St. Pete Developer Becomes Florida’s First Real Estate Development B Corp

St. Pete Developer Becomes Florida’s First Real Estate Development B Corp

Real estate developers are often criticized for not respecting the fabric of existing communities and for being too profit-driven. It is these issues, among others, that often lead to neighborhood groups and residents opposing new development, particularly when a project is being proposed by an out-of-town developer. 

But one local developer hopes to change these notions by giving back to the community and encouraging other businesses to do the same. Salt Palm Development, located at 3446 1st Avenue North in St. Pete, was recently certified as the first B Corp real estate development company in the southeastern United States. 

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Key West Taco Joint to Debut on the 600 Block

Key West Taco Joint to Debut on the 600 Block

The 600 block of Downtown St. Pete continues its transformation into a foodie destination. Amigos Tortilla Bar, a Mexican restaurant that bills itself as the “Home of the Square Taco” will occupy two parcels located at 681 Central Avenue that have sat vacant for nearly a year and a half.

Owners Jack Anderson, Jesse Anderson and Eric Sindone opened up the only other Amigos location in Key West in 2010. The trio had always wanted to expand, but decided to patiently wait for the right opportunity. That opportunity presented itself when former Amigo's manager, Samuel Haverl, moved to St. Pete three years ago. Haverl will share ownership in the St. Pete location.

“We’re all very excited to see what’s happening in this city and are very much looking forward to being a part of it,” says Haverl. The St. Pete location will only serve lunch and dinner at first, but breakfast may be offered down the road. 

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Overflow Brewing Company Tapped for Downtown St. Pete

Overflow Brewing Company Tapped for Downtown St. Pete

There is about to be more beer brewing in the Burg! Troy Bledsoe, local homebrew legend and former Head Brewer at Rapp Brewing, has teamed up with Ryan Sarno and Jessica Holder to bring Overflow Brewing Company to Downtown St. Pete this April. 

The tasting room and brewery will be housed in a converted 2,800 square foot office building located at 770 1st Avenue North. A huge bar has been built in the middle of the room, with a sports corner on one side and a lounge area on the other. Outdoor seating will also be available. Jessica Holder, the tasting room manager, explains, “We want Overflow Brewing to feel like home, for people to walk in and feel that moment of zen.”

Located less than one block off of Central Avenue, directly behind the Morean Arts Center, Overflow Brewing will make it even easier to brewery hop in Downtown St. Pete. The new digs will be less than half a mile from St Pete Brewing Company, Cycle Brewing, and Green Bench Brewing Company.

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A Vision Emerges for 400 Central Avenue

A Vision Emerges for 400 Central Avenue

This article has been updated to clarify details unknown at date of original posting.

In the heart of Downtown St. Pete at 400 Central Avenue, a 2-acre plot of land sits ready for development. Historically, this site was home to the Pheil Hotel and Central National Bank building which spurred commerce along Central Avenue in the 1950s. In the 1960s, an aluminum facade was added to the buildings which prompted locals to refer to it as the “cheese grater” building. By 2006, the complex was abandoned and remained that way for over a decade. 

Then in 2016, the site was put up for sale and in July of that year, it was announced that John Catsimatidis, a Greek-American businessman from New York City with deep family ties to St. Petersburg, would purchase the entire city block at 400 Central Avenue for redevelopment. Among Mr. Catsimatidis’ businesses is the Red Apple Group, a real estate company.

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Mixed-Use Development Planned for Downtown St. Pete’s Grand Central District

Mixed-Use Development Planned for Downtown St. Pete’s Grand Central District

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. 

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