Downtown Developments August 2019: 36-Story Condo & Hotel Tower Announced and More!
/The summer is usually St. Pete’s slow season, but this July was jam-packed with Downtown St. Pete news. Along with the updates in this month's Downtown Developments, an expansion of the Museum of History was announced, plans move forward for the old Police HQ, a senior housing development is coming to the Tyrone area, and a fire broke out at a popular downtown restaurant, which prompted a temporary relocation.
As many of you are aware, we write a column every month called Downtown Developments for Green Bench Monthly, a local community magazine. In the column, we highlight everything coming soon to Downtown St. Pete, including new restaurants, bars, and coffee shops. We also reveal new tower renderings, announce townhome projects, and much more. A few months ago, we started publishing that column right here on St. Pete Rising, in addition to Green Bench Monthly!
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Demolition work has begun at the former Tampa Bay Times building at 490 1st Avenue South in downtown St. Petersburg, nearly two years after a construction crane collapsed into the property during Hurricane Milton.
Crews are currently completing interior, non-structural demolition and asbestos abatement, according to City of St. Petersburg permit records.
The eight-story, 240,000-square-foot complex consists of three buildings, with the original structure built in 1924 and additions completed in 1968 and 1988.
Naples-based Stock Development purchased the former Times building in June for $18 million.
The developer plans to redevelop the site with a high-rise condominium tower that could also include ground-floor commercial space and offices.