The fourth quarter of 2016 saw an enormous amount of progress on many of Downtown St. Pete's active developments. The demolition of the "cheese grater" building at 400 Central Ave concluded. The Rowdies launched an official campaign to join the MLS, which included an expanded Al Lang Stadium. A new site plan was approved for 801 Central, which now includes a 15 and 7-story apartment building and ground-level retail.
Also, a few projects broke ground including Bainbridge 930 Central Flats, and retail along 1st Ave S that will house an Orangetheory Fitness and a yet-to-be-determined restaurant.
Additionally, AER Apartments and The Hermitage Apartment Homes started leasing, which helped to relieve the extremely low apartment occupancy rates that Downtown St. Pete has grown accustomed to over the past few years.
Looking to the future, we should see the groundbreaking of a few notable projects this coming quarter including The Brownstones, 801 Conway, The District on 9th, and the Museum of the American Arts and Crafts Movement.
Lastly, be sure to check out Downtown St. Pete's first, second, and third quarter development updates of 2016 to see how your favorite projects have progressed!
Tuesday night, Tampa Bay Rowdies owner Bill Edwards announced an ambitious campaign to bring Major League Soccer to St. Petersburg. In an electric presentation at The Birchwood in Downtown St. Pete, Edwards energized fans about the future of the team saying, “We are committed to expanding the world’s game right here in downtown St. Petersburg, and we feel strongly that joining Major League Soccer is the next logical step.”
In vying for an MLS franchise, Edwards also revealed an $80 million expansion project that would increase Al Lang Stadium’s capacity to around 18,000.
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