City of St. Pete to sell 1.5-acre site near Tropicana Field in downtown St. Pete
/The City of St. Pete is in discussions to sell a 1.53-acre city-owned property near the future Historic Gas Plant District redevelopment in downtown St. Pete.
Third Lake Partners, which was established by Ashley Furniture founder Ronald Wanek, is expected to purchase the property at 298 Dr. Martin Luther King Street South from the City of St. Petersburg for $10 million.
The property is situated east of Tropicana Field and directly west of United Property Insurance's (UPC) former headquarters building, which Third Lake Partners bought in 2022 for $10.5 million.
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