Coming off of a record year in 2016, Downtown St. Pete’s real estate market is continuing to show signs of strength with the addition of new residential development. With land in downtown’s core at a premium, many developers are turning to urban infill townhome developments to meet the increasing demand.
Over the last few years, these townhome developments, usually consisting of 10 units or less, have begun popping up around downtown with much success. Last year, sold out townhome projects such as Del Mar City Homes, Quattro, and the Renaissance City Homes were completed, indicating strength in the high-end townhome market.
Maple Street Biscuit Co will open in Downtown St Pete this year! Check out StPeteRising.com for the full story! #StPeteRising
The Salvador, a 74-unit condo tower, started moving in residents this past month. Located in the Innovation District next to USFSP and The Dali Museum. DDA Development is interested in building additional projects in Downtown St Pete. #StPeteRising
We are now in PRINT! Starting with the May issue of Green Bench Monthly, look for our column called Downtown Developments -- future restaurant, retail, and real estate news in Downtown St. Pete. @greenbenchmonthly