Done Deals: Big Lots to close St. Pete stores, Dispensary replaces art gallery, Sundial signs another lease

Done Deals: Big Lots to close St. Pete stores, Dispensary replaces art gallery, Sundial signs another lease

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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49-story Waldorf Astoria Residences condo tower preliminarily approved for downtown St. Pete

49-story Waldorf Astoria Residences condo tower preliminarily approved for downtown St. Pete

The St. Petersburg City Council, acting as the Community Redevelopment Agency, has approved preliminary plans for the 49-story Waldorf Astoria Residences at 150 2nd Avenue South in downtown St. Petersburg.

The council unanimously voted to advance the project, following discussions on hurricane preparedness, crane safety protocols, and pushback from residents of the neighboring Saltaire condo tower. These concerns were highlighted by a recent crane collapse at the nearby 46-story Residences at 400 Central construction site. 

The Waldorf Astoria Residences will be St. Petersburg’s first hotel-branded luxury condominium, offering 164 residential units. The development will also feature approximately 63,251 square feet of Class A office space and 14,398 square feet of ground-floor retail.

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Brewed Awakening's cold brew coffee bar and bottle shop debuts in Historic Kenwood

Brewed Awakening's cold brew coffee bar and bottle shop debuts in Historic Kenwood

A Cuban-style cold brew coffee bar quietly debuted this morning in the Historic Kenwood neighborhood of St. Pete.

Brewed Awakening’s, known for its fun flavors and infused coffee cocktails, has opened inside Cybel, a new French Moroccan restaurant, at 2735 5th Avenue North.

“Brewed Awakening’s at Cybel feels more like a cocktail experience than a coffee bar,” Brewed Awakening’s Owner Chris Zamora said to St. Pete Rising. “We do not have an espresso machine. All of our cold brews are bottled, and we are using cocktail shakers for our made-to-order drinks.”

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Pete's Bagels debuts co-working space in Gulfport

Pete's Bagels debuts co-working space in Gulfport

Steven Peterman, owner behind the beloved St. Pete bagel shop Pete's Bagels, is launching a new venture—a co-working space in Gulfport.

Monday Morning Club will be designed to resemble a vintage diner, bringing a taste of fun nostalgia to 1401 49th Street South.

Members will enjoy free WiFi, complimentary coffee from St. Pete-based Look Alive Coffee, free bagels from Pete’s every Friday, and discounts on events and space rentals.

“I have always wanted to open a diner,” Peterman said to St. Pete Rising. “But this space isn’t really set up for a restaurant.”

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Downtown St. Pete apartment complex 930 Central Flats sells for $81 million

Downtown St. Pete apartment complex 930 Central Flats sells for $81 million

930 Central Flats, a luxury six-story 218-unit apartment community in Downtown St. Pete’s EDGE District, has a new owner.

Texas-based residential real estate management group Olympus Property, which owns multiple apartment complexes across Florida, has acquired the upscale apartment complex at 930 Central Avenue for $81 million, according to a deed published on October 28th.

The group purchased the complex from White Oak Partners, which purchased the property in 2020 for $64 million.

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