Exclusive: Johns Hopkins All Children's Hospital announces $62 million expansion of its St. Pete campus

/
Exclusive: Johns Hopkins All Children's Hospital announces $62 million expansion of its St. Pete campus

Johns Hopkins All Children’s Hospital, which was recently ranked the #1 children’s hospital in Florida, will expand its downtown St. Petersburg campus to further its surgical capabilities to treat complex cases and enhance services.

The hospital has submitted permits to start work on a $62 million project to expand its Emergency Center and its second-floor surgical suite.

The 28,000-square-foot expansion will rise on the northwest corner of the existing emergency center and will extend into the current parking lot at the corner of 5th Avenue South and 6th Street South.

Read More

Sweetgreen announces opening date for downtown St. Pete location

/
Sweetgreen announces opening date for downtown St. Pete location

Nearly three years after being announced, an opening date is finally set for Sweetgreen in St. Petersburg’s trendy EDGE District.

The Los Angeles-based, fast-casual restaurant, which serves made-to-order salads, leased space at 1114 Central Avenue will open on December 10th.

The original plan was for the popular salad restaurant to open in late 2022, but construction issues delayed the opening.

Sweetgreen’s menu includes an assortment of healthy meal options such as protein plates, bowls, and salads. It also offers kids’ meals and dishes made with locally sourced ingredients.

Read More

Prime development site near Mirror Lake under contract, set to close by year end

/
Prime development site near Mirror Lake under contract, set to close by year end

A New York-based real estate firm is under contract to purchase the prime redevelopment site at 450 3rd Avenue North on the east side of Mirror Lake in downtown St Pete.

Located at the corner of 5th Street North and 3rd Avenue North across from the historic Mirror Lake Community Library, the 0.94-acre property was previously approved to be developed into 23-story mixed-use tower containing 285 apartments and 10,000 square feet of retail space.

The site was formerly home to The Cara Apartments, a cluster of six buildings containing around 100 apartments, before the property was demolished earlier this year.

The current landowners, a group consisting of bitcoin mining company Hyperscale Data (formerly BitNile Holdings), former Illinois Congressman Aaron Schock, and Atlanta-based real estate investor Joshua Haywood, purchased the site for $15.5 million in 2022.

Read More

Done Deals: Group acquires more property on Salt Creek, Trop damage tops $55 million, Pin on Cafe moves next week

/
Done Deals: Group acquires more property on Salt Creek, Trop damage tops $55 million, Pin on Cafe moves next week

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

42-story Art House condo tower tops out in downtown St. Pete

/
42-story Art House condo tower tops out in downtown St. Pete

Soaring 450 feet, the 42-story Art House condominium tower in downtown St. Pete has now reached vertical completion.

The topping off of Art House marks a key milestone in the construction of the new 244-unit luxury condo tower at 235 1st Avenue South.

South Florida-based developer Kolter Urban, which has developed two other condo projects in downtown St. Pete, the 41-story ONE St. Petersburg and the recently completed 35-story Saltaire, will hold a private celebration on Thursday evening commemorating the construction milestone.

Read More