23-story luxury condo tower The Nolen tops out in downtown St. Pete

23-story luxury condo tower The Nolen tops out in downtown St. Pete

Construction on one of downtown St. Petersburg’s newest condominium towers has reached a milestone with Ellison Construction announcing that The Nolen has topped out.

The N­olen is a 23-story condominium tower under construction at 126 4th Avenue Northeast. The condominium tower is being developed by Tampa-based DDA Development, which is led by Bowen Arnold and John Schilling.  Ellison Construction broke ground on the development in October 2022.

At 288-feet, The Nolen is among the ten tallest buildings in St. Petersburg.

Read More

Proposed 60-unit affordable housing project receives $2.74 million from the City of St. Pete

Proposed 60-unit affordable housing project receives $2.74 million from the City of St. Pete

St. Petersburg City Council recently approved a resolution to allocate $2,740,000 in City funds for the construction of a new three-story affordable housing community in south St. Pete.

The new project, named Bayou Court Apartments, is set to rise near the southeast corner of Lake Maggiore at 4201 6th Street South.

The two-acre property, which was formerly home to The Old Landmark Cathedral of God, was purchased by Gravel Road Partners in 2022 for $1.7 million.

“We are an acutely focused workforce and affordable housing developer along the east coast,” said Tyler Herbert, Founding Partner at Washington D.C.-based Gravel Road Partners, during the November 30th City Council meeting. “We have about 1,200 units in our pipeline and all we do is public-private partnerships.”

Read More

Bayfront Health breaks ground on major campus expansion in downtown St. Pete's Innovation District

Bayfront Health breaks ground on major campus expansion in downtown St. Pete's Innovation District

Bayfront Health St. Petersburg has begun construction on a major expansion of its downtown campus that will further cement the hospital as a prominent anchor of the Innovation District.  

When Orlando Health purchased Bayfront Hospital St. Petersburg in 2020, it pledged to revive the 480-bed hospital after years of financial turmoil under its former owner. Orlando Health’s promise included not only strengthening the hospital’s charity care programs but to also restore Bayfront as a premier healthcare facility in St. Petersburg in both patient care and facilities provided.

Read More

ARK Innovation Center completion marks new era for St. Pete’s entrepreneurial scene

ARK Innovation Center completion marks new era for St. Pete’s entrepreneurial scene

The long-awaited ARK Innovation Center will officially open next month - creating a first-of-its-kind entrepreneurial hub in Pinellas County.

ARK Invest founder Cathie Wood, St. Petersburg Mayor Ken Welch, Pinellas County Economic Development Director Cynthia Johnson, among leaders from the Tampa Bay Innovation Center, cut a ribbon Monday morning, celebrating the completion of the 45,000-square-foot facility at 1101 4th Street South.

In the coming months, engineers, data scientists and entrepreneurs will fill the center's empty suites, conference rooms, and 3D-printing, and prototyping studios.

Read More

Aerial St. Pete: Construction boom to bring thousands of new apartments to St. Pete in 2024

Aerial St. Pete: Construction boom to bring thousands of new apartments to St. Pete in 2024

This month’s edition of Aerial St. Pete shows the progress on several real estate developments throughout St. Petersburg, FL. Aerial St. Pete is a column by St. Pete Rising which features exclusive aerial photography of projects under construction in St. Pete.

To accomplish this, we have teamed up with AB3 Visuals

In this article we are taking a look at: Arya, Lake Maggiore Apartments, Marina Club Apartments, Marlowe Gateway, and Terraces at 87th.

These projects include four apartment developments and one townhome community. The four apartment developments are located in neighborhoods outside of downtown St. Petersburg and will bring over 1,500 new apartments to St. Petersburg once completed in 2024.

Read More