18-story condo tower, Reflection, to break ground in February in downtown St. Pete
/An 18-story condominium tower near Mirror Lake in downtown St. Pete is moving closer towards becoming a reality.
Reflection, an 88-unit tower that is proposed for the northeast corner of 3rd Avenue North and 8th Street, has reached a new sales milestone: over 60% of the building has been pre-sold and converted to contract.
The milestone was announced at a celebration at The Floridian Social Club in late October that was attended by 200 people including the development team and many of the project’s partners.
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Contrary to recent reports, Jannus Live, the iconic open-air concert venue in downtown St. Petersburg, is not for sale and will continue operating, according to the property's owner.
The confusion began when a two-story, 10,500-square-foot commercial building at 200 1st Avenue North, immediately north of the courtyard music venue, was listed for sale for $11.5 million.
Although the two properties share a longstanding connection, they have separate owners.
The building listed for sale is owned by The Jannus Landing Retail Building, LLC, associated with local businessman Jeff Knight, while the courtyard concert venue is owned by St. Pete Jannus, LLC, led by Tony Amico.
"Jannus music venue is not for sale and will continue to operate," Amico said in a conversation with St. Pete Rising. “There may be a short pause due to a change of operators, but the music will continue.”
The distinction comes after several local publications reported that Jannus Live was being sold, raising concerns about the future of the courtyard that has hosted concerts in downtown St. Pete since 1984.