Done Deals: Miami investors buy downtown retail space, Saks Fifth Avenue opens in the Vinoy, Bayou Court tops out

Done Deals: Miami investors buy downtown retail space, Saks Fifth Avenue opens in the Vinoy, Bayou Court tops out

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

Pinellas County approves $8 million for 164 new affordable apartments

Pinellas County approves $8 million for 164 new affordable apartments

Two new residential projects that will create 164 affordable housing units are poised to receive millions of dollars through Pinellas County taxes and other funding sources. 

This week, Pinellas County Commission Commissioners unanimously approved two separate funding requests for the 80-unit Flats on 4th apartments in St. Petersburg and the 84-unit Cypress Grove Apartments in Largo.

Archway Partners, an affordable and workforce housing real estate company with offices in Miami and Orlando, will work with Pinellas County and both cities to invest more than $69 million in the two apartment communities. 

Read More

Plans filed and renderings revealed for 49-story Waldorf Astoria Residences

Plans filed and renderings revealed for 49-story Waldorf Astoria Residences

New details and preliminary renderings have been revealed for a proposed five-star hotel-branded luxury condominium tower planned for 150 2nd Avenue South in downtown St. Pete.  

Last month, the owners of the 12-story City Center office building sent a notice to its tenants that they were exploring redevelopment opportunities for the building’s six-story parking garage. The office building would not be impacted by the redevelopment.

It was later reported that the owners were planning a luxury condominium tower branded under the Waldorf Astoria Hotels & Resorts name as the Waldorf Astoria Residences St. Petersburg.

Read More

Steakhouse and martini bar The Blu Halo coming to north St. Pete

Steakhouse and martini bar The Blu Halo coming to north St. Pete

A new steak and seafood restaurant is coming to north St. Pete in early 2025.

The Blu Halo Restaurant and Bar in Tallahassee will open a second location at 221 Main Street North on the ground floor of Park & Main, the recently completed 17-story luxury apartment complex in Carillon Park’s Echelon City Center.

Park & Main is the newest residential building to open in the master-planned neighborhood, which will contain 2,300 multifamily units (of which 700 are already completed), a 120-key extended stay hotel, 150,000 square feet of retail, and 20,000 square feet of office space once complete.

Read More

Here's what is replacing King State in downtown St. Pete

Here's what is replacing King State in downtown St. Pete

Traditional Mexican restaurant Guac n' Cheese will open its first St. Pete location in downtown St. Pete this October.

Guac n’ Cheese Mexican Grill will replace restaurant and bar King State, which abruptly closed in April after only three months of business, on the ground floor of the COhatch coworking building at 15 8th Street North.

The restaurant, which operates at 4101 MacDill Avenue South in Tampa, is known for its popular Queso Fundido appetizer, a bowl filled with oven-melted cheese topped with chorizo that is served with chips.

Read More