Local developer files plan to preserve historic building and build condos on Mirror Lake in downtown St. Pete

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Local developer files plan to preserve historic building and build condos on Mirror Lake in downtown St. Pete

A St. Petersburg-based developer has filed plans to preserve a historically significant property fronting Mirror Lake and construct a seven-story condo building in downtown St. Pete.

The 0.47-acre site at 250 Mirror Lake Drive North is currently home to an 87-year-old building that will be restored and remain on site.  A new two-story residence will be built on the northeast corner of the property and an 18-unit condo building will be constructed on the west side of the property on what is currently a vacant lot.

The developer, Backstreets Capital, has operated out of a 1920’s-era building across the street from the site at 248 Mirror Lake Drive for the past four years.

The existing two-story 1937-built building, while not listed on the local or national register of historic places, is adorned with a bronze plaque noting the building as being a “contributing structure of the downtown historic district.”

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St. Pete restaurant openings you may have missed

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St. Pete restaurant openings you may have missed

From Asian-fusion cuisine to smoked fish, established and rising chefs continue to bring new tasty concepts to the Sunshine City for locals to indulge in.

Numerous restaurants have debuted in St. Pete and beyond over the past few months and the city’s culinary landscape has garnered the attention of Travel & Leisure, which recently ranked St. Petersburg as the “top food city in America”.

Here’s a list of recent restaurant openings you may have missed.

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City of St. Petersburg looks to redevelop site on 22nd Street South in The Deuces

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City of St. Petersburg looks to redevelop site on 22nd Street South in The Deuces

A South St. Pete property, once home to the historic cultural landmark, may be redeveloped. 

The City of St. Petersburg issued a request for proposals (RFP) for developers interested in redeveloping three parcels at 951 22nd Street South.

The city is aiming to have the parcel transformed into a mixed-use project encompassing affordable housing, retail, event space, and/or a restaurant. 

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Construction to begin on new SunRunner bus rapid transit station near Beach Drive

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Construction to begin on new SunRunner bus rapid transit station near Beach Drive

Construction will soon begin on a new SunRunner station in downtown St. Pete that will increase ridership for the bus rapid transit line.

“Beach to Burg” is a tagline used by the SunRunner bus rapid transit (BRT) system, which is the first high frequency transit line of its kind in Tampa Bay.

The $44-million, 10.3-mile route debuted in October 2022 and links downtown St. Petersburg to St. Pete Beach via dedicated lanes running along 1st Avenue North and 1st Avenue South.

At present, the SunRunner has 30 stops, with buses arriving about every 15 minutes. The new station will be built near the Sundial Parking Garage at 150 1st Avenue North in downtown St. Pete.

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

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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.

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Pinellas County approves $8 million for 164 new affordable apartments

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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. 

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

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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.

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

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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.

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

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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.

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Mexican restaurant chain Qdoba to open on 4th Street

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Mexican restaurant chain Qdoba to open on 4th Street

Qdoba Mexican Eats, a restaurant chain known for its build-your-own burritos and bowls, is opening its first St. Pete location on 4th Street North.

The Denver, Colorado-based chain plans to open at 1330 4th Street North next to the Pearle Vision eye care center in the space formerly occupied by Bolay Fresh Bold Kitchen. Curated bowl and pita restaurant CAVA and an AT&T store are also located in the plaza.

Chris Gannon, son of Outback Steakhouse Founder Tim Gannon, opened Bolay on 4th Street in 2021 in the 4,800-square-foot building. Bolay permanently closed earlier this year.  

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