14-story apartment tower breaks ground in St. Petersburg’s Echelon City Center 

/
14-story apartment tower breaks ground in St. Petersburg’s Echelon City Center 

New high-rises, green space, and retail are underway in St. Petersburg’s Carillon Office Park for the master-planned Echelon City Center development.

Echelon City Center, first announced in the early 2000s, is a 20.5-acre mixed-use project being developed by Echelon, a St. Petersburg-based real estate company.

The vision of Echelon City Center is similar to Midtown, an urban neighborhood between Tampa's Westshore and Downtown districts, anchored by a Whole Foods Market and features retailers such as REI. 

Read More

Done Deals: Downtown apartment tower reaches capacity, Tapas and wine bar opens, Marina sells on Salt Creek

/
Done Deals: Downtown apartment tower reaches capacity, Tapas and wine bar opens, Marina sells on Salt Creek

Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.

Have real estate news to share? Send us an email at hello@stpeterising.com. 

Read More

Philanthropist Kiran Patel proposes luxury beachfront condo building in Indian Rocks Beach

/
Philanthropist Kiran Patel proposes luxury beachfront condo building in Indian Rocks Beach

A new eight-unit luxury condominium building is set to break ground this summer in Indian Rocks Beach. 

The boutique Sai Ocean Front Residences will rise at 404 Gulf Boulevard, the site of the former 45-key Gulf Towers Motel across from The Original Crabby Bill’s seafood restaurant.  

Tampa philanthropist and real estate investor Dr. Kiran Patel, most notably known for selling WellCare for $200 million in 2002, is developing the project. 

Read More

State of the Economy: St. Pete looks to develop more properties, Welch talks on Rays deal

/
State of the Economy: St. Pete looks to develop more properties, Welch talks on Rays deal

Since 2020, St. Petersburg has accounted for 48% of the population growth in Pinellas County with over 265,780 residents, and that number should continue to increase thanks to planned new development. 

The population data and latest market trends were presented Wednesday, March 27th, at the City of St. Petersburg’s State of the Economy event hosted at the ARK Innovation Center in the Innovation District.

Read More

Habitat for Humanity completes 900th home, will deliver 85 more affordable units this year

/
Habitat for Humanity completes 900th home, will deliver 85 more affordable units this year

A Pinellas County employee, a single father of three, will soon have the keys to a new home - becoming the 900th owner to have a home built by Habitat for Humanity of Pinellas and West Pasco Counties. 

The local Habitat for Humanity alliance, which is the second largest in the organization's national network, has helped over 1,000 families, serving as the homebuilder, loan originator, and mortgage servicer.

They plan to build 85 more affordable homes this year.

Read More

Valhalla Bakery reopens in shared space with Valkyrie Doughnuts in the Grand Central District

/
Valhalla Bakery reopens in shared space with Valkyrie Doughnuts in the Grand Central District

Customers can continue indulging in Valhalla Bakery's Pistachio Rose Bar and sweet lattes just four doors down from their original St. Pete Grand Central District location.

The vegan bakery, named after the Viking Heaven, has relocated its operations at 2462 Central Avenue into the neighboring Valkyrie Doughnuts space at 2444 Central Avenue.

Valhalla Bakery owner Celine Beltgens, who also owns Valkyrie Doughnuts, explained it wasn't financially feasible to continue operations in separate locations due to the spiking costs of ingredients and fluctuations in today's economy, making it a struggle for small businesses to survive on lower profits. 

Read More

Local developer plans to convert historic church in Old Northeast into residences

/
Local developer plans to convert historic church in Old Northeast into residences

A local developer may convert the historic 98-year-old Westminster Presbyterian Church in St. Pete's Old Northeast neighborhood into residences. 

Pinellas Park-based Belleair Development Group, which has delivered multiple commercial retail and residential projects throughout St. Petersburg, is proposing to convert the former old school and church at 126 11th Avenue Northeast into one single-family home and two townhomes. 

The Westminster Presbyterian Church, designed in 1926 by well-known architect Archie Parrish, and has sat dormant for over a decade and is listed as a local historic landmark in the St. Petersburg Register of Historic Places. 

Read More

Done Deals: St. Pete apartments sell, Boxing gym coming to Central Avenue, Pinellas Park industrial sites are acquired

/
Done Deals: St. Pete apartments sell, Boxing gym coming to Central Avenue, Pinellas Park industrial sites are acquired

Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.

Have real estate news to share? Send us an email at hello@stpeterising.com.

Read More

City receives two proposals to redevelop Tangerine Plaza in south St. Pete

/
City receives two proposals to redevelop Tangerine Plaza in south St. Pete

The long-dormant Tangerine Plaza in south St. Petersburg may be redeveloped into an affordable housing community or culinary arts center - becoming a  true economic asset in the Deuces community.

St. Petersburg-based real estate firm Stoneweg US, the same firm redeveloping the Coquina Key Plaza, and faith-based nonprofit group Positive Impact Ministries have submitted bids to the city, vying to purchase and revitalize the retail center at 1794 22nd Street South, which has a few active tenants. 

The retail center was formerly anchored by a Sweetbay Supermarket and then a Walmart Neighborhood Market. Since Walmart closed its doors in 2017, the 40,000-square-foot grocery space has remained vacant. 

Read More

Here's what's next for the Grand Central District

/
Here's what's next for the Grand Central District

Additional bike lanes, walkways with immersive art, more crosswalks, and intentional development offering a balance of residential and commercial uses are envisioned for the future of the Grand Central District.

In partnership with planning firm WSP, the Grand Central District Association has completed a master plan study, which offers a variety of recommendations to aid in the future growth of St. Pete's main street just west of downtown St. Pete.

The Grand Central District is bound by 16th Street to the east, 31st Street to the west, 1st Avenue North, and 1st Avenue South.

Read More