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 MoreReaching a height of 150 feet, local general contractor JE Dunn Construction has topped out the 15-story Viv apartments in St. Pete’s EDGE District.
“Today’s milestone recognizes the collaborative efforts of the entire project team in bringing Viv to life,” said Dan Frazier, project director of Tampa-based JE Dunn Construction. “We couldn’t be more excited to be part of such a significant development in St. Pete’s EDGE District.”
Viv is being developed by Belpointe OZ on a 1.6-acre site at 1000 1st Avenue North near MLK Street. The development includes a pair of 15-story towers with 269 apartments consisting of studio, one, two, and three-bedroom units and a 355-space parking garage.
Read MoreNew renderings released today by the Tampa Bay Rays and Hines reveal an activated Booker Creek, Class A office space, and an art installation that will pay homage to the history of the Historic Gas Plant District.
The detailed renderings were unveiled during a Committee of the Whole meeting as councilmembers were beginning to examine and inquire about the terms and language of the draft development agreement with the joint venture partners.
In total, the project will include nearly 8 million square feet of mixed-use development and cost north of $6.5 billion over 20 years.
It will be the largest mixed-use development project in Tampa Bay history.
Read MoreThe nostalgic Postcard Inn on St. Pete Beach - one of the first hotels developed in the city - may undergo a significant renovation and expansion.
The owners of the 196-key beachfront resort are seeking a conditional use permit (CUP) from the City of St. Pete Beach for the renovation of the resort, built in 1957 at 6300 Gulf Boulevard, and the construction of a new five-story 87-room hotel on the property.
The new building would be constructed on an existing surface parking lot.
"Here at Postcard Inn on St. Pete Beach, we're not just renovating; we're reinvesting in the heartbeat of our community. Our upcoming renovation isn't just about improving our space; it's about giving back to the very community that has given us so much," General Manager Jeremy DaSilva said in a prepared statement to St. Pete Rising.
Read MoreConstruction is progressing on the long-awaited five-story Central Park food hall in the heart of downtown St. Pete.
Hi Hospitality Group has been working on transforming the nearly 28,000-square-foot space at 551 Central Avenue, formerly the Dome Grill. The highly anticipated venue will feature a variety of cuisines, price points, experiences and live events that will offer the community endless possibilities within the space.
"We are creating all of the concepts internally, with Culinary Director Chef Hart Lowry at the helm of recipe development” said Natalia Levey, founder at Hi Hospitality Group, in a conversation with St. Pete Rising.
“People have high expectations, and we are committed to bringing the same level of quality to Central Park St. Pete as we have to our other restaurants, and also create a seamless dining experience," added Levey.
Read MoreSt. Pete Rising is an online urban development publication covering retail, restaurants, and real estate news in St. Petersburg, FL
