St Pete Rising - Everything new and coming soon to St. Pete

If you’ve driven down Central Avenue recently, you’d notice that the Grand Central District is teeming with new development. Over the next few months multiple developments are expected to wrap up including: 1701 Central, Vantage Lofts, TRU by Hilton, and Artistry Apartments. In total over 700 new apartments will soon join the district along with 132 new hotel rooms.

These added residents and guests will increase the need for more restaurants and services in the area. Thankfully, each of these developments has ground floor retail, more than 60,000 square feet in total, which will add to the vibrancy of the area.

At Artistry, which is located at 1601 Central Avenue, leases were recently signed for two of the retail units. Each of the businesses is expected to open by the end of the year.

Recently, new residential developments have been sprouting up on nearly every corner in Downtown St. Pete. From urban townhomes to mid-rise condos to towering mixed-use apartment developments, there has been a lot of activity within the urban core as well as in downtown’s peripheral districts.

Despite seeing enormous growth in new restaurants and retail options, St. Pete’s Grand Central District, which runs along Central Avenue between 16th Street and 31st Street, has yet to experience the boom in residential growth that the neighboring EDGE District has encountered. However, that may soon change.

Milhaus, a real estate construction, development, and management company from Indianapolis is proposing a large mixed-use development in the district. The six-year-old company is relatively new to Florida, but has plans for an expanded presence in the state, including a project currently under construction in the Seminole Heights neighborhood of Tampa.