second
development by Miles Properties is completed an located at 419 Fourth Street South. The 13-story, 140-unit project offers spectacular water and skyline
views. There are one and two-bedroom condominiums with 850 to 1,400 square
feet, ranging in price from $200,000 to $400,000. The development features
modern finishes, controlled-access parking, a fitness center, and a
swimming pool. www.thesagecondos.com
· Loftsville
has a new project – 475 Lofts, located at the corner of Fifth Avenue North and Second Street. This residential condominium project, currently under
construction, will consist of 22 homes on six levels. The building
will be very contemporary with high ceilings and tall windows. www.475downtown.com
· Eighth Avenue
Townhomes, an eight-unit development at 311 Eighth Ave. North. There are
two- and three-bedroom models with prices starting at $189,000.
· Construction
is complete at Delmar Villas at 724 Fourth Ave. S. The 14-unit,
two-story development is within walking distance to Tropicana Field.
· Downtown St. Petersburg has been
added to the National Register of Historic Places as a historic
neighborhood. This means that property owners in the district are now
eligible for incentives such as the Ad Valorem Tax Exemption for Historic
Preservation, the Federal Historic Rehabilitation Tax Credit, and the
Federal Non-Historic Rehabilitation Tax Credit.
· Victorian Cottages is a six-unit,
in-fill townhouse project located at 637 Fourth Ave. South.
· Casablanca Towers is a nine-story,
32-unit development offering two-bedroom, two-bath units starting at
$219,000. The project is located on Eighth Street South between Fourth and
Third Avenues South and is currently under construction.
· In the Arts
on Eighth District, Urban Edge Development Group has completed Calla
Terrace, a 15-unit townhome development. Located at 831 and 841 Third Ave. N., the one- and two-bedroom project had construction prices ranging from
$130,000 to $159,000.
· Crescent Heights
townhomes have been completed at 605 24th Ave. N. The four-unit
development features front porches, bay windows and balconies.
· Snell Arcade Condos, a trademark of
downtown built in 1928, has undergone renovation. Its upper floors office
spaces have been converted to seven residential units that range in price
from the low to mid $300,000. In 1982 the Arcade was added to the National
Register of Historic Places.
· Charles Court is a
townhome project by local developers, Loftsville, located at 325 Fourth Ave. South. The 19 units range from 1,390 square feet to about 1,835 square feet
and are designed to be a family oriented development. Each home has its own
garage opening off the exterior of the project and a secure courtyard in
the center of the community.
· Carlton Towers apartments at
470 Third Street South were converted into condominiums and renamed The
Beacon on Third. Prices at conversion ranged from $69,000 to 200,000
and unit sizes are from 489 square feet to 1,100 square feet.
· Round Lake
Chalet, an 11-townhome development has been completed. The
project is located at 734 Ninth Ave. N. and construction prices were from
$279,000 to $309,000. The town homes range in size from 1,600 to 2,000
square feet.
· The $60
million Vinoy Place, with 10 townhomes and 92 condominium units
overlooking Tampa Bay, has been completed. The complex adjoins the
four-star Renaissance Vinoy Resort, with original construction prices
ranging from $500,000 to $1,850,000. Resale prices start at $800,000.
· McNulty Lofts is an
85-unit project that was built above the existing MuNulty garage. The
units range from a one-bedroom with 943 square feet to a two-level
penthouses with 2381 square feet. Prices for the project originally
started at $185,000 to the mid $500,000s. www.mcnultylofts.com
· The 116-year
old Detroit Hotel has been redeveloped into 24 condominiums in the
heart of Downtown St. Petersburg. Located at 215 Central Avenue, the
renovations were in excess of $3 million.
· Spanish Palms has
completed construction on its 10-unit Mediterranean Revival style project
just north of BayWalk on First Street North. There are three stories
of residential on top of a parking deck with unit sizes from 1,800 to 2,000
square feet, prices ranged from $322,900 to $338,900 while under
construction.
· ZOM
Development’s, the Madison, a 277-unit, luxury apartment and
townhouse project built in 2002, was converted into condominiums ranging in
price from $109,000 to $400,000. The three- to five-story buildings
feature studios, one-, two- and three-bedroom flats and townhouses arranged
around courtyards.
· Built in
1927, the downtown YMCA is currently being renovated into the upscale Seville
Condominiums. The 46,000-square-foot structure is planned to have 15
units (2,000 to 2,200 square feet), ranging from $350,000 to $549,000.
· The Crescent Lake neighborhood added 11 luxury townhome units in their area. Crescent
Lake Park Condominiums, at 1831 Fifth St. N are 2,360 to 2,495 square
feet and face Crescent Lake. Pricing started at $400,000 to $500,000.
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